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Trump’s Hormuz blockade puts China, India in crosshairs as U.S. pressure on Iran spills over

WASINGTON/BEIJING/NEW DELHI: The U.S. blockade of the Strait of Hormuz is not only squeezing Iran but also ratcheting up pressure on two of its...

FIS expands its Global Fuel Oil Coverage

LONDON: FIS, a leading freight and commodity brokerage, has announced some key hires in Singapore, expanding its coverage of fuel oil products at a...

Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO

LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026,...

New report finds LNG remains cruise shipping’s most deployable decarbonisation option

LONDON: Lloyd’s Register (LR) has published the latest report in its award-winning Fuel for Thought research series, examining the role of liquefied natural gas (LNG) in the cruise...

Global order book hits 17-year high amid record crude tanker contracting

LONDON: “By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes...

India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis: Jaishankar

NEW DELHI : India is finalising an agreement for the supply of oil and gas to Mauritius to strengthen its energy security amid the...

India grants waivers for some ships to deliver Iran cargoes : Sources

NEW DELHI : With a view to speeding delivery of energy supplies from the Gulf, India recently granted waivers to allow two Iranian cargoes...

Petronet LNG commissions Dahej Terminal expansion to 22.5 MMTPA

DAHEJ : Petronet LNG has commissioned the expansion of its Dahej liquefied natural gas terminal, increasing capacity from 17.5 million metric tonnes per annum...

Russia promises to increase oil, LNG supplies to India

NEW DELHI : Amid the oil shock and supply chain disruptions triggered by the U.S.-Israel war on Iran, Russia has assured that its energy...

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