kharg island
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India's Oil Supply Chain: Flexibility Amid Middle East Disruptions
New Delhi, April 4 India said on Saturday that there were no payment issues with Iran for crude imports, and that refiners continue to source oil from the country, as well as from a wide range of global suppliers.In a post on X, the Ministry of Petroleum and Natural Gas dismissed reports that... - H
Oil Trade Shift: Tanker Changes Destination Amid Payment Concerns
New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and... - H
Geopolitical Tensions Drive South Korean Won Decline
Seoul, March 31 – The South Korean currency plummeted sharply to a 17-year low against the US dollar on Tuesday, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.The won was quoted at 1,530.1 won per dollar, down... - K
Strait of Hormuz Under Threat: Oil Reserves Released as Conflict Intensifies
Oil Prices Ease Slightly as Trump Urges Global Support to Protect Strait of Hormuz Global oil prices edged lower in early trading on Monday even as geopolitical tensions in West Asia continued to keep markets on edge. The decline followed sharp gains in the previous session, with traders closely... - K
Market Reacts to Dollar Surge and US Action
Gold Prices Slip 0.73% After Multi Week Highs; Silver Declines Sharply Precious Metals See Weekly Pullback Amid Strong US Dollar and Profit Booking New Delhi, March 14: Gold prices declined 0.73 percent during the week as investors booked profits after the metal reached multi week highs.On...