Strait of Hormuz shipping
-
Business
OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war – The Times of India
OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy…
Read More » -
Business
Iranian Oil Sanctions: US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets – The Times of India
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140…
Read More » -
Business
Iea Oil Reserves Release: Iran crisis: IEA says strategic oil reserves to be released immediately in Asia-Oceania, from end-March in US and Europe – The Times of India
The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania,…
Read More » -
Business
India seeks US-backed insurance cover for oil tankers as Middle East tensions threaten energy supplies – The Times of India
India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle…
Read More »