A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — ReutersStrait of Hormuz shipping remains near standstill after fighting.Tanker traffic disrupted as shipowners assess security risks.Hormuz handled about 20% of global oil, gas…
Related Posts
Oil extends decline on rising Middle East supply
A view of oil storage tanks and facilities in Ningbo, Zhejiang, China, March 21, 2026. — ReutersBrent, WTI hit lowest since February 27.More stranded oil tankers exit Hormuz.US crude stocks hits lowest since 1984.
BEIJING/SINGAPORE: Oil prices extended their decline on…
India, EU near landmark trade deal as talks conclude
India’s Prime Minister Narendra Modi greets European Commission President Ursula von der Leyen, next to India’s President Droupadi Murmu, as they arrive to attend the Republic Day parade in New Delhi, India, January 26, 2026. — Reuters
Formal signing to take six months,…
Four petrol-laden ships arrive at Port Qasim amid fuel crisis
A view of shipping activity at port Qasim, Karachi. — APPTwo more ships with petrol cargo expected on March 12, 13.PM Shehbaz announces austerity steps to tackle energy crisis.Govt raised petrol, diesel prices by Rs55 per litre last week.
Amid the recent energy crisis and…