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India prepares to send oil tankers through Strait of Hormuz for new supply
India plans to resume shipping energy cargoes through the Strait of Hormuz, with Shipping Corp. of India ready, as Navy escorts increase amid Iran conflict and energy price strain
Q4 Results Live Updates: Coromandel Intl Profit Falls 75%; Escorts Kubota Sees Double-Digit Revenue Growth
BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.
Trump pauses effort to escort ships in Strait of Hormuz, citing deal progress
Trump pauses Project Freedom ship escorts in Strait of Hormuz amid progress on Iran deal, Operation Epic Fury declared over, oil prices fall, ceasefire holds but tensions and attacks persist
Oil prices fall 15% after US Navy escorts tanker through Hormuz Strait
Oil prices fell over 15% on March 10 due to Iran war impacts. WTI dropped to $80 a barrel. Fatih Birol called an IEA meeting. G7 requested emergency oil scenarios. Trump pledged naval escorts.
Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day
The U.S. submarine strike on the Iranian vessel came as U.S. President Donald Trump pledged to provide insurance and navy escorts to ships exporting oil and gas from the Middle East in a bid to contain soaring energy prices. At least 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers including Iraq, Saudi Arabia and Qatar, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform.
Oil up modestly after Trump pledges insurance for ships transiting Strait of Hormuz
Brent crude edged higher in early trade after US President Donald Trump vowed political risk insurance for vessels in the Gulf and signalled Navy escorts if needed, easing market fears after recent sharp gains.