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LNG tankers return to Strait of Hormuz despite renewed Middle East tensions
Liquefied natural gas tankers have resumed transiting the Strait of Hormuz recently. Twenty-two Japan-linked vessels exited the Gulf since Tuesday, Tokyo confirmed. This occurred despite renewed fighting and attacks on commercial shipping. Several ballast LNG tankers entered the strait in recent days. Japan-linked vessels in the Gulf have significantly decreased since the conflict.
ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru
ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is strengthening its reserves after recent global supply chain disruptions. Additional SPR facilities are also being developed in Odisha and Karnataka. This increases India's total oil storage capacity to approximately seventy-four days.
Renewed US-Iran Tensions Cloud India's Iran Oil Import Plans
Any disruption to supplies or shipping routes could tighten availability and increase cooking gas prices, analysts said.
What are the risks of an LNG tanker explosion?
A Qatari LNG tanker sustained damage in an attack near the Strait of Hormuz. The vessel, Al Rekayyat, is reportedly at risk of exploding following the incident. This marks the second war-related attack on an LNG carrier this year. LNG is natural gas cooled to liquid form for easier transport. Modern LNG carriers have multiple safety features to prevent explosions.
OMCs, gas utilities remain top picks despite fresh oil price volatility: ICICI Securities
Probal Sen, Senior Research Analyst-Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities discusses India's energy outlook, LPG supply risks, ONGC and Oil India, while Trading.com's Peter McGuire shares his view on crude prices amid escalating West Asia tensions.
Stocks to watch, July 8: IndiGo, ONGC, OMCs, Asian Paints, RCF, Cochin Shipyard, Uno Minda, PC Jeweller - Upstox
Stocks to watch, July 8: IndiGo, ONGC, OMCs, Asian Paints, RCF, Cochin Shipyard, Uno Minda, PC JewellerUpstox
Vedanta, TCS among 5 stocks with the highest dividend yield. Check details
Investors seeking high returns are eyeing stocks with impressive dividend yields. Vedanta leads the pack with a remarkable 12% yield, followed by Gujarat Pipavav Port at 6.7% and ONGC at 5.5%.
Quantum AMC's George Thomas on sectors to watch as crude prices ease
George Thomas, Fund Manager-Equity at Quantum AMC, which managed assets worth over ₹3,948.11 crore as of March 2026, believes lower crude prices could benefit oil marketing companies, gas utilities and businesses dependent on crude derivatives. However, he cautioned investors against relying on volatile earnings and advised focusing on normalised profit levels and valuations. Thomas said financials remain the fund's largest allocation, while IT stocks have become attractive from a valuation perspective despite near-term demand uncertainties.
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz ports
Indian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. The cargo will be lifted from ports located within the Strait of Hormuz. This marks the first such tender since a U.S.-Iran agreement. The company seeks to charter a VLGC, a Suezmax tanker, and a VLCC.
Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal
Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing a significant shift.
Here's how oil sensitive stocks could react to reopening of Strait of Hormuz, Nomura explains
Nomura said state-run oil marketing companies (OMCs), city gas distribution (CGD) players and Petronet LNG are likely to be among the biggest beneficiaries if shipping through the strategically important waterway normalises.
Stocks to Watch today: RIL, Vedanta, ONGC, Suzlon Energy, Meesho, SEPC
Stock to Watch today, June 15, 2026: NLC India, Aurobindo Pharma, Dr Reddy's Labs, Ashoka Buildcon, JSW Energy, and Ather Energy are among the top stocks to watch during today's trading session