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From trickle to torrent: Hormuz reopening may trigger a global oil flood
The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned near the Gulf and oil infrastructure largely preserved during the shutdown, producers are expected to ramp up output quickly once shipping resumes. Industry experts believe a significant portion of the region's production capacity could return within days or weeks, helping restore market balance and easing concerns about prolonged supply disruptions.
More oil escapes Hormuz, keeping traders guessing
Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is widespread. This makes it harder to gauge market flows. Oil on water in the Gulf has dropped. This shows outflows are inching higher. The market may not return to normal.
Crude oil outlook: Brent seen in $90 - $115 range as supply strains persist
Gulf's flagship national oil companies have issued stark timelines. Saudi Aramco CEO Amin Nasser warned that oil market will not normalise until 2027 if Hormuz disruptions persist past mid-June 2026.

Rupee falls 19 paise against dollar amid higher oil prices, weak Asian peers
Indian rupee opens weaker at 95.45 against US dollar as Gulf tensions lift crude prices, markets eye RBI policy decision and inflation outlook.

Rupee opens 19 paise lower at 95.45 against US dollar
The Indian rupee fell 19 paise to 95.45 against the US dollar, influenced by rising crude oil prices and Asian currency weakness amid escalating tensions in the Gulf. Investor sentiment weakened due to Iranian military actions and ongoing FPI outflows, despite RBI interventions.

Goldman Sees Two-Sided Risk To Oil As Lower Use Offsets Iran War
The global oil market has been upended by the Iran war, with shipments from Persian Gulf producers through the Strait of Hormuz cut to a trickle — leading to the shut-in of millions of barrels of production.
Gulf Oil Lubricants India consolidated net profit declines 2.65% in the March 2026 quarter
Sales rise 10.76% to Rs 1055.26 crore

Oil Rebounds as US Hits Hormuz Targets and Kuwait Repels Drones
Oil advanced, following a drop of more than 5% on Wednesday, on fresh strikes in the Persian Gulf, while Washington and Tehran remained at odds over how to reopen the Strait of Hormuz.

Asia shares take a breather as Gulf hostilities drag on
Asian shares slip as a new US strike in Iran lifts oil and Treasury yields, investors eye US PCE inflation data and shifting Fed rate expectations, dollar firms, gold eases.
US adds Persian Gulf Strait Authority to sanctions list, Treasury website shows
The US has imposed new Iran sanctions, targeting the Persian Gulf Strait Authority, responsible for managing passage through the vital Strait of Hormuz. This move comes as Iran's control over the waterway, crucial for global oil, has caused economic instability. The authority recently asserted Tehran's territorial claims in the region.

Gulf Oil Declares Rs 30/Share Dividend Amid Slip In Q4 Profit; Check Record Date
Gulf Oil Q4 results
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities
Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The government aims to build strategic reserves, funded by a levy on fuel, and increase local supply capacity. This initiative comes as Pakistan lacks strategic petroleum reserves despite heavy reliance on Gulf imports.