Washington: The western countries are continuing cooperation over crude oil with Iran despite the US-imposed sanctions, have been issued a stern warning by the United States saying, ‘No country should let the Iranian oil tankers dock in their ports or even enter their country waters. If any state allows an Iranian oil tanker to enter […]
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Riyadh/London: The oil shipments are being affected by the Houthi conflict in Saudi Arabia and Yemen. The Houthi rebels attacked a Saudi Arabian oil tanker passing through the Bab Al Mandab Strait. Cautioned by this attack, Saudi has stopped the oil shipments to Europe passing through this marine sector. This has had its effect on […]
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Dubai: Iran has captured an oil cargo vessel bearing a Red Marshall’s flag from the Gulf of Oman because the captured vessel collided with a patrolling ship of Iran as per the Iranian Navy. There were about 24 Indians on board which was on its way to Houston. The US Navy is accusing Iran of […]
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Beijing: The US Army, years-long stationed in Syria for military operations, has been looting the country’s oil. Reacting to the news published in the Syrian media, China’s Foreign Ministry accused Syria of being on the brink of the biggest humanitarian crisis. The Syrian mouthpiece had published that the US sent 53 fuel-filled tankers from Syria’s […]
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Dubai / London – Crude oil prices have increased due to a drone strike near the United Arab Emirates (UAE) fuel depot. Crude oil prices have jumped above $87 per barrel in the international market, the highest level in seven years. Earlier, in October 2014, crude oil prices were recorded at more than $87 per […]
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Tehran – Within hours of Kharg catching fire and sinking, there was a massive fire in an oil refinery in Tehran, the Iranian capital. These two fires rocked Iran in a span of only a few hours. The local agency claimed to have brought the fire, which was blazing till Wednesday night, under control, on […]
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New Delhi: – India has made preparations to teach a lesson to the countries, increasing oil prices by keeping the production low, despite the rising demand. Accordingly, India has reduced oil purchase from Saudi by 25%. The Indian government has ordered the oil companies not to depend entirely on Saudi for the oil but search […]
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Sana/Riyadh: – The Houthi rebels, who dismissed the ceasefire proposal presented by Saudi Arabia, launched fierce drone attacks on a Saudi oil terminal and military bases. Saudi government informed that a tank filled with oil caught fire in the attack. Saudi, infuriated by the attacks, has warned of a strong retaliation against the missile and […]
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Washington: – The Advisor to the Saudi Royal family claimed, ‘Missile and drone attacks were carried out on the fuel project in far eastern Saudi Arabia. The evidence regarding this is pointing to Iran as the perpetrator of the attacks.’ He made this accusation during an interview with a US newspaper. The Sunday attack has […]
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Seoul: A reaction has emerged from South Korea after the Iranian Revolutionary Guards (IRGC) seized its tanker in the Persian Gulf. The South Korean defence ministry announced sending an anti-piracy unit to the Persian Gulf. However, reports revealed that the unit included a South Korean destroyer and soldiers from the board’s special forces. On Monday, the IRGC […]
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