Iran's influential military unit the Islamic Revolutionary Guard Corps claimed on Monday that the sea route through the Strait of Hormuz has been closed....
A major concern for oil traders is the situation in the Strait of Hormuz, which is one of the world's most important oil shipping routes. ...
Venezuela has once again started sending crude oil to India on a large scale. The special thing is that this time instead of small ships, the world's largest oil tankers are being used. ...
Kremlin spokesperson Dmitry Peskov on Wednesday, while addressing a presser, said that Russia has never been India's sole energy partner....
A major change may be seen in the international energy market. It is reported that the United States has told India that it can soon buy crude oil from Venezuela again....
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