strait of hormuz
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India Widens LNG Sources to 15 Countries as Markets Feel Crude Pressure due to WAR
India has widened its LNG sourcing base from six to 15 countries and crude oil sources from 27 to 41 as geopolitical risks continue to threaten energy supply routes. The move comes as Indian markets closed almost flat on Monday, with crude prices and West Asia uncertainty offsetting strong earnings and softer US jobs data.
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Trump Risks Derailing US-Iran Peace Talks With Fresh War Threat – June 2026
Diplomacy cannot survive on signatures alone. Agreements become meaningful only when every stakeholder exercises restraint, especially armed groups operating outside direct state control. US-Iran peace talks have begun in Switzerland under a fragile memorandum as Donald Trump warns Tehran against backing Hezbollah and Iran shuts the Strait of Hormuz following Israeli strikes in Lebanon.
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Oil Markets on Edge as Hormuz Traffic Slowdown Raises Supply Fears – 2026
Oil prices are swinging wildly as Middle East tensions fuel fears around the Strait of Hormuz. While traders panic, North American pipeline giants are quietly making money either way.