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3 Articles
US blockade may cut off 2 million barrels of Iranian oil per day
New Delhi: With the US military starting its blockade of Iran's ports, around two million barrels of Iranian oil per day is expected to be shut out from the world's markets, tightening global supply and leading to a further rise in prices of petroleum products, according to reports. A complete blockade of the Strait of Hormuz may also impact LPG supplies for India, as over the past month the country managed to have at least eight LPG tankers sa…
The naval blockade of Iranian ports imposed by the US for months remains in force, with no major security incidents in the Strait or the Persian Gulf, despite the risk of renewed hostilities after the first failed round of negotiations over the weekend. No Iranian ships passed through the Strait on Tuesday. The ships […] The article US blockade of Hormuz, day two. How high will the costs be for Tehran: oil production shutdown in 13 days, collaps…
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