It was not clear whether the chartering failed due to heightened tension in the Strait of Hormuz, the sources said
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Commodity vessel transits through the Strait of Hormuz drop to a three-month low, with only one vessel reported.
Crude oil futures decline as reports emerge of an Iran-Oman deal to reopen the Strait of Hormuz.
A foreign container ship ran aground in the Strait of Hormuz amid rising tensions over maritime navigation regulations.
Indian refiners purchase 1 million barrels of Oman crude and 4 million barrels of West African crude, sources report.
India's crude oil price drops to $77.6/bbl in July, easing import costs amid global geopolitical tensions, says government.
Iran says Strait of Hormuz closed again, citing Israeli strikes in Lebanon and US “bad faith”, raising fears over global oil…
