Red Sea Under Siege: How Saudi Oil Tankers for India Navigate Peril by ‘Going Dark’ Amid Houthi Threats
No Comments on Red Sea Under Siege: How Saudi Oil Tankers for India Navigate Peril by ‘Going Dark’ Amid Houthi Threats
July 31, 2026
As Houthi attacks escalate in the Red Sea, Saudi oil tankers bound for India are reportedly switching off transponders to evade detection. This critical security challenge pushes Indian refiners to opt for 'delivered basis' crude purchases, shifting…
Global Oil Prices Retreat Despite Escalating Middle East Tensions: Supply Routes Hold Strong
July 30, 2026
Global crude oil prices saw a dip on Thursday, reversing recent gains, as shipping data confirmed continued supply flows from the Middle East despite escalating regional conflicts and threats to Red Sea shipping.