Categories: Business

Strait of Hormuz disruptions: Two state-run refiners cancel plans to lift Iraqi oil amid renewed US-Iran tensions

Before the conflict escalated, the Strait of Hormuz, located between Iran and Oman, served as the principal transit route for nearly one-fifth of the world’s energy supplies.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘Releasing 6,000 cusecs is impossible’: Karnataka on Cauvery water order, may move Supreme Court

Karnataka may approach the Supreme Court regarding water release orders. The Cauvery Water Regulation Committee…

41 minutes ago

Crypto goes abroad, returns as gift cards for Indians to buy groceries & gold

The mechanism involves leading fintech and e-commerce platforms incorporated in Sweden, Germany and Singapore. Individuals…

52 minutes ago

Meet Avlokita Agrawal, IIT Roorkee alumna building career in energy efficiency

Prof. Avlokita Agrawal of IIT Roorkee has been selected for the National Awards to Teachers…

1 hour ago