July 08, 2026
The move follows attacks on three tankers in and near the Strait of Hormuz
Operations restart after Saudi last loaded crude at the port in Early March
Energy ministers from the two countries meet on the sidelines of a BRICS event
The MT Ninemia is sailing from Fujairah Port with 100,000 tonnes of oil
All crude oil from the vessel is expected to reach Eastern Refinery within 8 to 10 days
Global crude rally and rising demand deepen pressure on Bangladesh’s import balance
Energy exports from the Gulf region have fallen sharply amid the conflict
The DOE is loaning SPR oil to companies, claims the system will help stabilise markets at no cost to taxpayers