Energy Crisis News

Energy Crisis

Pak reels under oil shock, weekly crude bill jumps to Rs 7600 crore amid Iran war

Pakistan Oil Shock: Import Bill Jumps 167% Amid Iran War and Rising Crude Prices

Ashish kumar

Pakistan is facing a severe economic jolt as global oil prices surge in the wake of escalating tensions in...

Defense Secretary Pete Hegseth

US ‘Ironclad’ Hormuz Blockade Escalates Iran Standoff, Threatens Global Oil Supply

Thefoxdaily News Desk

The United States has signaled a dramatic escalation in its standoff with Iran, declaring that its naval blockade in...

Trump iran ceasefire

Trump’s Iran Ceasefire Strategy: How Economic Warfare Targets Iran’s Oil Industry

Ashish kumar

A ceasefire That Isn’t What It SeemsWhen former US President Donald Trump chose to extend the Iran ceasefire, many...

Indian-American economist Gita Gopinath is the former Chief Economist of the IMF and currently serves as a Professor of Economics at Harvard.

China Hit Harder Than US by West Asia War: Gita Gopinath Warns of Global Economic Risks

Ashish kumar

The ongoing West Asia conflict has sent shockwaves through global energy markets but contrary to popular belief, it is...

US seized Iran ship.

Hormuz Blockade Escalates: US Turns Back 27 Ships, Seizes Vessel in Major Maritime Crackdown

Ashish kumar

Introduction: A Strategic Waterway Under Tight ControlThe Strait of Hormuz has long been a pressure point in global geopolitics....

Rajasthan HPCL oil Refinery

Global Refinery Fires 2026: Coincidence or Pattern Amid Iran Conflict and Energy Crisis?

Ashish kumar

Introduction: A String of Fires That’s Hard to IgnoreWhen a major oil refinery catches fire just days before its...

Donald Trump

Trump Threatens Iran Amid Strait of Hormuz Crisis: Oil Prices, War Risks, and Global Impact

Thefoxdaily News Desk

Tensions between the United States and Iran have sharply intensified once again, as former US President Donald Trump issued...

Strait of Hormuz

Hormuz Under Fire: Ships Hit as Iran Tightens Control, Raising Global Oil Fears

Thefoxdaily News Desk

The already fragile situation in the Strait of Hormuz has taken a serious turn after reports that merchant vessels...

the Strait of Hormuz

Pakistan Tanker Shalamar Exits Hormuz Blockade: What It Means for US Control and Global Oil

Thefoxdaily News Desk

In a development that could reshape perceptions of control in one of the world’s most critical Shipping lanes, a...

Plane

Jet Fuel Shortage Crisis: Iran War Threatens Flights Across Europe in Weeks

Thefoxdaily News Desk

Europe could face a severe jet Fuel Shortage within the next six weeks due to ongoing disruptions caused by...

Pakistan

Pakistan Energy Crisis Deepens: Power Cuts, Rising Gas Prices Spark Protests

Ashish kumar

Pakistan is grappling with a deepening Energy Crisis marked by long electricity outages, surging gas prices, and growing public...

Trump's blockade punishes not just Iran, but rest of the world.

Donald Trump Hormuz Blockade: Is the US Expanding the Iran War Globally?

Ashish kumar

In a dramatic escalation following failed Peace Talks with Iran, US President Donald Trump has ordered a naval blockade...

Iran envoy says Indian ships didn't have to pay Hormuz toll: Ask your government

Iran Denies Hormuz Toll Charges on Indian Ships, Reaffirms Strong India Ties

Thefoxdaily News Desk

Amid rising geopolitical tensions in West Asia, Iran has firmly denied claims that Indian ships were charged tolls for...

The proposed move, he said, is part of a broader strategy to deter external backing for Tehran and increase economic pressure on nations seen as fuelling the conflict.

China Warns US Over Strait of Hormuz Blockade, Global Oil Supply at Risk

Thefoxdaily News Desk

The geopolitical temperature in the Middle East rose sharply this week as China issued a stern warning to the...

Oil tankers and cargo ships line up in the Strait of Hormuz

15 Indian Vessels Stranded Near Hormuz as US Blockade Triggers Global Shipping Crisis

Ashish kumar

New Delhi/Persian Gulf: At least 15 Indian-flagged vessels remain stranded west of the Strait of Hormuz following the United...

Donald Trump says US Navy will shortly begin blockading ships trying to enter or leave Hormuz.

Trump Announces Hormuz Blockade After Failed Iran Talks, Warns Against “Illegal Tolls”

Thefoxdaily News Desk

Washington/Islamabad/Tehran: US President Donald Trump on Sunday announced that the United States would begin blockading ships attempting to enter...

Trump gives ultimatum to European allies to provide support to secure Hormuz

Trump Pressures NATO Allies to Secure Strait of Hormuz Amid Iran Ceasefire Tensions

Ashish kumar

The United States, led by President Donald Trump, has issued a clear ultimatum to its European allies: provide detailed...

Iran, US review ceasefire plan; Tehran says won't open Hormuz for temporary truce

Iran Refuses to Reopen Strait of Hormuz as US Pushes Ceasefire Plan

Ashish kumar

The United States and Iran are currently reviewing a proposed ceasefire framework aimed at reducing escalating hostilities in the...

Strait of Hormuz

Iran’s Choke Point Warfare Explained: How Hormuz Blockade Is Shaking Global Oil and US Strategy

Thefoxdaily News Desk

Iran’s blockade of the Strait of Hormuz has emerged as one of the most consequential developments in the ongoing...

Washington in March formally recognised Rodriguez as Venezuela's leader, opening the door for her government to reopen embassies and consulates in the US and regain control of Venezuela-owned companies abroad.

US Lifts Sanctions on Delcy Rodríguez: A Strategic Reset in Venezuela Policy and Global Oil Politics

Thefoxdaily News Desk

The United States has officially lifted Sanctions on Venezuela’s interim President Delcy Rodríguez, marking a major turning point in...

Attacks on energy sites in Gulf

Iran War Enters Energy Phase: Global Oil and Gas Supply Routes Under Attack

Thefoxdaily News Desk

The ongoing Iran war has entered a new and decisive phase—an energy war. What began as a conflict centered...