Commodities

US-Iran war news LIVE: Two oil tankers attacked in Strait of Hormuz by 'unidentified projectiles,' says UKMTO

• UKMTO said two oil tankers were struck by unidentified projectiles in the Strait of Hormuz
• The agency made the statement on Friday, local time
• Higher crude-price risk could pressure Indian oil-marketing companies and benefit upstream producers

India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

• Crude imports rose to a 2026 high of 5.26 million barrels per day in September
• Gulf supplies surged despite Strait of Hormuz risks
• Higher crude imports expose Indian refiners and fuel retailers to oil-price and currency swings

Crude oil tanker struck by unknown projectile off Oman, UKMTO says

Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count

• Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
• Business Standard says 13 cargoes came from Qatar and six from the UAE
• More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG