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Oil prices rose about 5% on Monday after Iran s Fars news agency reported an incident with a U.S. warship in the Strait of Hormuz, sparking concerns over a prolonged disruption in the vital oil transit route. MORE..

4 May 2026 (6:20 PM)

An explosion and fire occurred Monday on a South Korean-linked vessel at the Strait the Hormuz, according to spokesperson from the South Korean Foreign Ministry. MORE..

4 May 2026 (10:11 PM)

The United Arab Emirates on Monday accused Iran of attacking an empty crude oil tanker belonging to the Abu Dhabi state oil firm ADNOC with drones as it attempted to pass through the Strait of Hormuz. MORE..

4 May 2026 (8:29 PM)

LOCAL

4 May 2026 (10:44 PM)

Indian Prime Minister Narendra Modi and BJP National President Nitin Nabin addressed the nation to celebrate a landmark electoral performance, following the declaration of results earlier today. MORE..

4 May 2026 (9:13 PM)

Kuwaiti crude oil exports tumbled from more than one million barrels a day to zero in April, according to Iranian media, marking the �first such disruption� since the end of the Gulf War in 1991. MORE..

4 May 2026 (7:52 PM)