UAE OIL PIPELINE
US Iran war: UAE plans third crude oil pipeline to avoid Strait of Hormuz
The United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeline would connect the western coast of the UAE to the port of Fujairah on the eastern side. Abu Dhabi National Oil Co. is considering this initiative to bolster its oil supply capabilities. The pipeline could also be utilized by third parties, increasing overall efficiency.
BLS Polymers shares rally 6% after strong stock market debut
BLS Polymers shares extended their strong debut gains, rising nearly 6% on Wednesday after listing at a 65% premium to the IPO price. The issue received 241 times subscription, while the company reported higher income and profit in FY26.
Stellar Start! BLS Polymers shares list at 65% premium over IPO price
BLS Polymers' Rs 255-crore IPO received 241 times subscription, with strong demand across investor categories. Ahead of its November 3 listing, the issue commanded a 45% grey market premium, indicating expectations of strong listing gains.
All hands on the deck: Next few months, govt faces a test of political will to take hard economic calls
India is likely to face a host of economic and political pressures due to upcoming elections and external geopolitical factors. Balancing relationships with Iran, the UAE, Saudi Arabia and Israel will be crucial for India's energy security. Political and economic manoeuvres may become necessary to address rising crude oil prices and currency pressures.
BLS Polymers IPO allotment likely today; GMP hints at 45% listing gain. Here's how to check status
The shares are scheduled to list on the BSE and NSE on November 3, 2026. A grey market premium (GMP) of Rs 68 suggests potential listing gains of about 45%, although this is not guaranteed. The company plans to use the proceeds for manufacturing expansion, working capital, and general corporate purposes.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
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BLS Polymers IPO Day 3: Issue subscribed 42.47 times with GMP at 34%. Check key details
BLS Polymers IPO was subscribed 42.47 times by 10:05 am on Day 3, led by strong NII demand. The issue carries a grey market premium of 34%, while the company reported higher income and profit in FY26.
Adnoc tells clients new Hormuz bypass pipe to start early 2027
Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the strategic and vulnerable Strait of Hormuz, enhancing oil delivery security. Adnoc plans to initiate some supplies from Upper Zakum crude to customers at Fujairah terminal early next year. This move follows the UAE's decision to leave the Organization of Petroleum Exporting Countries, allowing for more production flexibility.
BLS Polymers IPO opens today; GMP signals 27% listing gain. Check key details
BLS Polymers’ Rs 255-crore IPO opened for subscription on October 27 and will close on October 29. The issue, priced at Rs 142–150 per share, commanded a 27% grey market premium. The company plans to use the proceeds for manufacturing expansion, working capital and general corporate purposes.
Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its bite
India is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pending, India prioritizes solid assurances to protect its interests. Indian exports to the US have increased notably, contributing to a reduced trade deficit recently. Additionally, India seeks to maintain stable energy supplies amid fluctuating global oil dynamics.
The next Iran war could be bigger, wider and harder to contain
Iran is actively preparing for potential military engagements that could provoke a major regional conflict. The escalation of Houthi attacks on Saudi territory complicates the situation for US allies in the Gulf. American military assets are being deployed in the region, anticipating possible Iranian reprisals. The interplay between ongoing conflicts could threaten critical infrastructure and international shipping lanes.
Crude oil crisis in Hormuz: Much more than just price and quantity
The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability has seemingly increased, a logistics premium affects shipping costs and insurance. This situation has led to heightened risks, causing delays in transit times and increased tanker requirements. Diesel shortages are also rising, with prices escalating significantly as supply chains are disrupted.
Brent commands a war premium as Middle East supply risks keep oil on edge
Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For India, prolonged price strength, higher shipping costs and a stronger US dollar could raise the oil import bill and intensify pressure on domestic fuel prices.
From just-in-time to just-in-case: oil executives say world needs more export routes
The ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alternative pipeline avenues to avoid conflict-affected areas. Chevron is in discussions with Iraq's government for potential oilfield access and new pipeline initiatives.
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyers
Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional methods remain risky, alternate routes are being utilized to ensure continuous oil movement. Oil producers are adjusting strategies, relying on pipelines and offshore transfers to circumvent dangerous waters. The shipping process has become more expensive due to increased insurance and higher freight rates.
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oil
It started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. Three years after October 7, the Middle East’s fault lines have cracked open far beyond where the first shots were fired.
Global Market: Gulf oil flows rebound to 81% of pre-war levels in September
Gulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude and condensate shipments reached 91% of pre-war levels, while refined fuel exports remained weaker. Volatile daily flows, however, raise questions over the sustainability of the recovery.
India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks
India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiners more access to Middle Eastern crude amid pressure to diversify from Russian oil.
From Hormuz to Saudi to US sanctions, world feels the oil heat
The war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline closures, forcing alternative routes for exports. Meanwhile, India's oil imports have significantly increased in response to evolving market conditions. The potential of expanded sanctions further complicates India's energy security as it navigates foreign relations. A diplomatic solution between the US and Iran is essential to stabilize oil markets.
Natural gas defies energy shock as strong supply keeps prices in check
Despite crude oil volatility from West Asian geopolitical tensions, natural gas prices remain contained around $2.50-$3.50/MMBtu. Record US production of 110.6 Bcf/d, strong non-Gulf LNG output, and weak Asian demand have offset Strait of Hormuz supply disruptions, maintaining a mild bearish bias for Henry Hub.
Allies unite behind Saudi Arabia as Houthis step up attacks
Saudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis, while Tehran sought to distance itself from the
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting
Iran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf producers adapted quickly by utilizing alternative pipeline routes and increasing their oil exports. These adjustments helped stabilize oil prices around $100 per barrel despite the ongoing conflict. While the workarounds have been effective, they are costly and not sustainable long-term.
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: Report
The United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strait of Hormuz for oil and gas transport. Several Middle Eastern nations are discussing this partnership for allied trust and construction. The plan follows disruptions caused by the Iran conflict impacting regional energy supplies. Rebuilding efforts will focus on creating secure alternative energy routes bypassing the strait.
Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockade
Sea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from West Asia and Russia due to these maritime blockades. Diplomacy with Iran may be necessary for crucial oil shipments through the Hormuz Strait. Longer shipping routes and increased insurance costs add to India's energy expenses. These ongoing disruptions delay oil restocking and production normalization globally.
Hormuz shuttles keep oil flowing, but at a high cost
Middle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions from the Iran conflict and risks around the Strait of Hormuz.
India needs multi-route energy strategy as West Asia tensions threaten supplies: Experts
Growing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas suppliers. Expanding storage and port infrastructure is also crucial for national energy security. Alternative routes and logistical options are needed to maintain supplies during crises. India must build resilience through reserves and flexible refining capacity.
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?
Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pipeline. Prolonged outages could tighten global supplies, raise prices and increase risks for oil-importing economies such as India, while a sustained disruption could push Brent towards $115-$125 a barrel.
EIL sees prospect as Saudi, UAE plan to expand pipeline, storage
The near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to develop alternative export routes.
Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executives
Indian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complicating the market situation. Saudi and UAE supplies were disrupted, while global inventories are depleted. Finding replacement barrels and vessels presents a significant logistical hurdle. This situation could lead to sharp increases in global oil prices.
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