Two India-bound LPG Tankers Crossing Strait of Hormuz Out of Gulf

An oil tanker crossing the Strait of Hormuz (Reuters)
An oil tanker crossing the Strait of Hormuz (Reuters)
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Two India-bound LPG Tankers Crossing Strait of Hormuz Out of Gulf

An oil tanker crossing the Strait of Hormuz (Reuters)
An oil tanker crossing the Strait of Hormuz (Reuters)

Two liquefied petroleum gas tankers, BW Elm and BW Tyr, are crossing the Strait of Hormuz bound for India, according to ship tracking data from LSEG and Kpler.

The US-Israeli war against Iran has all but halted shipping through the strait, but Iran said this week that "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities.

The two India-flagged vessels have ⁠crossed the Gulf ⁠area and are in the eastern Strait of Hormuz, the data showed, according to Reuters.

India is gradually moving its stranded LPG cargoes out from the strait, with four LPG tankers moved so far - Shivalik, Nanda Devi, ⁠Pine Gas, and Jag Vasant.

As of Friday, 20 Indian-flagged ships including five LPG carriers were stranded in the Gulf, Rajesh Kumar Sinha, special secretary in the federal shipping ministry, said.

LPG carriers Jag Vikram, Green Asha and Green Sanvi are still in the western Strait of Hormuz, LSEG data show.

India, the world's second-largest LPG importer, is ⁠battling its ⁠worst gas crisis in decades, with the government cutting supplies for industries to shield households from any shortage of cooking gas.

The country consumed 33.15 million metric tons of LPG, or cooking gas, last year, with imports accounting for about 60% of demand. About 90% of those imports came from the Middle East.

India is also loading LPG onto its empty vessels stranded in the Gulf.



Container Ship Arrives in UK After Voyage from China via Arctic

The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
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Container Ship Arrives in UK After Voyage from China via Arctic

The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)

A ‌container ship arrived in Britain on Wednesday after a landmark voyage from China via the Arctic, as part of plans for more vessels to use the route as a shorter and potentially safer alternative to the Suez Canal.

The Dubai ‌Tower arrived ‌at Teesport off England's ‌northeast coast ⁠after leaving eastern ⁠China on August 15.

The Arctic voyage, which is significantly quicker compared to freighters going through the Suez Canal or around the Cape of Good ⁠Hope, is intended to ‌be the ‌start of a regular container service ‌to Europe via the so-called ‌North Sea Route.

A South Korean container ship is also currently making a similar voyage, joining China and ‌Russia in having shipping firms testing cargo services along ⁠the ⁠route, which is more feasible due to faster melting of Arctic sea ice.

The route offers shorter journeys and avoids security risks in the Middle East, as the US war with Iran continues. But weather and sailing conditions can be unpredictable and its commercial feasibility is uncertain.


Riyadh Ranked Among Top 100 Global Innovation Clusters

A view of Riyadh, Saudi Arabia. (SPA)
A view of Riyadh, Saudi Arabia. (SPA)
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Riyadh Ranked Among Top 100 Global Innovation Clusters

A view of Riyadh, Saudi Arabia. (SPA)
A view of Riyadh, Saudi Arabia. (SPA)

The Global Innovation Index has ranked Riyadh among the top 100 innovation clusters worldwide for 2026, making it the only Gulf city to attain this classification.

Riyadh placed 92nd globally, with key metrics including 419 venture capital deals in innovation and 162 international patent applications filed.

The report highlighted the main entities contributing to the capital's position in research and innovation. In research, King Saud University, Princess Nourah bint Abdulrahman University, and Prince Sultan University led the efforts, while SABIC and Aramco spearheaded innovation contributions.

The ranking reflects the Kingdom's integrated research and innovation ecosystem, supporting researchers and innovators in line with Saudi Vision 2030.


Türkiye to Start Oil-Targeted Drilling in Western Black Sea Soon, Minister Says

Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
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Türkiye to Start Oil-Targeted Drilling in Western Black Sea Soon, Minister Says

Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)

Türkiye will soon begin drilling a challenging oil-targeted well in the western Black Sea, Energy Minister Alparslan Bayraktar said ‌on Wednesday.

"We ‌will soon ‌begin ⁠drilling an oil-targeted ⁠well in the western Black Sea. It will be a difficult ⁠drilling operation and will ‌take ‌some time," ‌Bayraktar told broadcaster ‌CNBC-e.

Türkiye has previously said it plans six exploration ‌wells across the western, central and eastern ⁠Black ⁠Sea in 2026 as it seeks new oil and natural gas discoveries.