All news stories and reports tagged with #Strait of Hormuz.
A combination of rising crude oil prices and renewed Iran-US tensions is expected to keep Indian equities on tenterhooks in the coming sessions. After a week in which Brent crude gained 7.84 percent...
Prime Minister Narendra Modi touched down in Abu Dhabi, igniting a flurry of deals that propel India-UAE relations into a golden era. Friday’s announcements included UAE’s $5 billion pledge for...
The Centre breathed a sigh of relief as two LPG-laden ships destined for India made it through the Strait of Hormuz unscathed, the government revealed Thursday. With arrivals imminent, this news...
Tensions between the US and Iran have cast a long shadow over global agriculture, with former World Bank President David Malpass now pointing fingers at China for hoarding fertilizers and food amid...
A potential US-Iran handshake over Gulf de-escalation rocked energy markets, driving oil prices down as much as 10% in dramatic fashion. Fears of prolonged Hormuz chokepoints eased on news of...
In a market gripped by Middle East uncertainties, gold and silver showed little movement Tuesday, trading within narrow limits with slight losses on India's MCX platform. By 9:50 AM, the June 2026...
Fresh US-Iran hostilities triggered a cautious start for Indian stock markets on Tuesday, with banking shares spearheading a broad-based decline. The Sensex opened 165.65 points weaker at 77,103.72...
Precious metals markets in Mumbai kicked off the week on a bearish note, with gold and silver opening lower on MCX amid persistent US-Iran discord over the Hormuz Strait. This counterintuitive slide...
Reflecting global ambivalence, India's stock benchmarks opened sharply lower on Thursday, with consumer stocks driving the decline. Sensex shed 625 points or 0.80% to 77,891 by 9:21 AM, as Nifty...
Amid swirling uncertainties in the Middle East, Indian stock markets surrendered gains on Wednesday, capping the session with significant losses. BSE Sensex closed 756.84 points lower at 78,516.49,...
Monday's oil price explosion—Brent at $96 (up 6.3%) and WTI at $88.3 (up 7%)—stems directly from U.S. forces' dramatic takeover of an Iranian vessel in the Gulf of Oman. The action, aimed at...
South Korea's President Lee Jae-myung is prioritizing maritime security in his talks with Indian leadership. In an interview published Monday by the Times of India, ahead of his summit with Prime...
As US-Iran hostilities intensify, India's benchmark indices began trading flat on Monday. Around 9:17 AM, Sensex declined 0.17% or 137.14 points to 78,356.40, with Nifty mirroring the caution at...
Sunday's high-level huddle under Prime Minister Narendra Modi dissected the pulse of India's petroleum, crude oil, gas, power, and fertilizer landscape. Triggered by West Asia's volatility, the talks...
Amid swirling Middle East unrest, Prime Minister Narendra Modi will preside over a pivotal Sunday evening summit. On the table: a thorough audit of petroleum stocks, crude oil dynamics, power...
Good tidings for Indian drivers: regular petrol prices hold firm, untouched by the global crude rally. Only the premium category—barely 3-4% of volume—saw a Rs 2+ per litre uptick, courtesy of oil...
Capitol Hill is erupting in protest against a colossal $200 billion war funding proposal linked to Iran flare-ups, as Republicans and Democrats alike probe the White House's opaque plans. The request...
The Middle East's fiery clashes are throttling China's trade lifelines, turning export warehouses into vast holding pens. In Yiwu, the self-proclaimed supermarket of the world, goods bound for U.S....
India's energy supply received a timely lift as the Nanda Devi, an Indian LPG carrier, berthed at Vadinar port in Gujarat on Tuesday at about 11:25 AM. This follows closely on Shivalik's heels, which...
The Indian government announced a sigh of relief Saturday: Shivalik and Nanda Devi, two LPG-laden tankers totaling 92,700 metric tons, have traversed the high-stakes Strait of Hormuz and are en route...
The Petroleum Ministry is pouring cold water on LPG shortage scares sweeping the country. Crowds at booking counters don't signal crisis; they're symptoms of jitters over international flashpoints,...
Amid swirling rumors of fuel crunch, Minister Hardeep Singh Puri delivered a clear message from Parliament: India's energy cupboard is full, with crude reserves exceeding Hormuz norms. Crediting PM...
Monday's Indian stock open turned nightmarish as US-Iran tensions boiled over, propelling crude prices up 21% and battering Sensex and Nifty by more than 3%. Flight to safety dominated, with oil...
India is urgently expanding crude oil sourcing from America, Russia, and West Africa in light of intensifying Middle East strife threatening the Hormuz Strait. This diversification effort aims to...
Geopolitical headwinds in the Middle East are testing India's trade resilience, but the Centre is responding decisively. New guidelines from CBIC make it easier to re-import cargo stranded due to...
In a chilling forecast, Qatar Energy Minister Saad al-Kaabi warns that Middle East conflict endurance could unleash force majeure on Gulf oil giants, stalling exports and rocketing crude to $150 per...
Global energy nerves are frayed by the Iran war's ripple effects on shipping and supplies, yet India projects calm assurance. Vast reserves of crude, petroleum products, and LPG position the country...
India's energy fortress holds firm against the Iran-fueled storm in Middle East oil lanes. Ample crude, fuels, and LPG reserves provide a safety net, with government affirming no disruptions loom....
Wednesday's DBS Bank report paints a stark picture: Surging Middle East tensions from US, Israel, and Iran clashes will propel gold, dollars, and yen higher as premier safe havens. Investors are...
War drums beat louder in the Middle East: U.S. and Israel hammer Iran, drawing back drone and missile fire on Israel plus U.S. sites in Bahrain, Kuwait, Qatar. The Strait of Hormuz emerges center...
The raging Israel-US-Iran showdown has electrified the Gulf, imperiling crude exports from this oil-rich theater. Analysts cautioned Sunday that extra-regional sources can't fill voids from Gulf...
Prime Minister Narendra Modi's proactive push for energy thrift amid worldwide supply disruptions has been warmly embraced by NDA stalwarts. The appeal targets everyday choices: fewer discretionary...
Prime Minister Narendra Modi marked Eid with a personal phone call to Qatar's Amir, Sheikh Tamim bin Hamad Al Thani, offering warm greetings to him and the Qatari people. This diplomatic touchpoint...
West Asia's brewing storm jeopardizes energy security, leading the Indian Navy to amplify warship numbers near the Gulf of Oman. Focus remains on escorting Indian-flagged tankers via the tense Strait...
India's blue-water Navy demonstrates ironclad resolve, escorting yet another Indian-flagged ship—Jag Ladki—from the tense Strait of Hormuz. This ongoing success story bolsters confidence in...
India's fuel supply network demonstrates resilience with commercial LPG deliveries resuming for industries nationwide. Officials quelled retail shortage fears, affirming full availability at...
Indian shipping has triumphed over uncertainty, with vessels now freely transiting the Strait of Hormuz thanks to Iran's nod. From Rajkot, news on March 14 reveals a diplomatic coup attributed to PM...
Amid Middle East mayhem, India's Nanda Devi LPG tanker slips through the Strait of Hormuz with Iranian nod, joining Shivalik in a double triumph for energy security. Naval protection ferries Shivalik...
India dodged a bullet in the ongoing Middle East flare-up as the Shivalik, an LPG-laden ship, crossed the Strait of Hormuz without incident on Friday night—day 15 of US-Israel-Iran hostilities. Bihar...
Bihar JD(U) MLA Hari Narayan Singh flags the US-Israel-Iran conflict's spillover, now burdening 10 nations and stirring international dread. From Patna, his remarks underscore the peril of unchecked...
Fears of an energy crunch in India amid world oil jitters have been officially shot down. Authorities disclosed stockpiles topping 250 million barrels of crude oil and derivatives, securing 7-8 weeks...
Global markets are on edge as Middle East warfare threatens to choke off vital oil flows. Qatar Energy Minister Saad Al-Kaabi, in a candid Financial Times sit-down, warned that days more of strife...
Geopolitical fireworks in the Middle East haven't fazed Adani Total Gas Limited. While the Iran war disrupts LNG flows, the company holds the line on CNG for autos and PNG for homes—no price...
India's energy security hangs in the balance amid US-Israel-Iran hostilities, prompting Congress leader Rahul Gandhi to accuse Prime Minister Narendra Modi of dangerous reticence. In a viral X post,...
Geopolitical fires rage in Iran, but India's oil bunkers brim with security. Per government insiders, 25-day crude stocks align with petroleum, LPG, LNG reserves—vessels inbound adding to the tally....
Crude markets exhaled slightly Tuesday, with prices stabilizing near 1% higher levels after Monday's 10% explosion fueled by Iran conflict alarms and Strait of Hormuz supply peril. US oil futures...
A ferocious intensification of the Israel-Iran war has ignited a 7%-plus surge in global crude prices, capping a tumultuous Monday for energy traders. U.S. and Israeli strikes on Iran have unleashed...
The world watches anxiously as crude oil benchmarks edge toward $100 per barrel, driven by persistent deadlock in U.S.-Iran talks and a chokehold on the Strait of Hormuz shipping corridor. Overnight,...
Oil traders worldwide braced for impact as Iran's reimposed blockade on the Strait of Hormuz ignited a fierce rally in crude prices Monday. Brent crude blasted past $95 to $95.40—a 5.55% leap—while...
A geopolitical showdown in the Strait of Hormuz has propelled crude oil prices up 10%, breaching $100 per barrel and igniting fears of a new energy crisis. The US blockade, enacted after Iran talks...
Government sources confirmed Saturday: India's sea domains run efficiently sans port jams. Maritime boards and stakeholders engage nonstop for crew safety and trade steadiness. Strategic actions...
As Middle East tensions throttle global energy flows, the International Energy Agency (IEA) on Friday unveiled comprehensive guidelines to curb demand and stabilize markets. These range from...
Wednesday's oil market delivered a head-scratcher: prices nosedived over 3 percent despite surging global tensions. This divergence highlights how layered factors can defy conventional wisdom in...
The Iran war is rewriting energy economics, with diesel and jet fuel prices exploding faster than crude oil amid cascading supply failures. Goldman Sachs' in-depth report reveals the mechanics behind...
Tuesday's trading session saw crude oil benchmarks erupt higher, fueled by mounting supply anxieties. Brent crude advanced 2.81% to $103.03 a barrel, and WTI gained 2.80% to $95.03, capping a roughly...
Oil prices exploded past $104 per barrel on Monday, propelled by intensifying U.S.-Iran hostilities centered on the Persian Gulf. Brent crude climbed 1.59% to $104.77 by 10:25 AM, as WTI rose 1.07%...
Breaking through Middle East turbulence, Indian LPG carriers in Qatar receive Iran's guarantee for unhindered passage via the Strait of Hormuz. Hot on the heels of two successful crossings, this...
India's LNG lifeline traces perilously through the Strait of Hormuz, carrying 69% of 2025 imports—17.5 million tonnes—from key West Asian suppliers Qatar, UAE, and Oman. Elara Capital's brokerage...
Oil markets exhaled collectively Friday as prices cratered, unwinding a brutal 15% rally ignited by Israel-Iran clashes. Driving the reversal: a timely US waiver granting Indian refineries 30 days to...
Investors navigated turbulent waters in precious metals on Thursday, with gold and silver prices whipping between gains and losses against a backdrop of Middle East strife. Safe-haven rushes amid...
Oil traders hit the panic button as Middle East strife propelled crude prices above $83 per barrel, marking a brisk 2%+ gain on Thursday. At the epicenter: Iran's shutdown of the Hormuz Strait, a...
US Treasury Secretary Scott Bessent told reporters that easing shipping delays in the Gulf could spark a rapid fall in global oil prices. While acknowledging ongoing concerns about the Strait of...
A late-night Iranian missile barrage aimed at a U.S. facility in Kuwait was thwarted by Kuwaiti interceptors, according to U.S. Central Command. The attack followed American strikes on Iranian drone...
President Trump’s recent comments have placed Oman under unexpected scrutiny, after he suggested the Gulf state could face destruction if it fails to align with other nations regarding the Strait of...
The US military announced it eliminated four Iranian drones and hit a control center in southern Iran, claiming the assets endangered ships transiting the Strait of Hormuz. Officials said the...
A new report from the International Energy Agency warns that the risk of supply blockades through the Strait of Hormuz is driving a historic reset in global energy planning. The World Energy...
President Donald Trump signaled that further military action against Iran could occur if current negotiations fail to produce an acceptable outcome. The warning came after US forces launched strikes...
According to Iranian government media, an early draft agreement between Tehran and Washington could soon restore normal shipping through the Strait of Hormuz. The reported memorandum calls for...
Despite swirling rumors of an imminent ceasefire between Washington and Tehran, Iran’s elite Revolutionary Guards are projecting calm mixed with steely resolve. IRGC Navy deputy political chief...
After weeks of forensic work, South Korea is ready to present its findings on the attack that targeted the HMM Namu in the Strait of Hormuz. The vessel, sailing under the South Korean flag, was hit...
Iran’s elite Revolutionary Guard has delivered a blunt message to the United States: continued military action will be answered with strength. The warning follows recent US strikes on missile...
US Secretary of State Marco Rubio used the Quad Foreign Ministers’ Meeting in New Delhi to drive home a clear message: the time for conversation alone has passed. Joined by Indian External Affairs...
The Iranian government has issued a sharp rebuke of the United States, accusing it of violating ceasefire terms through recent strikes in the Hormuzgan region. Officials in Tehran said the attacks on...
Iranian parliamentarian Ibrahim Azizi has presented what he describes as a clear five-step plan the United States must follow before any meaningful dialogue can resume. The first step is an...
Quad nations have closed ranks against efforts to unilaterally alter the regional order through coercion, Japanese Foreign Minister Toshimitsu Motegi announced after the group’s foreign ministers’...
Following U.S. attacks on suspected mine-laying vessels and a surface-to-air missile battery near the Strait of Hormuz, Iran’s Revolutionary Guard declared it had shot down an American MQ-9 Reaper...
President Trump’s latest proposal calls for the physical elimination of Iran’s enriched uranium under the watchful eye of the International Atomic Energy Agency, either inside Iran or at an...
Marco Rubio’s latest comments reveal a conditional US offer to restart nuclear negotiations with Iran. The proposal hinges on Tehran restoring free passage through the Strait of Hormuz without delay....
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have aligned on a tough position toward Iran. During their phone discussion, both leaders stressed that any lasting deal must...
President Masoud Pezeshkian used a Sunday meeting with Iranian state media leaders to send a direct message: Tehran is prepared to demonstrate it has no plans for nuclear weapons. He accused Israel...
America’s top diplomat Marco Rubio left Indian officials and observers optimistic after indicating that a framework agreement with Iran is close. During his New Delhi visit, Rubio joined External...
Benjamin Netanyahu will chair a high-level security cabinet meeting on Sunday to scrutinize a draft agreement between Washington and Tehran that could reshape the Middle East’s conflict map. The...
US Secretary of State Marco Rubio told reporters in New Delhi that a major announcement on Iran could emerge within hours. The statement follows high-level talks with Indian counterpart S. Jaishankar...
Signs that the United States and Iran may be edging closer to an agreement have been welcomed by the heads of the European Commission and the British government. Ursula von der Leyen and Keir Starmer...
In a firm declaration, Iranian President Masoud Pezeshkian stated that any future agreement with Washington must first receive the blessing of Supreme Leader Mojtaba Khamenei. He warned that...
Iran's elite Revolutionary Guard naval forces reported successful passage of 25 vessels through the Strait of Hormuz over a 24-hour timeframe. The diverse fleet included oil tankers, container ships,...
US Secretary of State Marco Rubio has placed Pakistan at the center of diplomatic efforts concerning the Strait of Hormuz crisis. During remarks before his India visit, Rubio explained that America...
A senior Iranian member of parliament has warned that any military move against Iran in the Strait of Hormuz would lead Tehran to sever key undersea internet cables. The remarks come as diplomatic...
In a series of pointed social media messages, Russian diplomat Mikhail Ulyanov has warned that the United States and Israel may soon resume military operations against Iran. Ulyanov endorsed China’s...
Iran has revealed it will soon introduce a professional traffic-management framework in the Strait of Hormuz that charges commercial ships for enhanced services while excluding vessels associated...
Iran's top diplomat Abbas Araghchi concluded a productive visit to New Delhi, engaging in detailed talks with S. Jaishankar on pressing regional issues. He lauded the interaction as substantive and...
Seyed Abbas Araghchi, Iran's Foreign Minister, concluded his Indian visit post-BRICS talks with an optimistic outlook on bilateral relations. In a Friday media briefing in New Delhi, he stressed...
Tensions grip West Asia, but Iran's Foreign Minister Seyed Abbas Araghchi delivered reassuring words from New Delhi: the Strait of Hormuz is business as usual for neutral ships. Only vessels from...
Abu Dhabi welcomed Prime Minister Narendra Modi with full honours at the airport, marking the onset of his five-nation diplomatic outreach. Accompanied by UAE President Sheikh Mohamed bin Zayed Al...
In a dramatic close to his Beijing visit, U.S. President Donald Trump proclaimed a 'fantastic trade deal' with China's Xi Jinping on Friday, capping days of rigorous negotiations on trade, tech, and...
Tensions simmering in West Asia took center stage as Indian Foreign Minister S. Jaishankar convened with Iranian peer Seyed Abbas Araghchi on the second day of BRICS deliberations in New Delhi....
The UAE's forthright denunciation of a missile strike on an Indian-registered ship in Omani waters has set the stage for Prime Minister Narendra Modi's high-stakes visit to Abu Dhabi. Coming on the...
A high-stakes Senate hearing dissected the Trump administration's Iran campaign, where US commanders boasted of shattering 90% of Tehran's military might. Admiral Charles Cooper II faced pointed...
In a candid address, Singapore Prime Minister Lawrence Wong cautioned that West Asia's deepening conflict, centered on the Iran war, shows no signs of abating soon, with economic fallout—including...
Prime Minister Lawrence Wong of Singapore has sounded the alarm on the Strait of Hormuz blockade, likening its trajectory to the devastating 1970s oil embargo. Two months into the closure, the...