Strait of Hormuz
- News
Wholesale price inflation rises to 8.3 pc in April
New Delhi: Wholesale price inflation shot up to 8.30 per cent in April, from 3.88 per cent in March, led by a sharp spike in prices of fuel, power and crude petroleum.…
- World
Japan snack giant drops colors as war in Iran hits ink supply
Tokyo: The packaging on some snacks in Japan is turning a sombre black-and-white, as the war in Iran disrupts the supply of an ingredient used in colored ink. Tokyo-based Calbee Inc., which…
- Middle East
Cost of the US war on Iran climbs to USD 29 billion: Pentagon
The Pentagon’s top budget official told Congress the Defence Department now believes the cost of Operation Epic Fury is “closer to USD 29 (billion).” Jules Hurst, the Pentagon comptroller, told Congress in…
- Middle East
US making unreasonable demands: Iran as Trump rejects Tehran’s reponse
Iran’s Foreign Ministry spokesperson, Esmail Baghaei, on Monday, May 11, said the United States continues to make “unreasonable demands” and added that Tehran’s response to Trump’s proposal was “not excessive.” Addressing the…
- India
India’s growth to slow to 6.7 pc on waning momentum, oil price shock: BMI
New Delhi: India’s economic growth is likely to decelerate to 6.7 per cent in the current fiscal, from 7.7 per cent in 2025-26, with the GDP expansion expected to slow significantly due…
- Middle East
Saudi: Aramco sees 25 pc more profit after shifting exports from Hormuz
Aramco, the world’s largest oil company, said on Sunday, May 10, its first quarter profit jumped 25 per cent as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based…
- Middle East
Iran warns Bahrain, others over Hormuz access ‘forever’
Iran has warned Bahrain and other regional governments against backing a US-supported resolution concerning the Strait of Hormuz, threatening “severe consequences” and warning they could lose access to the strategic waterway “forever”.…
- Middle East
Israel to release Global Sumud Flotilla activists Saif, Thiago
Saif Abukeshek and Thiago Ávila are to be released from Israeli detention, the Global Sumud Flotilla said on Saturday, May 9, adding that they are awaiting more details. “We welcome the news…
- Middle East
US disables two Iranian oil tankers trying to break Hormuz blockade
The United States said it disabled two Iranian-flagged oil tankers in the Gulf of Oman on Friday, May 8, intensifying maritime tensions in the region even as Washington and Tehran continue indirect…
- Business
Rupee falls 45 paise to 94.67 against US dollar in early trade
Mumbai: The rupee depreciated 45 paise to 94.67 against the US dollar in early trade on Friday, as Brent crude prices rose back to USD 101.00 per barrel after US and Iranian…
- Middle East
Iran accuses US of ceasefire breach after Hormuz exchange of fire
Iran accused the United States of violating a fragile ceasefire after Washington and Iranian forces exchanged fire in and around the Strait of Hormuz, intensifying tensions across the Gulf and raising fears…
- World
Hopes for reopening Strait of Hormuz push Asian shares higher
Hong Kong: Asian shares jumped on Thursday, May 7, with Tokyo’s Nikkei 225 gaining 5.7 per cent to a record intraday high as investors waited to see if the US and Iran…
- Middle East
Trump says Hormuz operation paused as Iran deal talks advance
With the US-Israeli war on Iran entering its 68th day on Wednesday, May 6, President Donald Trump announced a halt to a US military operation in the Strait of Hormuz to allow…
- Middle East
US military leaders say ceasefire with Iran holding despite attacks in Strait of Hormuz
Dubai: US military leaders said Tuesday that a ceasefire with Iran remains in effect a day after Tehran was blamed for new attacks in the Strait of Hormuz and against the United…
- Business
Stock markets drop in early trade on renewed geopolitical concerns
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday, May 5, amid fresh tensions in the Strait of Hormuz region. The rupee falling to all-time low of 95.40…
