Strait of Hormuz
- Business
Gulf states weigh pulling investments from US, as war impacts budget: Report
The sovereign wealth funds and investment pledges of Gulf allies to Washington have come under doubt after the US and Israel began a war on Iran. According to a report in the Financial…
- India
India seeks US cover for Middle East energy cargoes: Source
New Delhi: India is tapping the United States to secure marine cover for vessels to ferry oil from the Middle East as it looks for continuity in energy supplies beyond its current…
- India
West Asia turmoil drags stock markets, Sensex tumbles 1,123 points
Mumbai: Benchmark stock indices Sensex and Nifty closed more than 1 per cent lower on Wednesday, March 4, in tandem with a weak trend in Asian markets as the conflict in West…
- Telangana
Need not worry about petroleum products: Minister Kishan Reddy amid Iran crisis
Hyderabad: Union Coal and Mines Minister G Kishan Reddy on Tuesday, March 3, said citizens need not worry about availability of petroleum products in the country due to the ongoing armed conflict…
- Middle East
What is Strait of Hormuz and why does its closure matter to global economy?
Kingston (Canada): The joint attack launched by the United States and Israel on Iran began on February 27 and has sparked a fast-moving conflict that could expand across the Middle East. Iran’s…
- Middle East
Iran war disrupts global cargo supply chains beyond oil
New York: The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it’s also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals…
- India
No ship movement in Strait of Hormuz skyrockets oil prices
Frankfurt: Oil prices rose sharply on Monday, March 2, as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how US and Israeli attacks on Iran would affect…
- Business
Oil could top USD 100 as Strait of Hormuz closure halts flows
New Delhi: Oil prices could exceed USD 100 per barrel if tanker traffic through the Strait of Hormuz is not swiftly restored, as the waterway’s closure threatens to disrupt 15 per cent…
- Business
India sees no immediate oil supply disruption despite Gulf tensions
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures…
- World
Iran halting Strait of Hormuz traffic might trigger global oil market turmoil
Amid the military strike launched by the United States and Israel on Iran on Saturday, February 28, an official from the European Union’s naval mission Aspides said that vessels received VHF transmission…
- Middle East
Iran temporarily closes Strait Of Hormuz amid US nuclear talks
Tehran: Iran announced the temporary closure of the Strait of Hormuz on Tuesday for live fire military drills in a rare show of force as its negotiators held another round of indirect…
- Middle East
Iran port explosion kills one as Hormuz drill looms
Dubai: An explosion tore through an apartment building Saturday, January 31, in Iran’s port city of Bandar Abbas, killing a 4-year-old girl as local media footage purportedly showed a security force member…
- Middle East
As Iran–US tensions soar, Strait of Hormuz caught in the middle
Dubai: The Strait of Hormuz, the narrow mouth of the Persian Gulf, again has become a focus of tensions as Iran prepares to launch a military drill that could see fire into…
- News
Blocking of Strait of Hormuz will impact India’s energy procurement: Experts
New Delhi: Any blocking or disruption of traffic through the Strait of Hormuz — a narrow passage connecting the Persian Gulf to the Arabian Sea — will have significant global and regional…
- Middle East
Iran bans all Israel-linked ships from Strait of Hormuz
Tehran: The government of Islamic Republic of Iran has imposed a ban on all vessels associated with the “Zionist regime” from operating in the Strait of Hormuz between the Persian Gulf and…
