Strait of Hormuz
- Middle East
Oil prices surge as Trump considers action against Iran
Oil prices climbed sharply on Monday, May 18, as US President Donald Trump weighed possible military action against Iran amid deepening tensions across the Gulf region and continued uncertainty over the Strait…
- Middle East
Trump says ‘clock is ticking’ for Iran
US President Donald Trump warned Iran on Sunday, May 17, that time was running out for its leadership to act amid escalating tensions in the region. “For Iran, the Clock is Ticking,…
- Middle East
Israel prepares for Iran escalation as strikes on Lebanon continue despite truce
Israel has intensified military preparations against Iran while continuing strikes in Lebanon despite an extended ceasefire with Hezbollah on Sunday, May 17, fuelling fears of a wider regional conflict. Israeli Minister Ze’ev…
- World
At UN, India flags concerns over targeting of vessels in Strait of Hormuz
United Nations: Targeting commercial shipping, endangering civilian crew and impeding freedom of navigation in the Strait of Hormuz is “unacceptable”, India’s Permanent Representative to the UN Parvathaneni Harish has said. Harish’s remarks…
- Middle East
Trump warns Iran of ‘very bad time’ if no peace deal is reached
On the 79th day of the US-Israeli war on Iran on Sunday, May 17, US President Donald Trump warned that Iran would face a “very bad time” if a peace agreement was…
- Middle East
Iran to regulate Strait of Hormuz traffic with new fee system
Iran is preparing to introduce a new mechanism to regulate maritime traffic through the Strait of Hormuz, according to senior Iranian lawmaker Ebrahim Azizi on Saturday, May 16. Azizi said the system…
- World
Trump, Xi conclude ‘very successful’ talks but no deals announced
Beijing: Chinese President Xi Jinping and his US counterpart Donald Trump on Friday, May 15, hailed their talks as “historic” and “landmark”, as the American leader wrapped up his three-day visit on…
- Business
Gold futures inches up as investors track Trump-Xi talks
New Delhi: Gold prices rose marginally by 0.21 per cent in futures trade on Thursday, May 14, as traders tracked ongoing talks between US President Donald Trump and his Chinese counterpart Xi…
- 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”.…
