Sea route near Oman is expanding to facilitate more traffic through Strait of Hormuz, US Navy saysA crucial shipping lane through the Strait of Hormuz, near Oman's coast, is being expanded for both directions of traffic, according to a U...
US strikes Iran following attack on cargo ship in Strait of HormuzUS forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
US-Iran talks go into Day 2 after Trump threats, Hormuz closurePeace talks between the U.S. and Iran in Switzerland faced immediate tension as Tehran announced the closure of the Strait of Hormuz again,...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
US disputes Iranian claims about closing Strait of Hormuz as negotiators head to SwitzerlandCrucial peace discussions between the US and Iran kicked off in Switzerland, shadowed by diverging narratives surrounding the Strait of Hor...
Iranian Guards' business empire to win big if US sanctions liftedA potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revol...
Iran says it will waive fees for Hormuz during 60 day negotiation periodIran has announced a 60-day waiver on fees for ships transiting the Strait of Hormuz, following a memorandum of understanding with the Unit...
Gold price prediction: Factors behind Gold rate crash today, what to expect next week?Gold price today: Gold rate is set to become volatile in coming days as U.S. Dollar and Federal Reserve are witnessing major activities.
Gold on track for third weekly loss on firm dollar, hawkish Fed signalsGold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the...
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...