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India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...- Strait of Hormuz is reopening after this Sunday? Donald Trump shares major update on US-Iran dealIran has insisted it will maintain control over the Strait of Hormuz, a key maritime trade route for oil and gas shipments from the Gulf.
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
- Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...
- TMC crisis deepens as Mamata loyalists attend BJP-led review meetingTMC leaders attended Chief Minister Suvendu Adhikari's administrative meeting. This happened amid the opposition party's internal revolt. R...
- Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.
- US adds Persian Gulf Strait Authority to sanctions list, Treasury website showsThe US has imposed new Iran sanctions, targeting the Persian Gulf Strait Authority, responsible for managing passage through the vital Stra...
- India medical tourism market feels the weight of Iran warIndia's medical tourism sector faces challenges as West Asian tensions continue. Overseas patient numbers remain lower than before the conf...
- HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hikeOil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on c...
- Two pacts to boost India’s LPG supplies & strategic reserves during PM Modi's visit to UAEIndia and the UAE are likely to sign two MoUs on Friday focused on LPG supplies and strategic petroleum reserves during Prime Minister Nare...
- Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
- US, Iran no closer to ending war as Qatari tanker sails toward Strait of HormuzThe Strait of Hormuz is calm after recent clashes. The United States awaits Iran's response to peace proposals. Meanwhile, the US has expan...
- 20,000 Indian seafarers caught in Gulf tensions; Mariners' body raises alarmMore than 20,000 Indian seafarers in the Gulf and Strait of Hormuz are facing growing risks amid escalating regional tensions, prompting th...
- US fire on Iran tankers sparks reprisals as deal hangs in balanceIran doubts US sincerity in diplomacy following recent naval clashes in the Gulf. Tehran has not yet responded to Washington's latest peace...
- India says attacks on commercial ships in Strait of Hormuz are 'deplorable'India's UN envoy condemned attacks on commercial ships in the Strait of Hormuz. She stressed the importance of freedom of navigation and gl...
- Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
- Trump’s art of the deal collides with Iran’s patient diplomacyFresh US–Iran talks to end a two-month conflict face deep mistrust, hardened positions and starkly different negotiating styles, raising do...
- US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oilThe Trump administration has imposed economic sanctions on a major Chinese oil refinery and dozens of shipping companies for their involvem...
- US-Iran war: 'Don't want to rush' Trump says, as Tehran peace negotiations drag onPresident Donald Trump says the United States is not rushing to resolve the conflict with Iran. He described Iran's leadership as being in ...
- Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from oneAmerica's Treasury Secretary Scott Bessent revealed that Gulf and Asian nations seek currency swap lines from the US. These requests aim to...
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