Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...
22 Jun, 2026, 12.19 AM IST
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...
21 Jun, 2026, 11.07 PM IST
India hopes US-Iran peace deal will lead to sustained peace in West AsiaIndia welcomed the US-Iran peace deal on Thursday. Foreign Secretary Vikram Misri stated that New Delhi remains in close contact with West ...
19 Jun, 2026, 12.31 PM IST
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
19 Jun, 2026, 11.09 AM IST
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
19 Jun, 2026, 07.39 AM IST
Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
18 Jun, 2026, 10.51 AM IST
Indian Embassy in Oman confirms repatriation nationals killed in MT Settebello attackMortal remains of two Indian nationals killed in US strikes on vessel MT Settebello have been repatriated to India. India strongly proteste...
17 Jun, 2026, 11.57 AM IST
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
16 Jun, 2026, 10.47 PM IST
From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
16 Jun, 2026, 09.58 PM IST
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
16 Jun, 2026, 03.00 PM IST
US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
16 Jun, 2026, 10.19 AM IST
Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...
16 Jun, 2026, 01.17 AM IST
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
15 Jun, 2026, 09.08 PM IST
Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4....
15 Jun, 2026, 09.56 AM IST
Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
15 Jun, 2026, 01.03 AM IST
'Must stop': India summons US envoy again after fresh strike on ship with Indian crewIndia has summoned the US Charge d'Affaires following attacks on merchant vessels carrying Indian sailors near Oman. Three Indian sailors h...
12 Jun, 2026, 07.13 PM IST
Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
12 Jun, 2026, 07.19 AM IST