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HORMUZ MARITIME RISKS
Seafarers attacked in the Strait of Hormuz sue shipping company in ThailandThree former Thai sailors filed a lawsuit against their shipping operator for labor rights violations. They allege unfair dismissal and ina...
Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
Trump invokes 'retribution' to justify US strikes on Iran; warns Tehran 'much worse' yet to comePresident Trump defended recent US military strikes against Iran. These actions were a direct response to Iran's reported bombing of commer...
Are US-Iran headed back to war? What next after Trump's new threatsTrump's comments have intensified the US-Iran crisis with new threats. He is now considering attacks on Iran's power and water infrastructu...
Damaged Qatari LNG tanker awaits salvage after strike as Hormuz risks escalateA Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...
Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...
Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...
Indian refiner MRPL cancels Middle East vessel charter: ReportIndia's Mangalore Refinery and Petrochemicals has cancelled a vessel charter for crude oil. The company cited technical reasons for not pro...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
US resumes strikes on Iran with over 80 targets hit; revokes oil waiverUnited States forces launched strikes targeting over eighty Iranian military sites. These actions followed attacks on three commercial vess...
LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
One attack, one warning: The world's energy lifeline is still vulnerableAn attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...
Tankers make U-turns in Hormuz, with some taking Iran route insteadTensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran'...
European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures: Iranian MediaIran's Revolutionary Guard Navy has issued a stern warning to vessels transiting the Strait of Hormuz, insisting on the use of only Iran-ap...