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HORMUZ WATERWAY TAXES
5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Petrol, Diesel prices today June 13: Check latest fuel rates in Delhi, Mumbai, Bengaluru, and other citiesFuel prices remained steady across major Indian cities on June 13, offering consumers a brief respite after recent hikes. Oil companies mai...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
LPG cylinder prices today: How much does domestic and commercial gas cost in Delhi, Mumbai, Bengaluru, Kolkata on May 21?LPG gas cylinder prices today: Domestic LPG cylinder prices remain stable across major Indian cities, offering relief to households despite...
India's cooking fuel shortage is driving up California's gas pricesIndia's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts Cal...
India moves to buffer economy against Iran war falloutIndia is taking urgent steps to protect its economy. Fuel prices have risen. Gold imports are restricted. Local government staff in Delhi a...
Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
US fires on and disables 2 more Iranian tankers as tensions rise in the Strait of HormuzU.S. forces disabled two Iranian oil tankers after exchanging fire in the Strait of Hormuz, while the UAE reported an Iranian missile and d...
US military says it intercepted Iranian attacks on 3 Navy ships in Strait of HormuzUS-Iran war news: US forces intercepted Iranian attacks on Navy ships in the Strait of Hormuz. The US military responded by targeting Irani...
Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with USIran has formed a new government agency to control passage through the Strait of Hormuz. This move raises concerns for international shippi...
For foreign workers in Mideast, risk from Iran war collides with economic strain at homeA missile strike in the Mideast killed Mohammad Abdullah Al Mamun, a Bangladeshi migrant worker, highlighting the perilous situation for mi...
Gold heads for weekly loss amid oil-driven inflation concernsGold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expect...
Iran considers levying transit fees on ships in Hormuz Strait, lawmaker saysUS-Israel Iran War: Iran is contemplating charging transit fees for ships passing through the Strait of Hormuz. This move could allow Tehra...
'Try anything cute and it's the end of that country': Trump threatens Iran over Strait of HormuzPresident Donald Trump issued a pointed warning to Iran about the strategic Strait of Hormuz, emphasizing that any threats to this critical...
Vietnam mulls removing fuel duties as Mideast war hits suppliesVietnam is considering eliminating fuel import tariffs to combat soaring prices, driven by the US-Israeli conflict with Iran disrupting glo...