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IRAN SHIPPING CRISIS
Iran makes 'major concessions', agrees to long-term nuclear inspections, claims TrumpUS President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
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 ...
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Hormuz closed again: Will the US-Iran MoU soon sink in the strait?Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement ...
US-Iran war: There are many questions about the peace deal. Here are (some) answers.US-Iran deal: A new agreement between the United States and Tehran aims to end the war and reopen the vital Strait of Hormuz. Sanctions on ...
Maritime data company says stranded ships have begun transiting Strait of HormuzA new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...
Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaksA tentative deal between Iran and the U.S. will reopen the Strait of Hormuz, a vital oil passage. Iran will be allowed to sell its oil with...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
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 ...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
A history of Iran's nuclear programme and tensions with the US as an interim deal is reachedA landmark interim deal between the United States and Iran aims to end a protracted war and reopen the vital Strait of Hormuz. This agreeme...
White House says Trump to meet PM Modi in France; no word from Indian side yetPresident Trump and Prime Minister Modi are set to meet in France. This meeting comes as US forces have attacked merchant ships carrying In...
Pakistan PM says US-Iran peace deal signing expected within 24 hoursPakistan's Prime Minister Shehbaz Sharif announced a significant development. The United States and Iran have reached an agreement on a pea...