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IRAN WAR IMPACT ON SHIPPING
Oil rises nearly 1% as US launches new strikes against Iran, supply tightensOil prices rose as U.S. military strikes on Iran escalated tensions following the downing of an Apache helicopter. This development, couple...
India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...
Yemen's Houthis declare ban on Israeli shipping in Red SeaYemen's Iran-backed Houthi rebels announced a missile attack on Israel on Monday and declared a ban on Israeli shipping in the Red Sea, rai...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
Iran says frozen funds key to progress in US talksFrozen Iranian funds are a central point in talks between Tehran and Washington to end their conflict. Iran demands the release of its asse...
Taiwan says Chinese coast guard, research ships near key South China Sea islandsTaiwan has reported a new escalation in the South China Sea on Saturday. A Chinese coast guard ship and a survey vessel conducted a coordin...
West Asia war: 100 days on, Trump and Iran remain locked in high-stakes showdownTensions between the US and Iran remain high as the conflict approaches 100 days. Both nations are engaged in military actions and diplomat...
War will end when fighting stops in Lebanon as well: IranIn another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing t...
"If Iran kills US troops, it would be a good reason to restart war": US President TrumpUS-Iran war: President Donald Trump declared that any killing of US troops by Iran would justify restarting war. He also criticized the Hou...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Rubio says Mojtaba Khamenei alive and 'increasingly engaging'US Secretary of State Marco Rubio confirms Iran's supreme leader Mojtaba Khamenei is alive and active. Talks to end a three-month war have ...
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.
Iran Guards threaten 'new fronts' over Israel's Lebanon offensiveIran's Revolutionary Guards threatened to open "new fronts" and keep the Strait of Hormuz closed over Israel's offensive in Lebanon, state ...
IMF, World Bank, others warn Middle East war is straining energy suppliesGlobal economic leaders warned that the Middle East conflict is straining energy supplies and disproportionately impacting vulnerable econo...
Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
Indian sailors risk work at sea, as Iran war grinds onIndian sailors are increasingly finding themselves caught in the crossfire of the Iran war, with thousands of seafarers stranded in conflic...