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MARITIME TRADE ROUTES
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- Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phaseOil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement ...19 Jun, 2026, 02.24 AM IST
- A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...18 Jun, 2026, 11.09 PM IST
- 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...18 Jun, 2026, 09.30 PM IST
- Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEOThe Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to t...18 Jun, 2026, 09.25 PM IST
- Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran warPresident Trump thanked Chinese President Xi Jinping and Russian President Vladimir Putin for remaining "neutral" during the conflict with ...18 Jun, 2026, 08.53 AM IST
- 'Convey our strong protest and anger': Arvind Kejriwal urges PM Modi to address Indian seafarers' deaths to TrumpArvind Kejriwal has called on Prime Minister Narendra Modi to protest the deaths of three Indian seafarers to US President Donald Trump. Th...17 Jun, 2026, 02.13 PM 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
- PM Modi holds bilateral talks with Kenya, Japan, Egypt and South Korea leaders on sidelines of G7 SummitPrime Minister Narendra Modi met with leaders from the UAE, Kenya, Egypt, South Korea, and Japan at the G7 Summit in Evian, France. Discuss...17 Jun, 2026, 08.26 AM IST
- PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...17 Jun, 2026, 07.23 AM IST
- '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...15 Jun, 2026, 10.52 PM IST
- Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exitShipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...15 Jun, 2026, 08.41 AM IST
- Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...14 Jun, 2026, 05.30 AM IST
- Indian seafarers' deaths, disputed attacks and a widening US-Iran blame gameIndia watches closely as the US and Iran trade accusations over maritime incidents. Both nations present conflicting accounts of negotiatio...13 Jun, 2026, 02.44 PM IST
- Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...11 Jun, 2026, 01.38 PM IST
- India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...10 Jun, 2026, 01.02 PM IST
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...10 Jun, 2026, 11.25 AM IST
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