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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 ...
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metroUnion Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Te...
Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...
Government looks to start work on Great Nicobar Project from 2028, says SonowalThe government plans to commence the ambitious Great Nicobar Project by 2028, aiming to establish a strategic maritime and economic hub. Un...
India emerges as world's top ship-recycling nation in 2025The country's share in global ship recycling surged to 35.4% in 2025, with a significant increase in recycled tonnage. This achievement, ex...
India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
India becomes world's largest ship recycling nation ahead of 2030 targetIndia has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumpe...
Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...
Oil rises after Iran shuts Hormuz again, Trump threatens new attacksOil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials...
Vance arrives in Switzerland for Iran peace talks with Hormuz in spotlightUS Vice President JD Vance arrived in Switzerland to kickstart crucial nuclear talks with Iran, aiming to solidify a fragile interim deal. ...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace dealIndian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Ir...
Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
Northeast’s rise under PM Modi is one of India’s biggest success stories: Sarbananda SonowalThe Northeast region of India has transformed into a major economic growth hub; significant investments in infrastructure, digital connecti...
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...