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Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...
Iran fired on cargo ship in Strait of Hormuz, say US officialsIran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earl...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
Oil prices fall as tankers exit Strait of HormuzOil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...
Trade, tariffs & taste: American whiskey pushes for a fair pour in IndiaUS trade representative Jamieson Greer’s recent visit to New Delhi is seen as a key step toward finalising a US-India trade framework, with...
UN starts evacuation of 11,000 seafarers stranded in Strait of Hormuz after ceasefireA major evacuation plan is now underway for over 11,000 seafarers aboard hundreds of ships stranded in the Gulf. Following a ceasefire deal...
Oman assures toll-free movement via Strait of HormuzOman has pledged toll-free passage through the Strait of Hormuz, a move welcomed by India. This assurance follows discussions between Omani...
Rubio says US will not accept Iranian tolls on HormuzUS Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterwa...
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
Oman eases residency rules for foreign investors, expands family sponsorship eligibilityOman is boosting its appeal to foreign investors and property buyers with significant reforms to its residency laws. New "Owner Visas" simp...
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
India seeks tariff advantage over peers in push to finalise US trade dealIndia's trade minister, Piyush Goyal, revealed on Monday that a trade agreement with the United States is experiencing delays. The primary ...
US Trade Representative Jamieson Greer on visit to India to discuss trade dealU.S. Trade Representative Jamieson Greer has arrived in New Delhi to finalise an interim trade agreement with India. This visit is the culm...
PM Modi and Trump direct officials to fast-track 'commercially meaningful' trade pactPrime Minister Narendra Modi and US President Donald Trump agreed to push for an early conclusion of a balanced and commercially meaningful...
'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...
PM Modi must take up with Donald Trump killing of Indian seafarers: Priyanka GandhiCongress leader Priyanka Gandhi Vadra has asked Prime Minister Narendra Modi to discuss the deaths of three Indian sailors with US Presiden...
US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPCThis development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...
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...