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RED SEA CLOSURE THREAT
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
India is ready to play in Russia's long game on top of the worldIndia and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez ...
Pirates allegedly hijack chemical tanker off Yemen coast in Gulf of Aden: ReportArmed assailants boarded the chemical tanker Asana in the Gulf of Aden off southern Yemen on Friday and are believed to have taken control ...
Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concern...
Oil Price Today (July 17): Crude oil jumps 12% this week as Hormuz, Red Sea closure risks loom. What are experts saying?Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or ...
Oil rises on intensifying US-Iran hostilities and threat of Red Sea closureOil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran a...
Trump threatens new Iran escalation and risks repeating old mistakesPresident Trump has increased U.S. air strikes on Iran, but strategy shows little success. An interim ceasefire deal has collapsed, leaving...
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
Iran warns Strait of Hormuz is a 'red line' and will resist until the endIran vows to strike regional infrastructure if President Trump attacks its infrastructure. The US is targeting Iran's military capabilities...
Saudi, Houthis edge towards war as Middle East conflict spills overSaudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Ar...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
Hormuz turmoil sends gold lower, disrupts India's tea and basmati exportsGulf hostilities impacting the Strait of Hormuz have disrupted Indian commodity markets. Gold and silver prices have fallen sharply, while ...
Oil climbs to one-month high as US, Iran step up attacks in Strait of HormuzOil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran. Two United Arab Emirates tanker...
'Era of one-sided deals over': Iran Parl speaker Ghalibaf warns US after trade of strikes in Strait of HormuzIran's Parliament Speaker declared one-sided deals are over after US strikes. US forces conducted extensive strikes targeting Iranian milit...
Delhi briefly placed on high security alert after hoax threat call to blow up the Red FortA hoax bomb threat to Delhi's historic Red Fort briefly triggered a high security alert. Mumbai Police relayed the threat call to Delhi Pol...
Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...
Container carriers eye return to Red Sea routeVessels will now use the shorter route instead of going around Africa. This shift impacts shipping rates and capacity as demand rises.