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STRAIT OF HORMUZ TRADE RISKS
India-UAE trade in rupees, dirhams enters double digits: Piyush GoyalTrade between India and the UAE settled in local currencies has reached double digits, Commerce and Industry Minister Piyush Goyal said Mon...
The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
Qatar-linked LNG traffic through Hormuz strait picks up despite conflictRecent transits of QatarEnergy-linked liquefied natural gas vessels through the Strait of Hormuz have increased. Kpler data indicates that ...
'Clearly desperate': US military refutes Iran's claim of seizing underwater drone in Strait of HormuzIran's Islamic Revolutionary Guard Corps claimed to have captured an advanced American unmanned underwater vehicle recently. The US Central...
US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
US Iran war: Tehran insists on diplomatic solution after Trump rejects peace planIranian Foreign Minister Abbas Araqchi emphasized that diplomatic solutions are essential for resolving tensions with the US and Israel. US...
Strait of Hormuz open or closed? What are latest standpoints of Iran and Donald Trump's U.S.?Tehran has spent long weeks in discussions with Oman, on the other side of the strait, on how to manage shipping traffic. Its new rush for ...
'Trump Strait': US President shares new map of Hormuz after rejecting Iran's 7-day ceasefire offerDonald Trump has dismissed Iran's offer to restore maritime passage through the Strait of Hormuz within a week. Iranian Foreign Minister Ab...
Trump rejects Iran’s 7-day ceasefire proposal, expects bombing to resume after US midterms: ReportUS President Donald Trump has rejected Iran’s proposal for a seven-day ceasefire and told aides he expects US bombing of Iran to resume aft...
Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisisSaudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply conce...
Shipping traffic via Strait of Hormuz stays lower than 10-day average, data showsOn Wednesday, ten commodity vessels traversed the Strait of Hormuz, slightly increasing from the previous day's count. This number remains ...
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
Crude prices rise nearly 2% amid choppy tradeOil prices saw an increase of almost 2% in a volatile market influenced by geopolitical tensions. Traders reacted to Iranian President Maso...
Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...