30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
Rubio arrives in UAE with aim to head off Gulf Arab unease over tentative Iran dealUS Secretary of State Marco Rubio is in the UAE to address concerns over a new Iran deal. The agreement, brokered by Vice President JD Vanc...
Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEAEleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokes...
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
US-Iran deal under immediate strain as fighting flares in LebanonEscalating Israel-Hezbollah clashes in Lebanon are jeopardizing a recently signed Middle East peace deal. Planned US-Iran talks in Switzerl...
India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
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...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...