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Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...
In 1831, a volcano raised a new island from the Mediterranean; four powers rushed to claim it, but the sea erased it before anyone could winThe year 1831 saw the emergence of a fleeting island in the Mediterranean, catching the attention of four competing nations. While the isla...
Trump says deal to reopen Strait of Hormuz could come as early as WednesdayPresident Trump indicated a deal to reopen the Strait of Hormuz could happen soon. Hopes for a deal eased oil prices as shipping hopes incr...
Proposed Hormuz deal would give Iran control of inbound traffic, sources sayA proposed Iran-Oman deal would grant Tehran control over ships entering the Strait of Hormuz. Important details remain to be agreed upon r...
US and Iran having 'very good discussions', Trump saysUS President Donald Trump reported very good discussions with Iran on Tuesday. Hopes for reopening the Strait of Hormuz boosted Asian marke...
US and Iran having 'very good discussions', Donald Trump saysTrump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran deni...
Projectile sinks Indian ship near Yemeni waters but all seafarers safe, Union minister Sonowal saysAn Indian-flagged vessel sank in the Red Sea after a projectile strike, but all fourteen crew members were rescued. The Yemeni Coast Guard ...
'Hormuz deal with Iran today' Oil slips below $80 on truce hopeOil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conf...
US-Iran war: Shipping traffic at key Gulf waterways little changed on uncertain peace talksGulf waterway traffic held steady as United States and Iran talks progressed ambiguously. Bab el-Mandeb strait saw unchanged vessel crossin...
Oil ticks up after selloff as talks to end US-Iran war remain uncertainOil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...
Companies may soon get to retain legal identity in flipbacksA parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to Ind...
West Asia conflict: PM Modi directs measures to safeguard Indians, boost renewable energy pushPrime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assi...
Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
Shipping authority asks Indian seafarers to assess security situation before taking up jobs in conflict zonesThe Directorate General of Maritime Administration issued a strong caution for vessels operating in the Black Sea. This advisory follows re...
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
India urges caution for ships entering Black SeaIndia issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian na...
Killing of 4 Indian seafarers in Ukraine: India summons Russian charge d'affairesIndia summoned the Russian charge d'affaires to protest the killing of four Indian seafarers. The civilian vessel was attacked by Russian c...
Special court sentences 44 Somalian pirates to life imprisonment; praises Navy for prompt actionA Mumbai court has sentenced forty-four Somalian nationals to life imprisonment for piracy. These individuals were convicted in two separat...