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MARITIME TRADE ROUTES
India urges global cooperation to safeguard sea lanes for food, fuel at UNSCIndia called for global cooperation to safeguard critical sea lanes for essential goods. Secure maritime routes are indispensable for unint...
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $...
Crude oil prices slide 4% as markets look past Iran sanctionsOil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both rea...
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
Six months on, Hormuz remains disrupted as ships stay awaySix months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-...
India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...
16th-century shipwreck of a merchant vessel discovered off the coast of Ramatuelle in France accidentally when navy researchers scanned the seafloor in routine sonar investigations16th-century shipwreck of a merchant vessel discovered off the coast of Ramatuelle in France accidentally when navy researchers scanned the...
UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
South Korean container ship sets sail on first commercial Arctic voyage to EuropeA South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern...
Why Taiwan and the South China Sea are two sides of the same strategic coinTaiwan and the South China Sea hold significant global trade importance. China claims Taiwan and asserts sovereignty over the South China S...
Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027India plans its first cargo ship voyage along the Northern Sea Route next year. Russia's Arkhangelsk region is discussing economic potentia...
Iranian Parliament to debate Hormuz Strait oversight bills as top lawmaker mocks Trump's threatsIran's parliament will review legislation for Strait of Hormuz oversight. This comes as lawmakers criticize US President Donald Trump's thr...
India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran: ReportPersian Gulf allies express growing weariness with Iran peace deal negotiations. United States officials reject assessments of President Tr...
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...
ET World Leaders Forum: EAM Jaishankar to speak on India’s foreign policy amid global tensionsExternal affairs minister S Jaishankar will be a lead speaker at The Economic Times World Leaders Forum on August 22, addressing India’s fo...
Russia to India via train? Moscow floats ambitious railway route, says link "should be explored"India-Russia Rail Link: Russia is investigating innovative overland rail routes to connect with India, seeking to lessen reliance on mariti...