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Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: ReportA US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...- Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
- Trump says Iran wants deal as Gulf talks delayed, Houthis strike Saudi ArabiaIran wants a deal with the United States, President Trump stated on Monday. Gulf Arab states postponed a meeting with Iran as fighting wide...
- Oil prices jump more than 2% after new strikes on Saudi, Strait of HormuzOil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heighte...
- Asian ports snarled as El Niño fuels busy typhoon seasonThe shipping industry in Asia is grappling with unprecedented challenges as the typhoon season proves to be remarkably intense. Shanghai is...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key straitYemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key...
- Yemen risks a return to civil war as Iran-backed rebels target a vital oil shipping routeYemen faces renewed civil war as Houthi rebels advance near a vital shipping lane. The rebels' move threatens the Bab el-Mandeb Strait, a c...
- Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
- Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
- Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata CapitalIndian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swaye...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- Two Turkish-flagged ships collide off Istanbul, one believed to have sunkTwo Turkish commercial vessels collided in the Sea of Marmara. Contact was lost with the Tugberk Imamoglu and its ten crew members. Coast g...
- Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organism...
- After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concernSix months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain u...
- 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...
- US shifts Iran war strategy from fresh strikes to sanctions as Trump seeks to squeeze Tehran: ReportThe United States is implementing economic sanctions alongside a naval blockade aimed at Iran. These new measures specifically target coope...
- Euro zone bond yields rise as oil climbs on Hormuz doubtsBond yields in the Euro zone saw an uptick as oil prices surged, triggered by U.S. President Donald Trump's stance on Iran. The chances for...
- Batten down, ride out shipping stormShips are increasingly steering clear of the Suez Canal, resulting in port congestion and longer shipping times than usual. Driven by elect...
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