Oil Price Today (May 21): Crude oil rises slightly after two days of fall as Iran-US issue fresh threats. What lies ahead?Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran ex...
21 May, 2026, 09.07 AM IST
US fights to reopen the Strait of Hormuz as the UAE comes under attack in a test of Iran truceThe United States said it reopened a shipping lane in the Strait of Hormuz after engaging Iranian forces, sinking six boats that were targe...
05 May, 2026, 08.47 AM IST
Will UAE fight back Iran? US Navy reopens Strait of Hormuz as UAE faces Iranian missile and drone attacksWill UAE fight back Iran? The United States moved to reopen the Strait of Hormuz after Iran launched missile and drone attacks on the UAE a...
05 May, 2026, 01.01 AM IST
UAE says Iran has resumed attacks as the US moves to reopen the Strait of HormuzThe United Arab Emirates reported Iranian attacks. This happened after US President Donald Trump's initiative to reopen the Strait of Hormu...
04 May, 2026, 10.30 PM IST
As talks stretch, Trump says 'prefer not' to strike Iran againUS President Donald Trump voiced frustration over Iran negotiations. He stopped short of threatening new airstrikes. Trump stated he was no...
02 May, 2026, 11.46 PM IST
All Indian Seafarers in Persian Gulf safe, vessels under monitoring: Shipping MinistryThe Ministry of Ports, Shipping and Waterways on Tuesday said that all Indian vessels and crew currently in the Persian Gulf are being clos...
28 Apr, 2026, 06.01 PM IST
State government administered ports to mirror concessions offered by centre: Shipping MinistryIndian maritime authorities are urging state-run ports to offer concessions on charges. This follows similar moves by the central governmen...
27 Apr, 2026, 09.45 PM IST
Trump has paused 3 Mideast wars, but grievances remain and could reignite themThe Middle East faces a fragile peace after recent events. Conditional ceasefires are in place, but underlying issues persist. Millions rem...
25 Apr, 2026, 02.29 PM IST
Ports listing concessions for stranded containers on websiteIndian ports are now displaying stranded cargo eligible for concessions on their websites. This move aims for transparency and ensures expo...
17 Apr, 2026, 05.52 PM IST
West Asia crisis is not a profiteering opportunity: Shipping Minister Sarbananda SonowalMinister Sarbananda Sonowal stated the West Asia crisis must not be exploited for profit. He directed transparency in shipping charges and ...
10 Apr, 2026, 10.33 PM IST
West Asia crisis: Government plans weekly monitoring of EXIM flowsIndia's commerce ministry will launch a weekly system to monitor export-import trends and industry stress. This move addresses concerns ove...
10 Apr, 2026, 07.09 PM IST
DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...
09 Apr, 2026, 11.52 PM IST
DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
09 Apr, 2026, 08.21 PM IST
DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
09 Apr, 2026, 10.12 AM IST
Shipping ministry gives six-month breather to foreign flagged ships moving domestic cargoIndia is opening its shores to foreign vessels, allowing them to transport cargo along its coast for the next six months. This strategic de...
03 Apr, 2026, 05.07 PM IST
JNPA and DP World to settle royalty disputeThe Jawaharlal Nehru Port Authority and DP World have amicably settled a longstanding royalty dispute through conciliation. The resolution ...
05 Apr, 2025, 06.33 PM IST
Government approves policy for award of waterfront & related landExtension of concession period on conditions including under utilisation of asset as per the Concession Agreement may be allowed, the state...
27 Jul, 2016, 11.15 PM IST