Iran, US establish communication line to safeguard shipping through Hormuz, say mediatorsIran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, ...
22 Jun, 2026, 10.55 AM IST
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
22 Jun, 2026, 09.34 AM IST
Iran-US talks: Key takeaways from first round in SwitzerlandRecent discussions between Iran and the US in Switzerland mark a promising step towards resolving the Middle East conflict, facilitated by ...
22 Jun, 2026, 09.26 AM IST
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 ...
22 Jun, 2026, 12.19 AM IST
US Centcom says Iran does not control Hormuz after Tehran closes strait over Israeli strikes in LebanonIran has declared the Strait of Hormuz closed following Israeli strikes in Lebanon, citing violations of a ceasefire. However, the US Centr...
21 Jun, 2026, 07.38 AM IST
US military 'vigilant' after Iran announces Hormuz closureThe US military said Saturday it remained "present and vigilant" in the Strait of Hormuz, shortly after Iran announced it was closing the c...
20 Jun, 2026, 08.42 PM IST
Iran says it will waive fees for Hormuz during 60 day negotiation periodIran has announced a 60-day waiver on fees for ships transiting the Strait of Hormuz, following a memorandum of understanding with the Unit...
19 Jun, 2026, 04.48 PM IST
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
18 Jun, 2026, 09.21 AM IST
AI must empower people: PM Modi at G7 SummitPrime Minister Narendra Modi spoke at the G7 Summit in France about Artificial Intelligence. He stressed AI must empower people and be incl...
18 Jun, 2026, 09.00 AM IST
West Asia crisis eases, but peace could elude consumers for nowConsumers in India will not experience immediate price drops for daily essentials and home appliances. Manufacturers are holding onto raw m...
18 Jun, 2026, 12.37 AM IST
Trump, do keep a leash on IsraelRecent Israeli strikes in Beirut have unexpectedly advanced a US-Iran deal. This agreement, set to be signed soon in Switzerland, faces cha...
18 Jun, 2026, 12.24 AM IST
Qatar plans to rapidly restart LNG production after Hormuz opensQatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening...
16 Jun, 2026, 01.56 PM IST
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...
16 Jun, 2026, 12.32 PM IST
Indian LNG carrier Disha crosses HormuzAn Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affe...
16 Jun, 2026, 01.22 AM IST
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...
15 Jun, 2026, 07.51 PM IST
Will increase seafarer repatriations if needed: Shipping Ministry’s Mukesh MangalIndia plans to increase efforts to bring back its seafarers from West Asia if needed. Currently, 18,000 Indian seafarers are in the region....
11 Jun, 2026, 09.23 PM IST
MEA flags growing threat to shipping as MT Jalveer crew evacuation beginsIndia's External Affairs Ministry voiced worry over ongoing shipping attacks in West Asia. The crew of the vessel MT Jalveer, near Oman, is...
11 Jun, 2026, 07.56 PM IST