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Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
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....
US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
Bigger proportion of non-Iran ships crossing Hormuz strait: DataThe proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...
Drones hit three 'shadow fleet' oil tankers off Turkiye's Black Sea coastThree oil tankers were attacked by drones off Turkey's Black Sea coast. The ships are part of a 'shadow fleet' exporting Russian oil and ev...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
Iran reviews latest US response as Trump suggests he can waitIran war: Trump has indicated he is ready to wait for the right answers from Tehran. He also warned of renewed attacks if an agreement is n...
Peace deal hopes fade after Trump rejects 'garbage' Iran proposalHopes for an Iran peace deal have dimmed as President Trump stated a ceasefire is "on life support" following Tehran's rejection of a U.S. ...
Iran reviewing US proposal to end war, though key demands remain unaddressedIran is reviewing a U.S. peace proposal aimed at formally ending the ongoing war, though key demands regarding its nuclear program and the ...
WTI crude oil price sharp fall today reason: Why are oil prices suddenly crashing now as Brent crude tumbles over 7% and traders fear a bigger global oil market shock?WTI crude oil price crash today is shaking global commodity markets. Oil prices suddenly collapsed as traders rushed to remove geopolitical...
Iran menaces Hormuz as its own oil tankers test US blockadeIranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...
US-Iran war: US military forces board sanctioned oil tanker in Indian Ocean, Pentagon saysAmerican forces have seized an oil tanker in international waters. The vessel, the M/T Tifani, was previously sanctioned for smuggling Iran...
EU to widen Iran sanctions over Hormuz blockadeThe European Union plans to broaden its Iran sanctions. New measures will target individuals and groups responsible for blocking the Strait...
Trump warns Iran, says Tehran cannot "blackmail" US over Strait of HormuzIran has reimposed a naval blockade on the Strait of Hormuz. This move followed a brief 24-hour opening. US President Donald Trump issued a...
Hormuz shipping muted as US blockade takes hold: Tracking dataA trickle of ships crossed the Strait of Hormuz Tuesday and Wednesday as a US blockade appeared to further curb traffic in the trade route ...
US-sanctioned tanker sale to India scrapyard shows dark fleet painA US-sanctioned tanker, Contract II, is being dismantled in Alang, India. The sale involves extended payment terms and measures to hide the...