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SHIPPING CONCERNS MIDDLE EAST
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...- US President Donald Trump warns Houthis over Saudi port blockade threatPresident Trump warned Houthi rebels against a naval blockade of Saudi ports. He stated the United States would respond if the group follow...
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- Rupee hits two-month low, oil prices remain focal pointThe Indian rupee hit a two-month low on Monday as oil prices hovered around ninety dollars per barrel. In an effort to stabilize the curren...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- US strikes Iran for ninth day; Iran says two oil tankers in Strait of Hormuz exploded and immobilisedUnited States forces conducted strikes against Iran for a ninth consecutive day. Iran reported explosions on two oil tankers in the Strait ...
- ASEAN ministerial talks: Iran war, Myanmar crisis and South China Sea rifts under spotlightSoutheast Asian diplomats are meeting in Manila to discuss escalating Middle East conflicts. They will express alarm over renewed hostiliti...
- Gold slips as oil prices advance, Fed rate-hike voices growGold prices dropped on Monday as Middle East tensions escalated significantly. Brent crude oil surpassed ninety dollars a barrel, increasin...
- US warns Americans to reconsider Middle East travel amid rising tensionsThe United States issued a travel warning for the Middle East due to escalating regional tensions. Escalating hostilities between the Unite...
- Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
- Asian refiners snap up US crude as Hormuz risks mount, trade sources sayAsian refiners have increased purchases of U.S. crude as escalating Middle East tensions and disruptions to shipping through the Strait of ...
- Indian seafarer missing after Oman vessel attack dead, family saysAn Indian national is confirmed dead after an attack on a commercial vessel near Oman. Ten other Indian sailors aboard the ship were rescue...
- Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- Global Market: European shares fall as US-Iran tensions rattle markets; BP gains, Ericsson slumpsEuropean shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson a...
- Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weighChinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensio...
- Why reopening the Strait of Hormuz may demand more than US airstrikesPresident Trump seeks to reopen the Strait of Hormuz amid ongoing conflict with Iran. Securing this vital waterway may require tens of thou...
- Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety riskVessel traffic through the Strait of Hormuz has reached a five-week low. This decline is attributed to renewed strikes and attacks on ships...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- Seafarers attacked in the Strait of Hormuz sue shipping company in ThailandThree former Thai sailors filed a lawsuit against their shipping operator for labor rights violations. They allege unfair dismissal and ina...
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