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SHIPPING DISRUPTIONS RED SEA
India’s oilmeal exports fall 28.5% as cheaper Brazilian, Argentine soymeal squeezes shipmentsIndia's oilmeal exports fell 28.51% year-on-year to 12.82 lakh tonnes in April-August FY27, dragged by a 73% plunge in soybean meal shipmen...- IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
- Russia says hit power substations in Ukraine and three ships in Black SeaRussia conducted overnight strikes that reportedly targeted three cargo vessels linked to Ukrainian military supplies. The vessels were str...
- Trump announces Task Force Iron Gate to choke off Iran's trade routes, enforce restrictions on weapons suppliesUS President Donald Trump has announced Task Force Iron Gate to restrict the movement of weapons, dual-use technologies and sanctioned mate...
- US CENTCOM forms Task Force Iron Gate to disrupt Iran's ground weapons supply routesCENTCOM has formed Task Force Iron Gate to target Iran's land routes for transporting advanced weapons and restricted goods. This new group...
- An airstrike has killed 25 people near Yemen's capital, Houthi official saysAirstrikes on a village near Sanaa killed at least 25 people and injured 30, primarily women and children. This incident marks an alarming ...
- Yemen's Houthis granting ships safe passage via email: ReportYemen's Iran-backed Houthis have established a system for vessels to request safe passage through email. They declared a blockade against S...
- ‘Ocean freight rates will come down eventually, we have seen this before’: DP World COOGlobal ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerout...
- US sanctions India-based couple, companies over alleged support for Iran's Shadow oil fleetThe United States imposed sanctions on Suniel Kumar Sharma and Jaspreet Preeti Shahid for aiding Iran's shadow fleet. Their network alleged...
- Sarbananda Sonowal outlines plan to double coastal & waterway freight share to 12% by 2047The Indian government is implementing initiatives to double the share of coastal and inland waterway shipping by 2047. The Coastal Cargo Pr...
- Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...
- EAM Jaishankar discusses Ukraine-Russia conflict solutions amid G20 summitIndia has engaged in discussions with Russia, Europe, and Ukraine regarding the ongoing conflict and its impact. These talks focused on pre...
- Quad ministers pledge over $85 million for AI access, flag economic coercion and supply chain risksQuad foreign ministers meeting in Atlanta reaffirmed their commitment to a free and open Indo-Pacific, focusing on economic security, resil...
- 'Want Baltic Sea to become like Hormuz?': Putin warns Europe amid rising tensionsRussian President Vladimir Putin warned that any escalation with Europe could leave no winners and cautioned against Baltic Sea shipping re...
- The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransomOn April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom ...
- World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...
- 22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
- Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...
- Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reportsYemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...
- Egypt approves military support for Saudi Arabia after Houthi attacks escalateEgypt's parliament has approved military support for Saudi Arabia as conflicts with the Houthis escalate. This decision follows President A...
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