Union minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...

Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...

Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...

India is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...

Saudi Arabia's air defences intercepted and destroyed a Houthi drone south of Mecca before it entered prohibited airspace, the Saudi-led co...

Houthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...

India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...

India is taking steps to help exporters facing challenges due to the Gulf conflict. Key sectors like gems, jewellery, rice, and pharma are ...

Eastern India's exports face severe disruption due to the West Asia crisis. Freight rates to Europe and the US have surged by 60-80 percent...

Shipping lines divert vessels, insurance premiums surge, and new surcharges emerge as tensions in West Asia disrupt key trade route through...

India's Directorate General (DG) of Shipping issued advisories for seafarers presently in Iran, Strait of Hormuz, Persian Gulf and adjacent...

Asia-U.S. sea freight rates are projected to decrease further in 2025 due to overcapacity and shifting trade routes influenced by tariffs a...

Global shipping lines had started avoiding the West Asian region after the Israel-Gaza conflict escalation in October 2023. Attacks on comm...

Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism ...

Indian exporters seek legal advice after attacks by Houthi rebels and Somali pirates. They revise contracts, opting for DAP and FOB terms, ...

Attacks on vessels by Iranian-backed Houthi militants in Yemen, targeting a route that accounts for about 15% of the world's shipping traff...

“There will be port charges for the cargo which is offloaded at these ports,” said Ramkumar Govindarajan, chief executive officer of Wiz Fr...