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THE GULF REGION
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
- Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
- US-Iran deal redraws the Middle East: Tehran gains, rivals alarmedA landmark U.S.-Iran interim deal, signed by Presidents Trump and Pezeshkian, ends a three-month war and extends a ceasefire. While hailed ...
- Storm Arthur tracker, path: Tropical storm hits Texas, flooding alert in Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, 20,000 barrels of oil could be lost as Atlantic Hurricane Season 2026 beginsStorm Arthur updates: Flooding was likely through Friday over parts of Texas, Louisiana, Mississippi, Alabama, Georgia and the Florida Panh...
- Navi Mumbai International Airport to launch international flights from July 15Navi Mumbai International Airport (NMIA) is set to launch international passenger and cargo freighter services on July 15, pending final re...
- Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
- Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
- PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
- Oman unveils Muscat Peace Plan to prevent future regional conflictsThe initiative is aimed at promoting dialogue, countering hate speech and strengthening community-led peacebuilding amid growing tensions i...
- SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
- From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
- 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...
- Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
- US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Shipping authority directs placement agencies to restrict deployment of Indians in conflict zoneIndian seafarers are being restricted from deployment to conflict zones. This directive follows a US military strike on a commercial vessel...
- ‘Comply with US forces in Hormuz immediately,’ Rubio tells Jaishankar amid row over Indian sailorsUS Secretary of State Marco Rubio urged compliance with US forces in the Strait of Hormuz. This follows India's strong protest over US nava...
- 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....
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
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