New Delhi [India], July 17 (ANI): The recent escalation between the United States and Iran is unlikely to drive commodity prices back to previous highs, with easing price pressures expected to improve operating margins for Indian manufacturers from H2FY27, according to a report by Elara Securities.
New Delhi [India], July 17 (ANI): Amid continuing attacks on merchant vessels and the heightened security situation in the Gulf, India's Directorate General of Maritime Administration (DGMA) has advised ship owners, ship managers and Recruitment and Placement Service Licence (RPSL) companies to avoi
Washington DC [US], July 17 (ANI): The White House on Thursday (local time) said the Strait of Hormuz remains open for commercial vessels that are not travelling to or from Iranian ports as part of the US blockade on Tehran, adding that the US Navy is deployed to ensure the continued flow of maritime traffic through the strategic waterway.
The blocs envoys have reportedly decided to freeze the oil price cap for a week until they convene again The EU ambassadors have failed to reach a consensus on the 21st round of sanctions against Russia following three days of talks, multiple news outlets, including Reuters, Euractiv and Politico, reported on Wednesday.
Washington DC [US], July 15 (ANI): The United States on Wednesday announced a fresh slew of sanctions against Iran after accusing Tehran of attacking commercial vessels in the Strait of Hormuz.
New Delhi [India], July 15 (ANI): Despite Brent crude trading at over $85 per barrel, Indian markets breathed in green on Wednesday morning as equity indices opened with marginal gains, tracking mixed global indicators and escalating tensions in West Asia. The BSE SENSEX stood at 77,204. 25 points, marking an increase of 149.
Washington, DC [US], July 15 (ANI): In a significant expansion of Washington's intensified economic offensive against Tehran, the United States has penalised over 50 individuals, enterprises, and maritime vessels suspected of involvement in an unlawful Iranian oil transportation and sanctions-circumvention ring.
By By Reena Bhardwaj Washington DC [US], July 15 (ANI): A bipartisan group of US senators has unveiled a long-awaited bill imposing sweeping sanctions on Russia, naming India among five countries that could face tariffs for continuing to buy Russian oil.
Washington, DC [US], July 14 (ANI): US President Donald Trump on Tuesday said that the Strait of Hormuz is open to all ship traffic except for Iran and that he has decided to replace 20% toll with trade and investment deals that the various Gulf States will be making into the United States.
New York [US], July 14 (ANI): Oil prices are on the rise again as the interim peace agreement between Iran and the US frays, leading to renewed strikes between the two sides and dimming hopes of a durable peace in the region.
New posts 17:58 Trump Drops Hormuz Transit Fee, Turns to Gulf Investment Deals US President Donald Trump US President Donald Trump has walked back his plan to charge a 20 percent fee on cargo shipped through the Strait of Hormuz, replacing it with proposed trade and investment agreements with Persian Gulf states.
New posts 23:08 New US Measures Target Iran's Sanctions Evading Network By RFE/RL The US Treasury has announced a series of moves to increase pressure on Iran's sanctions evading network, especially targeting Mohammad Hossein Shamkhani, which it says remains a "major force" behind Tehrans oil export
Sao Paulo [Brazil], July 14 (ANI): Brazilian President Luiz Inacio Lula da Silva has accused US President Donald Trump of turning America into a 'pirate' state after Washington announced plans to charge ships a 20 per cent fee for transiting the Strait of Hormuz, one of the world's busiest maritime chokepoints.
Washington DC [US], July 14 (ANI): US President Donald Trump on Monday (local time) announced that American forces will reimpose a naval blockade in the Strait of Hormuz targeting Iran, while allowing vessels from other nations to continue transiting through the strategic waterway.
Washington [US], July 14 (ANI): The United States on Monday (local time) announced that it will resume blockading maritime traffic entering and exiting Iranian ports starting July 14 evening.
Washington, DC [US], July 13 (ANI): US President Donald Trump on Monday (local time) said that the United States is 'reinstating' the Iranian blockade and said that the US will charge '20 per cent' to provide security to the Strait of Hormuz, a strategic gateway.
Washington, DC [US], July 13 (ANI): US President Donald Trump on Monday (local time) said that the United States is 'reinstating' the Iranian blockade and said that the US will charge '20 per cent' to provide security to the Strait of Hormuz, a strategic gateway.
New Delhi [India], July 13 (ANI): Crude oil is likely to trade range-bound to higher while gold is expected to trade range-bound to lower in the coming sessions amidst fresh US-Iran strikes that has put the Strait of Hormuz back in focus and as markets price in the prospects for interest-rate hikes to combat inflation, according to a research report by domestic brokerage firm Nirmal Bang.
Washington reportedly expects Tehran to accept its terms after talks in Oman on Saturday The US is demanding that Iran publicly declare the strategic Strait of Hormuz fully reopened to navigation and pledge not to attack tankers transiting the waterway, which carries around a quarter of the world's seaborne oil and LNG trade, several news outlets reported on Friday.
Washington reportedly expects Tehran to accept its terms after talks in Oman on Saturday The US is demanding that Iran publicly declare the strategic Strait of Hormuz fully reopened to navigation and pledge not to attack tankers transiting the waterway, which carries around a quarter of the world's seaborne oil and LNG trade, several news outlets reported on Friday.