US boards ship carrying Iran oil as Trump threatens mine-laying vessels
Central Command said it has intercepted 33 vessels since imposing a blockade on ships coming to and from Iran.
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Iran's central bank confirms Strait of Hormuz toll revenue deposited in cash
Tehran [Iran], April 24 (ANI): Iran's central bank has confirmed that revenue from newly introduced transit fees for vessels passing through the Strait of Hormuz has been successfully deposited, putting to rest speculation over the form of payment, as reported by Iranian state media Press TV.
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Top Condom Producer to Increase Prices Due to War in Iran
The world’s top condom maker is raising prices of its products by up to 30 percent, warning that shortages of raw materials and chemicals because of the war in Iran could disrupt production.
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US says it redirected 33 ships under Iran naval blockade
US says it redirected 33 ships under Iran naval blockade The US Central Command says it has diverted 33 vessels since enforcing its naval blockade on Iran. In an update posted on X, the military said the figure had risen from 31 earlier in the day, signalling continued enforcement in the strategic waterway. The US also said it had intercepted and boarded a sanctioned vessel allegedly carrying Iranian oil.
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10 Indian ships exited through Hormuz last week; 14 still in Persian Gulf: MEA
New Delhi [India], April 23 (ANI): The Ministry of External Affairs (MEA) on Thursday said that 10 Indian ships have safely exited the strategically significant Strait of Hormuz in the last week, while 14 vessels remain in the Persian Gulf amid heightened tensions.
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Second-round effects of supply shocks need close watch amid West Asia conflict: RBI Bulletin
New Delhi [India], April 23 (ANI): The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.
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Is The US Naval Blockade On Iran Working Yes And No.
To pressure Iran into a peace deal, the United States has imposed a naval blockade on the Middle Eastern countrys ports and vessels since April 13. While it has intensified pressure on Irans already battered economy, the US blockade has yet to force Tehran into making concessions to end the nearly two-month-long war, experts say.
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U.S. Seizes Second Tanker Carrying Iranian Oil
Navy destroyers are also shadowing several other vessels that left from an Iranian port before the U. S. -imposed blockade began, a U.
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U.S. Forces Board a 2nd Tanker They Say Is Carrying Oil From Iran
It was the second such action this week, as the Trump administration ramps up pressure on Tehran.
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US says forces boarded tanker carrying Iranian oil
US says forces boarded tanker carrying Iranian oil The US Defense Department said Thursday its forces boarded a vessel in the Indian Ocean that was transporting oil from Iran, as disruption from a stand-off with the Islamic republic continued to batter the world economy. The announcement came hours after a senior Iranian official said the country had banked the first proceeds from tolls it is exacting on shipping through the Strait of Hormuz, a waterway that has become the focal point of the confrontation with the United States. With planned peace talks hanging in the balance, more fuel-hungry airlines cancelled flights, oil prices opened higher and the keenly-watched S&P Global PMI index showed eurozone business activity shrinking for the first time in 16 months.
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IEA Chief Warns World Faces Biggest Energy Security Threat in History
The head of the International Energy Agency (IEA), Fatih Birol, has warned that the world is confronting what he described as ? the biggest energy security threat in history,? as the conflict involving Iran and the continued closure of the Strait of Hormuz shake global markets.
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Iran Seized a Greek Ship in the Persian Gul
A Greek-owned vessel, the Epaminondas, was seized by Iranian military forces in the Persian Gulf, with the shipowner confirming that armed personnel from Iran are now on board. Greek authorities said the crew has been safely evacuated and is no longer in danger. The Greek Ministry of Merchant Shipping stated that the sailors had left the vessel and were transferred to a secure location after the incident.
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Sensex closes down by 852 pts, Nifty falls 0.84% as crude tops USD 100 again
Mumbai (Maharashtra) [India], April 23 (ANI): Selling pressure deepened in the domestic stock markets on Thursday, with benchmark indices closing sharply lower as crude oil prices surged above USD 100 per barrel, dampening investor sentiment. The Nifty 50 index declined by 205 points to close at 24,173. 05, down 0.