News

UK Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UK Navy issued a rare warning to mariners that higher tensions in the Middle East could impact shipping, including ...
What happens if Iran shuts Strait of Hormuz? Artery of global oil turns into ticking time bomb
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
Oil steadies after Trump spurs concerns about further escalation in West Asia
Oil steadied, after jumping to the highest in almost five months on Tuesday, as speculation the US may join Israel’s attack ...
The Financial Express1d
Govt. to consult shipping lines and other trade stakeholders to assess impact of Israel-Iran war
As the Israel-Iran conflict threatens key shipping lanes like the Strait of Hormuz and Red Sea, the Indian government will ...
Why the Strait of Hormuz is now a major focus of worry for oil prices and the global economy
Israel’s military strikes against Iran were roiling global financial markets on Friday, raising concerns that Tehran could possibly retaliate by targeting shipping through the Strait of Hormuz — one ...