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U.S. President Donald Trump on Saturday (September 26, 2026) rejected a truce deal proposed by Iran that Tehran said could have reopened the Strait of Hormuz to shipping within a week. The waterway is key to the world’s energy supply and is now central to the conflict between the US and Iran, which is at…
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Indian Oil Corp has crude oil supplies secured for the entirety of August and most of September, Arvinder Singh Sahney, Chairman of the state-owned oil-marketing company told reporters on Friday (July 31, 2026). File | Photo Credit: Reuters Indian Oil Corp has crude oil supplies secured for the entirety of August and most of September,…
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Vessels at the Strait of Hormuz. File | Photo Credit: Reuters Iran’s joint military command warned on Thursday (July 2, 2026) that all oil tankers moving through the Strait of Hormuz must use its approved routes or face a “forceful response,” ratcheting up tensions again over a waterway crucial for international energy supplies. The strait,…
India’s imports of liquefied petroleum gas (LPG) from the U.S. are set to top 1 million metric tons in June, a record high, industry sources said, as New Delhi turned to costlier suppliers to offset disruption from West Asia. File | Photo Credit: PTI India’s imports of liquefied petroleum gas (LPG) from the U.S. are…
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The United States said on Monday (June 15, 2026) that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President Donald Trump, and insisted Tehran would have to fulfill its commitments before getting any economic benefits. West Asia war LIVE They included a possible $300 billion reconstruction fund…
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Iran’s Foreign Minister Abbas Araqchi. File | Photo Credit: Reuters Iran has suspended exchanging texts with the U.S. over a preliminary agreement aimed at ending the war, in response to Israel’s escalating military strikes in Lebanon, the Tasnim news agency reported on Monday (June 1, 2026). “Due to the continuation of the Zionist regime’s [Israel]…
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Representative image. Photo credit: X/@CENTCOM Iranian media said on Monday (May 4, 2026) that a U.S. navy frigate was targeted by two missiles in the Strait of Hormuz, after President Donald Trump said U.S. forces would begin guiding ships through the waterway. “The frigate, which was sailing on Monday in the Strait of Hormuz, in…
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Amid the escalating conflict in West Asia, Iranian ambassador to India, Mohammad Fathali, on Saturday (March 14, 2026) said Iran has “allowed some ships” to pass through the Strait of Hormuz, a strategic trade route. He, however, did not specify the number of vessels that have been allowed to pass through. Follow Iran-Israel war LIVE…
Union Minister of Commerce and Industries Piyush Goyal. | Photo Credit: ANI Union Minister Piyush Goyal on Saturday (March 14, 2026) said India is well-placed to deal with any situation on crude oil and fuel, as the West Asia crisis disrupts gas shipments and shipping routes, and highlighted that the government has ramped up kerosene…