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Ships and boats in the Strait of Hormuz on April 29, 2026. | Photo Credit: Reuters In a development that has given hope of normalcy returning across the Strait of Hormuz, LNG carrier Umm Al Ashtan, which had departed Dahej in Gujarat after unloading its cargo there, is heading up towards crossing the strait. The…
U.S. President Donald Trump. File | Photo Credit: Reuters The United States is pressing ahead with plans for an international coalition to open the Strait of Hormuz, according to a State Department cable seen by Reuters, as oil prices surge on fears of lengthy disruptions to global fuel supplies. Two months into the war that…
Read More “U.S. seeks international help to reopen Strait of Hormuz as crude prices surge” »
The U.S. war on Iran has turned into a battle of wills in the Strait of Hormuz and the Gulf of Oman, marked by duelling naval blockades and stalled diplomacy. Iran, which has effectively restricted the free flow of traffic through the Strait of Hormuz since the U.S. and Israel attacks on February 28, has…
Security Council members attend a meeting on maritime safety at U.N. headquarters in New York City, on April 27, 2026 | Photo Credit: Reuters Iran said on Tuesday (April 28, 2026) that the United States was no longer able to “dictate” what other countries do, as Washington weighed a new proposal from Tehran on unblocking…
Read More “U.S. no longer in position to ‘dictate’ policy to other nations, says Iran” »
IMO Secretary-General Mr. Arsenio Dominguez to UN Security Council. | Photo Credit: International Maritime Organization International Maritime Organization (IMO) Secretary-General Mr. Arsenio Dominguez has called on States to uphold the principle of freedom of navigation and reject any imposition of tolls, fees or discriminatory transit measures for passage through straits used for international navigation. Addressing…
Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto Iran is offering to end its chokehold on the Strait of Hormuz without addressing its nuclear programme, two regional officials with knowledge of the proposal said on Monday (April 27, 2026), as the country’s Foreign Minister made a visit to Russia, which he said…
Read More “Iran offers to end chokehold on Strait of Hormuz, asks U.S. to end blockade” »
U.S. Navy intercepts Iran-linked vessel in Arabian Sea The U.S. naval forces intercepted an Iran-linked vessel in the Arabian Sea on Saturday (April 25, 2026), said the U.S. Central Command. Taking to X, it said that the U.S. Department of Treasury has sanctioned M/V Sevan and 18 other “shadow fleet” vessels “for for activities related…
Read More “Israel-Iran live: U.S. Navy intercepts Iran-linked vessel in Arabian Sea” »
HSBC said that although domestic equity valuations have corrected from their peaks, they may appear expensive again as earnings downgrades filter through. (Representational image) | Photo Credit: Getty Images/iStockphoto HSBC downgraded Indian equities to “underweight” from “neutral” – its second cut in less than a month – as it expects surging energy prices triggered by…
Read More “HSBC downgrades India to ‘underweight’ as oil shock clouds earnings recovery” »
Epaminondas has a crew of 21 members made up of mostly Ukrainians and Filipinos and was bound for India. File | Photo Credit: AFP At least one Indian seafarer was among the crew of a vessel taken into custody by Iran in the latest maritime escalation near the Strait of Hormuz. Two of the three…
Read More “Indian seafarer among crew of ship held by Iran in Strait of Hormuz” »
Iran has vowed not to reopen the Strait of Hormuz as long as the United States blockades its ports, with the blocked waterway sharply driving up oil and gas prices and disrupting the global economy. A screengrab of the MarineTraffic website on April 21, 2026. | Photo Credit: AFP U.S. President Donald Trump in a…