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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…
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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…
A woman walking past a mural depicting a U.S. drone painted on the outer walls of the former US embassy in Tehran. File | Photo Credit: AFP The ongoing U.S.-Israel war against Iran, now dragging into its second month as of April 2026, continues to exert mounting pressure on the U.S. economy through energy shocks…
Read More “Mounting costs of Iran war strain U.S. finances” »
A cargo ship sails in the Persian Gulf toward the Strait of Hormuz on April 22, 2026. Image for representational purposes only. | Photo Credit: AP Iran’s Revolutionary Guards on Wednesday (April 22, 2026) said their naval forces had seized two container ships seeking to cross the blockaded Strait of Hormuz, directing them towards the…
Read More “India-bound ship among two vessels ‘seized’ by Iran Guards in Strait of Hormuz” »