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About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms. Many of the vessels that passed through the…
U.S. President Donald Trump has delayed his summit with Xi Jinping amid the escalating West Asia conflict. Despite the delay, both sides called recent Paris talks between Scott Bessent and He Lifeng “constructive.” What this means for global trade and US-China relations—explained. Published – March 17, 2026 08:26 pm IST Source link
Iran and U.S. have been in direct contact in recent days: report A direct communications channel between U.S. Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi has been reactivated in recent days, Axios reported on Monday (March 16, 2026), citing a U.S. official and a source with knowledge of the matter. Axios said it…
European countries have resisted U.S. President Donald Trump’s demand for help in clearing the Strait of Hormuz, showing reluctance to get dragged into the escalating U.S.-Israeli war on Iran Source link
Japan has no plan to dispatch naval vessels to escort vessels in West Asia, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to protect tankers traversing through the Strait of Hormuz. “We have not made any decisions whatsoever about dispatching escort ships. We are continuing to examine what…
External Affairs Minister S. Jaishankar. File. | Photo Credit: ANI Minister of External Affairs S. Jaishankar has hailed direct talks with Iran as the most effective way to restart shipping through the Strait of Hormuz, in an interview with the Financial Times published on Sunday (March 15, 2026). U.S. President Donald Trump on Saturday (March…
U.S. President Donald Trump said he hoped allies would send warships to secure the vital Strait of Hormuz while Iran urged people to evacuate three ports in the United Arab Emirates as its war with the United States and Israel showed no signs of ending. Iran’s call to evacuate West Asia’s busiest port and two…
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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…
U.S. President Donald Trump | Photo Credit: AP U.S. President Donald Trump on Saturday (March 14, 2026) urged other nations to send ships to help secure the Strait of Hormuz, the critical chokepoint for global oil supplies disrupted by the West Asia war. Mr. Trump, who has said the United States will soon start escorting…
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Jindal Stainless said disruptions in global shipping routes are resulting in vessel diversions, longer transit times, and cargo delays, which are also placing additional pressure on supply chains and margins. | Photo Credit: Reuters India’s biggest stainless steel manufacturer Jindal Stainless Ltd said several processes across its plants have been adversely impacted due to shortage…