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Tag: Strait of Hormuz

Oil falls as supply moves through Strait of Hormuz after Iran war pact

Posted on June 19, 2026 By admin
Oil falls as supply moves through Strait of Hormuz after Iran war pact

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on June 18, 2026. | Photo Credit: REUTERS Oil prices fell on ​Friday (June 19, 2026) as prospects brightened for more supply after oil tankers began moving through ‌the reopening Strait of Hormuz following a peace deal between ​the United States and Iran. By…

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Business

What the 14-point MoU between Iran and the U.S. means for shipping

Posted on June 17, 2026 By admin
What the 14-point MoU between Iran and the U.S. means for shipping

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The 14-point Memorandum of Understanding that Iran and the U.S. have agreed upon put out by Al Arabiya English gives several commitments by the U.S. and Iran for shipping and transits through the Strait of Hormuz. The U.S. has lifted the Naval blockade and…

Read More “What the 14-point MoU between Iran and the U.S. means for shipping” »

Business

U.S. says Hormuz to be toll-free under Iran deal

Posted on June 16, 2026 By admin
U.S. says Hormuz to be toll-free under Iran deal

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…

Read More “U.S. says Hormuz to be toll-free under Iran deal” »

World

Indian commercial ships should avoid Shinas Anchorage, shipworkers’ union tells Centre

Posted on June 15, 2026 By admin
Indian commercial ships should avoid Shinas Anchorage, shipworkers’ union tells Centre

Representational file image. | Photo Credit: Reuters Forward Seamen’s Union of India (FSUI), a trade union of employees working on commercial ships, has written to Prime Minister Narendra Modi, demanding that the Union government issue immediate advisories to all Indian shipping companies and vessels to exercise extreme caution or avoid the Shinas Anchorage maritime zone…

Read More “Indian commercial ships should avoid Shinas Anchorage, shipworkers’ union tells Centre” »

Business

Stock markets surge tracking global rally, drop in oil prices as U.S., Iran reach peace deal

Posted on June 15, 2026 By admin
Stock markets surge tracking global rally, drop in oil prices as U.S., Iran reach peace deal

Image used for representational purposes. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty surged in early trade on Monday (June 15, 2026), mirroring a rally in global equities and a sharp decline in crude oil prices, after the U.S. and Iran finalised a deal to end their 107-day war. The 30-share…

Read More “Stock markets surge tracking global rally, drop in oil prices as U.S., Iran reach peace deal” »

Business

Will not allow illegal oil shipments from Iran, U.S. tells India

Posted on June 13, 2026 By admin
Will not allow illegal oil shipments from Iran, U.S. tells India

U.S. Secretary of State Marco Rubio. File | Photo Credit: AP U.S. Secretary of State Marco Rubio told External Affairs Minister S. Jaishankar on Friday (June 12, 2026) that violations of the American blockade and the “illicit transport of Iranian oil” would not be tolerated, amid mounting tensions over U.S. military strikes on ships carrying…

Read More “Will not allow illegal oil shipments from Iran, U.S. tells India” »

Nation

Violations of U.S. blockade in Strait of Hormuz will not be tolerated: Rubio tells Jaishankar

Posted on June 13, 2026 By admin
Violations of U.S. blockade in Strait of Hormuz will not be tolerated: Rubio tells Jaishankar

U.S. Secretary of State Marco Rubio. File | Photo Credit: AP U.S. Secretary of State Marco Rubio has said that any violation of the American blockade and illicit transport of Iranian oil through the Strait of Hormuz will not be tolerated. The statement came following his discussion on “recent events” in the critical strait with…

Read More “Violations of U.S. blockade in Strait of Hormuz will not be tolerated: Rubio tells Jaishankar” »

World

Donald Trump accuses Iran of attacking Indian ships; Tehran rejects charge as ‘baseless’

Posted on June 13, 2026 By admin
Donald Trump accuses Iran of attacking Indian ships; Tehran rejects charge as ‘baseless’

A visual of the commercial vessel with Indian seafarers reportedly on board, attacked off the coast of Oman near the Shinas Port. Image used for representation purpose only. Photo: FSUI/ANI U.S. President Donald Trump accused Iran of carrying out drone attacks against Indian ships leaving the Strait of Hormuz, describing the alleged action as “totally…

Read More “Donald Trump accuses Iran of attacking Indian ships; Tehran rejects charge as ‘baseless’” »

World

West Asia war LIVE: U.S. forces shoot down Iranian attack drones, source says

Posted on June 13, 2026 By admin
West Asia war LIVE: U.S. forces shoot down Iranian attack drones, source says

Hezbollah said on Friday (June 13, 2026) its fighters had confronted Israeli forces advancing towards a southern Lebanese town, as Israel pressed on with its strikes in Lebanon. In a statement, Hezbollah said its fighters first targeted Israeli troops advancing towards Majdal Zoun, around 5 km from the western side of the border, on Thursday…

Read More “West Asia war LIVE: U.S. forces shoot down Iranian attack drones, source says” »

World

​Strategic stalemate: On the U.S.-Iran conflict

Posted on June 12, 2026 By admin
​Strategic stalemate: On the U.S.-Iran conflict

President Donald Trump’s decision to back off from striking Iran, just hours after threatening to seize the country’s Kharg Island, underscores the dilemma he faces in dealing with Tehran. Mr. Trump, who launched the conflict with his ally Benjamin Netanyahu of Israel on February 28, now wants to end it through talks. But Iran, which…

Read More “​Strategic stalemate: On the U.S.-Iran conflict” »

World

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