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Trump has warned that any ship in international waters that had paid transit fees to Iran could be intercepted. (AI image) The Donald Trump administration has implemented a blockade of the Strait of Hormuz amid the US-Iran ceasefire even as peace talks have failed. What does this blockade of the crucial Strait of Hormuz by…
Screengrab from video, shared by Iran consulate in Mumbai, on X NEW DELHI: Iran pushed back on US President Donald Trump’s claim that its navy was “finished” by showcasing its fast missile boats and referencing a Shah Rukh Khan movie dialogue.In a social media post, slamming Trump and sharing a video of their navy vessels,…
Oil prices eased below the $100 per barrel mark on Tuesday on hopes of easing United States–Iran talks aimed at ending the ongoing war. The news provided some relief amid fears over supply disruptions due to the Strait of Hormuz blockade.Brent crude futures slipped $1.86, or 1.87%, to $97.50, while US West Texas Intermediate (WTI)…
Any restrictions to the flow of crude oil in the world markets will raise prices, in turn causing import bills of dependent economies like India to balloon. (AI image) Will the Donald Trump administration’s move to blockade the Strait of Hormuz impact India and China? The US has begun the blockade of the all important…
Iran said that it has “good contact” with India over the passage of ships from the Strait of Hormuz and wants to help New Delhi with navigation. It also denied charging toll for Indian tankers while transiting through the Strait of Hormuz.Iranian ambassador to India, Mohammad Fathali, in a press briefing, said that Iran and…
Global markets were rattled after US President Donald Trump’s announcement of naval blockade in the Strait of Hormuz. The immediate fallout was visible in Asian trading, where stocks in Japan and South Korea opened lower as investors reacted to the escalation. At the same time, crude oil prices surged sharply, with Brent and WTI jumping…
US President Donald Trump. (AP photo) Iran on Monday mocked US President Donald Trump by ridiculing his blockade announcement earlier that day with a meme that said ‘Break an enemy blockade by blockading their blockade.’Along with the meme, Iran also took a dig at Trump by writing in his style. “I have, believe me, 100…
Two supertankers carrying Iranian crude have anchored off India’s eastern and western coasts, marking a potential resumption of such imports after nearly seven years, even as the US steps up efforts to restrict Tehran’s oil exports.Ship-tracking data, cited by Bloomberg show that the Felicity, a very large crude carrier owned by the National Iranian Tanker…
As Donald Trump threatened a naval blockade on Iran, Tehran responded with a stark warning on rising fuel costs. Iran’s Parliament Speaker Mohammad Bagher Ghalibaf said global consumers would soon feel the impact, writing on social media, “Enjoy the current pump figures. With the so-called ‘blockade’, soon you’ll be nostalgic for $4–$5 gas.”The post also…
TOI correspondent from Washington: The US military said it will begin enforcing President Trump-announced blockade of the Hormuz Strait at 10 am EST on Monday (730 pm IST), while clarifying that the embargo will only apply to vessels entering or departing Iranian ports and not other Gulf entrepots. “CENTCOM forces will not impede freedom of…
