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A US-sanctioned tanker linked to China, closely monitored as one of the first vessels to test President Donald Trump’s naval blockade, appeared to reverse course after passing through the Strait of Hormuz early Tuesday.According to vessel-tracking data compiled by Bloomberg, the tanker Rich Starry transited Hormuz before turning around later in the Gulf of Oman….
NEW DELHI: Prime Minister Narendra Modi on Tuesday received a phone call from US President Donald Trump, during which the two leaders reviewed bilateral ties and the situation in West Asia.PM Modi said in a post on X, “Received a call from my friend President Donald Trump. We reviewed the substantial progress achieved in our…
The United States has formally begun enforcing a naval blockade targeting Iranian ports and shipping routes in the Strait of Hormuz. Announcing the move, US President Donald Trump said American forces would “blockade any and all ships” attempting to enter or leave Iranian-controlled waters.The blockade came into effect on Monday, with US Central Command confirming…
The Middle East crisis continues to choke energy supplies across the world and push crude prices higher, swinging around $100 per barrel mark. However, even though input costs for energy continue to rise, fuel prices remain unchanged in India, pushing state-run oil marketing companies under mounting losses.Losses are estimated at around Rs 18 per litre…
After a month-long war and depleted infrastructure, economic strains can multiply for Iran following Unites States’ decision to blockade its ports at the Strait of Hormuz after the talks between both the sides faltered in Pakistan last weekend.The blockade could cost Iran up to $435 million or Rs 4,081 crore a day in economic damage,…
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…
President Donald Trump threatened to block ships from entering and leaving the Strait of Hormuz, even though Iran has already been limiting access to the same waterway, in a move aimed at increasing pressure while risking further disruption to global oil flows.“Effective immediately, the United States Navy, the Finest in the World, will begin the…
