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As the Middle East crisis escalate and Iran continues to choke Strait of Hormuz, Saudi Arabia has moved to pitched another option to its long-term oil buyers. The kingdom is offering long-term buyers the choice to receive their April crude shipments through its Red Sea port of Yanbu, amid ongoing disruptions in the Strait of…
Diplomacy over deployment. (Ians file photo of Jaishankar) NEW DELHI: India is stepping up diplomatic engagement with Iran to restore shipping through the strategic Strait of Hormuz, positioning dialogue with Tehran as an alternative to the military approach advocated by US president Donald Trump.New Delhi has hailed its direct talks with Iranian authorities as the…
S Jaishankar (PTI file photo) NEW DELHI: India hailed its direct talks with Iran as the “most effective way” to restart shipping through the disrupted Strait of Hormuz, which has affected global supplies, while Tehran allowed Indian-flagged vessels to pass through the route.In an interview with the Financial Times, external affairs minister S Jaishankar praised…
US President Donald Trump US President Donald Trump’s call to seven countries to send warships to help keep the Strait of Hormuz open has drawn a negative response from Washington’s allies, putting his plans in jeopardy.While he named China, Britain, France, Japan and South Korea in a social media post on Saturday, urging them to…
US President Donald Trump said Sunday (US local time) that he has demanded about seven countries send warships to help keep the Strait of Hormuz open amid the ongoing war with Iran.Trump’s statement came amid reports that he is set to announce a global coalition to escort ships through the Strait of Hormuz, through which…
US President Donald Trump is preparing to announce the formation of an international coalition to escort commercial vessels through the Strait of Hormuz as tensions with Iran escalate.US officials told the Wall Street Journal that the White House’s announcement could come as soon as this week. It is not yet clear whether the escort missions…
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history, is likely to provide only limited relief if the Strait of Hormuz remains closed, according to an analysis by S&P Global Energy, as global markets continue to reel from the supply shock triggered by…
Iranian foreign minister said on Saturday that the Strait of Hormuz remains open to all countries except its “enemies”- United States and Israel- following US airstrikes on its Kharg Island oil hub.“As a matter of fact, the Strait of Hormuz is open,” FM Abbas Araghchi said.“It is only closed to the tankers and ships belong[ing]…
Indian Navy warships deployed in the Gulf region as part of the continuing Operation Sankalp are keeping a constant vigil on India-bound cargo vessels in the Strait of Hormuz area.“A warship deployed in that region (off the Oman coast) is still monitoring the situation and keeping a close watch on India-bound cargo ships,” a source…
US President Donald Trump on Saturday (US local time) called on nations to send warships to help keep the Strait of Hormuz open for shipping as Iranian forces continue their retaliation campaign amid US and Israeli attacks on Iran.In a post on Truth Social, Trump said, “The countries of the World that receive Oil through…
