Latest News, Updates & Breaking Headlines
China’s key maritime vulnerability starts at the Strait of Hormuz rather than the Strait of Malacca, creating a fresh arena of strategic competition in the Indian Ocean involving Beijing, India, France and the United States, according to a new report released ahead of the Shangri-La Dialogue security summit in Singapore.The London-based International Institute for Strategic…
Saudi Arabia is leveraging the Iran war to accelerate its ambitions of becoming a regional energy and logistics hub, even as the conflict disrupts global trade and weighs on economic growth across the Gulf.Since fighting began on February 28, shipping through the Strait of Hormuz has been heavily restricted, forcing Gulf states to rely on…
Global crude oil prices could surge to as high as $200 per barrel in a worst-case scenario if the Strait of Hormuz remains closed through the end of 2026, according to a report.As per a report by Wood Mackenzie, a prolonged disruption in the strategic waterway could trigger a severe global energy and economic crisis.The…
President Donald Trump on Thursday said the United States has “total control” of the Strait of Hormuz through its naval blockade and vowed that Washington would recover Iran’s stockpile of highly enriched uranium, warning Tehran against pursuing a nuclear weapon.Speaking at the White House, Trump said, “We have total control of Strait of Hormuz with…
NEW DELHI: India is preparing to send ships through the strategically vital Strait of Hormuz to secure crude oil and energy cargoes from Middle Eastern suppliers as disruptions caused by the Iran war continue to strain global energy markets, according to a Bloomberg report citing people familiar with the matter.The report said the plans have…
As shipping in the Strait of Hormuz continues to be disrupted due to the Middle East crisis, defence companies and marine contractors are planning to deploy uncrewed mine-clearing systems in and around the narrow waterway.According to a report by the Financial Times, the United Kingdom will send autonomous minehunting vessels built by Canada’s Kraken Robotics…
The Marshall Islands-flagged tanker Symi, an LPG carrier transporting nearly 20,000 tonnes of liquid propane and butane, has safely docked at Deendayal Port in Kandla. The vessel crossed the Strait of Hormuz on May 13, marking another crucial movement of energy supplies through the key maritime route amid the ongoing Middle East crisis. The vessel…
Iran’s Revolutionary Guards said around 30 ships had crossed the Strait of Hormuz with Tehran’s permission since Wednesday evening, signalling a limited easing of restrictions on one of the world’s most important energy routes. Iranian media reported that several Chinese vessels were among those allowed through after what officials described as close coordination between Beijing…
India’s demand for natural gas has been climbing steadily as the country seeks to raise the share of gas in its overall energy basket. (AI image) As concerns surrounding the Strait of Hormuz intensify, India is fast-tracking efforts to secure uninterrupted gas imports from the Gulf through a direct subsea pipeline. With energy security emerging…
The disruption in the Strait of Hormuz amid the Iran conflict has triggered a major disruption in the supply of bunker fuel for Asia, the heavy residual oil that powers most of the world’s cargo ships. It has raised concerns over higher freight costs, supply chain disruptions and rising consumer prices globally.Bunker fuel, a thick…
