The United Nations Security Council is set to review a draft resolution submitted by Bahrain addressing maritime security in the Strait of Hormuz. Bahrain’s Foreign Minister Abdullatif bin Rashid Al Zayani said the move
With the Strait of Hormuz already under strain, Iran has signalled it could widen the pressure by turning its focus to another critical global shipping route – the Bab el-Mandeb Strait, raising fresh concerns
OSLO: Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on every major East-West trade lane have risen sharply, showing this is a conflict
NEW DELHI : 2,000 ships, 20,000 sailors, food and water running out, and a blockade with no end in sight — as the war in the Middle East enters its fifth week and Iran’s
MARSEILLE : A container ship declaring itself to have a French owner passed through the choked Strait of Hormuz on Thursday, a development that came after France President Emmanuel Macron took a dig at
MUMBAI : Hyundai Motor said on Friday (April 3, 2026) that exports to Europe and North Africa, which typically transit through the West Asia, were being disrupted by the conflict in the region, underscoring
NEW DELHI : Amid the oil shock and supply chain disruptions triggered by the U.S.-Israel war on Iran, Russia has assured that its energy companies have the capacity to “steadily increase” the supply of
TEHRAN : Three tankers broadcasting Omani ownership appeared to enter the Strait of Hormuz by hugging their home country’s coastline, indicating a different route to a northerly path through Iranian waters. Two oil supertankers
TOKYO: ClassNK has granted its “AUTO-Nav2(All)”*1 notation to domestic liner container ship “Genbu,” the only newly constructed autonomous ship under the MEGURI2040 Fully Autonomous Ship Program*2 by The Nippon Foundation. This notation identifies ships equipped with
NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head – Commodity,