TEHRAN : IRAN has introduced mandatory insurance for all vessels transiting the Strait of Hormuz, requiring shipowners to obtain coverage approved — and initially provided free — by Tehran’s newly created Persian Gulf Strait
It no longer takes a full scale war to disrupt global trade. A missile strike near a busy shipping lane, a drone spotted at sea or even talk of escalation can send shockwaves across
TEL AVIV: Israel and Hezbollah agreed to renew a fragile ceasefire in Lebanon on Friday after 24 hours of intense violence that posed an early challenge to the new agreement between the US and Iran to
BANDAR ABBAS : Oil flows going through the Strait of Hormuz may recover to only about 70 per cent of their pre-war level, according to Goldman Sachs Group Inc, which highlighted regional producers leaning
WASHINGTON DC: The US Central Command (CENTCOM) on Thursday (local time) announced that the United States has lifted its maritime blockade on all traffic entering and exiting Iranian ports and coastal areas, marking a
NEW DELHI: The signing of the historic US-Iran Memorandum of Understanding is a significant breakthrough that promises to reshape global trade dynamics. For the Indian export-import community, this development is an macro-economic breather, acting
NEW DELHI: Rating agency ICRA projects India Inc. to witness moderation in its revenue growth to mid-to-high single digit in Q1 2026-27 (against a 13.2% YoY growth in Q4 2025-26) and a contraction in
EVIAN : Prime Minister, Shri Narendra Modi, has expressed delight that the India-UK Comprehensive Economic and Trade Agreement will enter into force on 15 July 2026. The Prime Minister said that the agreement will
NICE : Commerce and Industry Minister Shri Piyush Goyal urged investors, corporates and venture capital funds to start investing in India before it is “too late“, saying the country’s investment ecosystem is ready, the
EVIAN : Prime Minister Shri Narendra Modi and Prime Minister Mark Carney of Canada met on the sidelines of the G7 Summit in Evian, France, on 16 June 2026. The two Prime Ministers welcomed