NEW DELHI: The ongoing conflict in West Asia is disrupting global supply chains and putting pressure on energy markets, affecting imports and exports worldwide, according to the Confederation of Indian Industry (CII). In a
NEW MANGALORE: The New Mangalore Port Authority (NMPA) has reaffirmed its critical role in supporting India’s energy security with the recent arrival of two major energy carriers at the port, underscoring the nation’s preparedness
TEHRAN: Iran on Sunday warned that the strategic Strait of Hormuz would be “completely closed” and the energy infrastructure of Israel and the Gulf countries in the region that host American bases would be
NEW DELHI: Union Commerce and Industry Minister Shri Piyush Goyal held a virtual meeting with the Mexican Secretary of Economy, Marcelo Ebrard, on Saturday. The discussion focused on deepening the economic ties between the
NEW DELHI : Mr S C Ralhan, President, Federation of Indian Export Organisations (FIEO) has warmly welcomed the Government’s timely and proactive announcement of the RELIEF (Resilience & Logistics Intervention for Export Facilitation) initiative
RIYADH : The Saudi Ports Authority (Mawani) continues its support for vessels operating in the Arabian Gulf by launching an initiative through which it leverages its capabilities across ports in the Eastern Region to
HORMUZ : The Iranian Navy guided an Indian liquefied petroleum gas tanker through the Strait of Hormuz last week, allowing the vessel to pass on a pre-approved route following diplomatic engagement by New Delhi,
LONDON: Naval escorts for oil tankers and other merchant vessels through the Strait of Hormuz have limited power to restore the free flow of shipping through the critical chokepoint, as they cannot eliminate risk,
TEHRAN : Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reported, citing Iranian Foreign Minister Abbas Araqchi. Tehran has started
LONDON: Here are five ways that experts say commodities could begin moving again through the Strait of Hormuz, a crucial trade route currently blocked by Iranian forces in the Middle East war. US-led military