Exporters may use other routes if Iran blocks Strait of Hormuz
NEW DELHI : The dramatic escalation in the Iran-Israel war with the entry of the US has aggravated the uncertainty over India’s foreign trade in goods, with the possibility of navigation in Strait of Hormuz and Red Sea
Iran–Israel war could shut Bandar Abbas port, push up air freight rates: Exporters tell Govt
NEW DELHI : Indian exporters on Friday urged the government to plan alternate shipping routes to West Asia, warning that the escalating Iran–Israel war could lead to the closure of Iran’s largest port, Bandar
Iran may decide closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk
WASHINGTON : Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows. The move, which could block $1 billion in
Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages
NEW YORK : Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf. Marine insurers are now charging 0.2% of the
India’s commerce secretary holds meeting on Iran-Israel conflict’s trade fallout: Sources
NEW DELHI : According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and air-cargo sectors to discuss the impact of the Iran-Israel conflict on India’s trade and
Iran’s options against Foreign aggression include closing Strait of Hormuz, Lawmaker says
LONDON : Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament said this would only
DG Shipping issues Advisory for Indian Seafarer and Indian-flagged vessels operating in Iranian Ports amid Iran-Israel conflicts
MUMBAI : The Directorate General of Shipping issues advisory in reference to the alert from the Embassy of India, Tehran, Ministry of External Affairs, dated 13th June 2025 in view of the ongoing escalation
Adani’s Haifa Port unaffected by Iranian Missile Strikes, Operations Normal: Report
JERUSALEM : Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel’s Haifa