Crude oil could hit $150 in extreme scenario, trigger global intervention: Vandana Bharti, SMC Global Securities
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,
Ship Recycling Market under Strain as Geopolitical Factors Weigh on Economics
By Mr. Rakesh Khetan, CEO, Wirana Shipping The global ship recycling market is moving into a more difficult quarter, with rising costs, rising steel prices, possible slowdown in local steel demand, energy shortages and
Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’
LONDON: If you’d never heard of the Strait of Hormuz before, you probably have by now. Iran’s effective closure of the waterway, which usually carries about 20% of the world’s oil and gas, has
Middle East Conflict: Straits of Hormuz Transits 95% Down
LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued at 10.00 am 30th March, Steve
“Challenging times”, says PM on West Asia crisis during Mann ki Baat
NEW DELHI: Prime Minister Shri Narendra Modi on Sunday (March 29, 2026) noted that the situation in West Asia had created “challenging times” and called for those “politicising” the issue to refrain from doing so. He
Finance Ministry flags rising external risks as trade deficit and CAD expand
NEW DELHI: External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministry’s Monthly Economic Review for March 2026 pointing to a deterioration
Hormuz route opened for India: Iran FM Araghchi
MUMBAI / TEHRAN: Iranian Foreign Minister Abbas Araghchi on Thursday said that they have permitted the passage of vessels for friendly countries, including India, through the Strait of Hormuz. Consulate General of Iran in
Iran War Confirmed Vessel Attacks and Maritime Infrastructure Strikes: WINDWARD
TEL AVIV: Number of confirmed incidents: 30 (20 vessels and 10 oil, gas, and port facilities). At a Glance A Growing Attack Pattern Across Commercial Shipping Since the start of the Iran war, maritime security incidents have expanded