Middle East conflict disrupting supply chains, energy flows; Indian economy resilient: CII
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
Iran warns Strait of Hormuz will be “completely closed” if US targets power plants
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
Iranian Navy guided Indian Tanker through Hormuz, crew member says
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,
Hormuz naval escorts will not ensure vessel transits through Hormuz: IMO head
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,
Iran ready to let Japanese vessels transit Strait of Hormuz,
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
How can Strait of Hormuz shipping blockage be solved?
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
CMA CGM starts bypassing Hormuz by deploying emergency multimodal solutions
MARSEILLE: CMA CGM is deploying emergency multimodal solutions for its customers to support supply chains in the United Arab Emirates and the northern Gulf (Iraq, Bahrain, Qatar, Kuwait) without transiting through the Strait of
West Asia crisis impact limited so far, but risks rise if Strait of Hormuz disruption prolongs: Jefferies
NEW YORK: The ongoing West Asia crisis has not yet triggered a sharp market correction, but risks to energy-dependent economies like India could intensify if disruptions in the Strait of Hormuz persist, according to