TagsStrait of Hormuz Crisis

Tag: Strait of Hormuz Crisis

US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalation

FLORIDA: The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the...

Middle East Crisis: Why Are Freight Rates Rising in Waves and what’s next? Xeneta Chief Analyst Answers

OSLO: Latest data shows containerized imports into the Middle East collapsed in the month immediately following the escalation of conflict at the end of...

Businesses face huge spike in shipping costs as Hormuz fuel crisis deepens

SHANGHAI : Businesses around the world are confronting a painful – and potentially long-lasting – rise in costs amid the US-Israel war on Iran,...

Hormuz flows may remain in limbo even after conflict ends: experts

NEW YORK: The war in Iran could end in a scenario in which control of traffic through the Strait of Hormuz remains in limbo,...

RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath

MUMBAI: The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before...

Geopolitics boost freight rates but pose challenges to shipowners elsewhere

NEW YORK: Geopolitical conflicts have pushed up vessel earnings while creating obstacles for shipping companies in crewing and making mid- and long-term investments, several...

Transits through Strait of Hormuz remain limited as Iran-US peace talks fizzle

HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend,...

Hormuz disruption remains most consequential variable for India’s external, price outlook: Finance Ministry review

NEW DELHI: The duration of the disruption in the Strait of Hormuz remains the "single most consequential variable" for India's external sector and inflation...

Government making all efforts to ensure availability of Petrol, Diesel and LPG, steps taken against diversion

NEW DELHI: The government is working to strengthen fuel security through strategic reserves and ensuring uninterrupted supply, even as steps continue to be taken...

Iran’s IRGC says 28 ships passed through Hormuz in the last 24 hours

TEHRAN: Iran's Islamic Revolutionary Guard Corps (IRGC) on Sunday said that 28 ships, including oil tankers, container vessels, and other commercial ships, passed through...

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