TagsStrait of Hormuz

Tag: Strait of Hormuz

Iran conflict raises new credit risks for emerging markets, including India: Fitch

Business
NEW DELHI: The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies,...

UAE tugboat sinks in Strait of Hormuz; 3 Indonesian crew members missing

Uncategorized
JAKARTA: Jakarta’s foreign ministry on Saturday (Mar 7) said that three Indonesian crew members were missing after a United Arab Emirates-flagged tugboat sank in...

Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs

Association
NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export...

Global trade reroutes to Africa as Hormuz traffic plunges 90%

Export - Import
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global...

US permits 30-day waiver for India to purchase Russian Oil, as conflict puts stress on Strait of Hormuz supply route

Fuel
WASHINGTON : With the crisis in the Gulf severely hampering shipping routes that pass through the Strait of Hormuz, the United States on Thursday...

Iran to allow Only Chinese Vessels through Strait Of Hormuz: Sources

International Shipping
TEHRAN: Iran has said it will allow only Chinese vessels to pass through the Strait of Hormuz as an expression of gratitude for Beijing's...

Attack on oil tanker ‘Skylight’ highlights risks to Indian seafarers in Persian Gulf route

Foreign Ports
OMAN: Iran has attacked an oil tanker 'Skylight' passing through the Strait of Hormuz near the coast of Oman, as it retaliates with all...

Saudi’s Aramco explores Oil Exports from Red Sea to avoid Strait of Hormuz

EXPORT
DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that's situated outside the Persian...

Hapag-Lloyd suspends Strait of Hormuz Transits amid Security Closure

Export - Import
HAMBURG: Due to the conflict in the Middle East and the official closure of the Strait of Hormuz (SOH) by relevant authorities amid the...

‘Strait of Hormuz must not be allowed to shut down’ says Safesea Group Chairman Dr S.V. Anchan

Cargo
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over...
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