TagsStrait of Hormuz

Tag: Strait of Hormuz

India prepares to send oil tankers through Strait of Hormuz amid Iran conflict

Container Shipping
NEW DELHI : India is preparing to send vessels through the Strait of Hormuz to load up energy cargoes from suppliers in the Middle...

Drone attack injures four at Dubai Airport as Iran escalates Gulf operations

Airstrikes
DUBAI : West Asia tensions are escalating sharply. Iran has targeted commercial shipping in the Persian Gulf and attempted strikes on aviation infrastructure in...

Strait of Hormuz closure causes Diet Coke shortage in India as food brands brace for wider impacts

Business
NEW DELHI : With the war between the US and Iran in its third month, major food and beverage companies are feeling the brunt...

India taps Oman to rescue $11.8 billion food exports to West Asia

EXPORT
NEW DELHI : Amid the prolonged conflict rattling West Asia, India is looking to Oman for continuation of its vital trade in essential foods...

Iran plans new managed Hormuz transit mechanism, ‘necessary fees’ for specialised services

Business
TEHRAN : Iran is preparing to roll out a new mechanism to regulate maritime traffic through the Strait of Hormuz, Reuters reported on Saturday,...

UAE plans new pipeline to bypass Hormuz and double oil exports by 2027

EXPORT
ABU DHABI : The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by 2027, as it...

IOC LPG cargoes cross Hormuz safely amid West Asia crisis; Govt says fuel supplies remain stable

Cargo
NEW DELHI: Two LPG cargo vessels carrying supplies for India have safely crossed the Strait of Hormuz and are expected to arrive at Indian...

Iran redefines Strait of Hormuz as 500-km strategic operational area, says IRGC

Global Trade
TEHRAN : IRGC Navy says the Strait of Hormuz is no longer a narrow passage but a vast 500-km operational zone stretching across key...

Aramco sees 100 million-barrel oil loss each week Hormuz is shut

Fuel
Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made...

4th Korean oil tanker successfully transits through Red Sea

Foreign Ports
SEOUL : A Korean vessel has successfully passed through the Red Sea and is currently en route home, marking the fourth oil shipment of...
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