TagsStrait of Hormuz

Tag: Strait of Hormuz

3 Ships including Iranian vessel attempt to cross Hormuz despite Blockade

Global Trade
TEHRAN : Three vessels - two cargo ships and a fuel tanker - appeared to be attempting to transit the Strait of Hormuz early...

Iran War derails India’s IMEEC & INSTC trade routes: Hormuz closure pauses Delhi’s connectivity ambitions

Global Trade
TEHRAN : If anything, the ongoing conflicts in the Middle East have reaffirmed the intensified weaponization of the trade routes. The Strait of Hormuz...

Gulf Trade Exposure Index: Nations at greatest risk from Hormuz Strait closure

Global Trade
The war with Iran has laid bare one of the global economy's most exposed fault lines. For nearly two months, traffic through the Strait...

Good news for shipping sector: Cabinet clears Rs 12,980 crore maritime insurance pool amid Hormuz tensions

Business
NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid...

India invited to join UK–France maritime initiative for Strait of Hormuz security

Global Trade
NEW DELHI : India has officially confirmed that it has been invited to take part in a maritime initiative led by the United Kingdom...

Shashi Tharoor spots silver lining as Hormuz tensions boost Kerala’s Vizhinjam Port traffic

Foreign Ports
THIRUVANANTHAPURAM : Amid rising tensions in the Strait of Hormuz disrupting global shipping routes, Congress MP Shashi Tharoor has highlighted an unexpected opportunity for...

Iran reopens Strait of Hormuz as Trump says US blockade will continue until deal is made

Foreign Ports
TEHRAN : Iran's Foreign Minister Abbas Araghchi announced that the Strait of Hormuz will be "completely open" for the remaining period of the ceasefire....

President Macron calls PM Modi, urges urgent restoration of navigation safety in Strait of Hormuz

Foreign Ports
NEW DELHI : French President Emmanuel Macron spoke with Prime Minister Shri Narendra Modi over the phone and discussed the situation in West Asia,...

Iran may offer free passage to ships through Oman side of Hormuz

Global Trade
TEHRAN : Iran could consider allowing ships to sail freely through the Oman side of the Strait of Hormuz without risk of attack as...

Govt steps up diplomacy to secure key shipping routes, including Hormuz

Global Trade
NEW DELHI : The Ministry of External Affairs (MEA) on Wednesday said the government has intensified high-level diplomatic engagement to safeguard India’s economic interests...
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