TagsWest Asia Conflict

Tag: West Asia Conflict

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

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

Container freight market tightens as carriers impose new surcharges and GRIs

Container
Global shipping markets remained under significant pressure at the beginning of June 2026 as continued disruption in the Gulf region matched with an earlier...

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

Trending News
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

Export - Import
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...

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

Business
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

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

‘Travel through designated routes’: Iran tightens grip on crucial Strait of Hormuz transit

Global Trade
TEHRAN : Iran has reasserted its sovereignty over the Strait of Hormuz, issuing a stern warning that both mercantile and naval vessels must strictly...

“India stands ready to support efforts to reduce tensions”: Ajit Doval calls for uninterrupted flow of trade through Hormuz, Red Sea

Business
MOSCOW: National Security Advisor Ajit Doval called for special attention to the situation in West Asia, emphasising the need to ensure the safe and...

Trump vows Iran deal; says ‘nobody controls Hormuz’

Export - Import
WASHINGTON DC: US President Donald Trump remained committed to striking a favourable ceasefire deal with Iran, warning that he "won't be outlasted" as he...

US military “redirected” 109 commercial vessels during Strait of Hormuz blockade

Export - Import
FLORIDA: In a significant escalation of maritime tensions in West Asia, the United States armed forces have intensified enforcement operations to choke off maritime...
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