The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
Two oil tankers caught fire near Iraq after being struck by an "unknown projectile," with UKMTO reporting all crew are "evacuated and safe." This follows a surge in maritime attacks amid regional conflict, drawing a sharp response from India and warnings from President Trump regarding the
According to Iranian state media, Iran has intensified its restrictions on the passage of ships through the Strait of Hormuz amid ongoing US-Israeli strikes.
India on Wednesday expressed concern over attacks targeting commercial shipping in the ongoing West Asia conflict, following missile strikes on a Thai-flagged cargo vessel in the Strait of Hormuz earlier today.
The government held a high-level interaction with the National Shipping Board (NSB) to address emerging challenges in India's shipping sector and review measures to strengthen maritime capacity amid evolving global geopolitical and trade dynamics, Ministry of Ports, Shipping and Waterways
A Thai-flagged cargo vessel was struck by missiles near the Strait of Hormuz on Wednesday, leaving three crew members unaccounted for, while 20 others were rescued by the Royal Navy of Oman, the Bangkok Post reported, citing the Royal Thai Navy.
The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.
As per the Ministry of Ports, Shipping and Waterways, the proposal of Syama Prasad Mookerjee Port, Kolkata for renovation of the historic Bascule Bridge at the Kolkata Dock System (KDS) was appraised by the Delegated Investment Board (DIB), chaired by the Secretary, Ministry of Ports, Shi
Mumbai (Maharashtra) [India], March 10: Norwegian Cruise Line® (NCL), the global leader in innovative cruise travel, took delivery of Norwegian Luna™, the 21st ship in its award-winning fleet, from Fincantieri, a global leader in high-complexity shipbuilding, at its shipyard in Marghera, Ita
United States President Donald Trump on Tuesday warned Iran against attempting to disrupt global oil supplies, saying Washington would respond with overwhelming force if Tehran tried to interfere with energy shipments through the strategically vital Strait of Hormuz.
"The Central Government has assessed that the ongoing conflict in the Middle East has resulted in the "disruption of liquefied natural gas shipments through the Strait of Hormuz", which has led to suppliers invoking force majeure clause which would entail diversion of natural gas to the prio
The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.