White House Press Secretary Karoline Leavitt on Tuesday (local time) said that the United States has not escorted any vessels or tankers via the Strait of Hormuz amid the developing security situation in West Asia and the Gulf.
US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around 7 per cent, after crude oil prices surged sharply amid escalating geopolitical tensions in West Asia.
India currently maintains a combined energy buffer of over 250 million barrels of crude oil and refined petroleum products, equivalent to approximately 4,000 crore litres, according to a government report. This stockpile provides seven to eight weeks of coverage across the full supply chain,
NITI Aayog, the central government's premier policy think tank, has signalled a strengthened commitment to transforming India into a global electronics powerhouse through strategic industry partnerships. Posting on its X account, Niti Aayog said, "NITI Aayog Vice Chairman Suman Bery met with
Escalating tensions due to the West-Asia conflict involving Iran have heightened risks to global energy supply chains, particularly around the strategic Strait of Hormuz, raising concerns for major Asian importers, including India, according to a report by Goldman Sachs.
"If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States' ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH - More actions t
The Institute for the Study of War- a leading international policy research organization observed that the US-Israeli strikes into Iran on Monday struck the Natanz Nuclear facility, causing severe damage to at least three buildings.
"The Embassy of India expresses its deepest condolences on the tragic demise of an Indian national on board MKD Vyom. The Embassy is in close coordination with the local authorities in Oman to facilitate the safe and early repatriation of our nationals on board the vessel. We remain commi
The stock markets in the country tanked in the opening session on Monday as rising tensions and military escalations in the Middle East dented investor sentiment sharply.
French and Belgian forces intercepted a "shadow fleet" oil tanker in the North Sea to enforce sanctions against Russia. Following a helicopter-assisted boarding by special forces, the vessel is being escorted to Zeebrugge for seizure, aiming to cut off funding for the war in Ukraine.