shipping routes

April 09, New Delhi – Iran has announced alternative shipping routes through the Strait of Hormuz, warning vessels about potential risks from sea mines in the main transit lane, even as it prepares to partially reopen the strategic waterway.The Iranian Revolutionary Guards Navy (IRGC) released...

Washington, April 8 – The United States said that a shift in Iran’s leadership has altered its negotiating posture, with Secretary of War Pete Hegseth asserting that a “new regime” in Tehran has been forced to rethink its approach after sustained US military pressure.“This new regime… has a...

Seoul, April 8 – The South Korean government vowed Wednesday to make efforts to help South Korean vessels stranded in the Strait of Hormuz safely navigate the shipping route after the United States and Iran agreed to a two-week ceasefire with the full reopening of the crucial passage for oil...

Washington, April 8 – After announcing a two-week ceasefire with Iran, US President Donald Trump said on Wednesday that it was a "big day for World Peace". He said that Iran wanted this to happen because "they have had enough", while adding that Tehran can start the reconstruction.In a...

United Nations, April 7 UN Secretary-General Antonio Guterres is "concerned" by the social media post from US President Donald Trump that threatened American attacks on power plants, bridges, and other infrastructure if Iran does not agree to open the Strait of Hormuz, his spokesperson has said...

Addis Ababa, April 6 – The African Union (AU) and its partners have warned that the ongoing Middle East conflict poses a "serious risk" to African economies.In a joint policy brief, the AU, the United Nations (UN) Economic Commission for Africa, the African Development Bank, and the UN...

Islamabad, March 28 – The average price of liquefied petroleum gas (LPG) in Pakistan has surged to PKR 3,900-5,135 per 11.67 kg cylinder from PKR 3,150-3,968 amid the conflict in West Asia, local media reported.Citing data from the Sensitive Price Index (SPI) published by the Pakistan Bureau...

New Delhi, March 24 The government is closely monitoring the situation in West Asia and the Gulf region, including its impact on India's external trade, shipping routes, and logistics chains, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce...

Colombo, March 23 The Strait of Hormuz remains open to friendly countries, the Iranian envoy to Sri Lanka said on Monday, stressing that Tehran is ready to supply oil or other essential goods to the island nation if the need arises.The conflict in West Asia, involving the US, Israel, and Iran...

Washington, March 22 – US President Donald Trump has threatened that the United States would target Iranian power plants if Iran fails to fully reopen the Strait of Hormuz within 48 hours.In a post on Truth Social, Trump said, “If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz...

March 21, New Delhi – Donald Trump has criticized NATO allies for not supporting the U.S.-Israel military campaign against Iran, calling the alliance a "paper tiger" without American backing.In a social media post on March 20, Trump accused allies of refusing to join efforts to secure shipping...

March 21, New Delhi — The United States military has deployed thousands of additional Marines to West Asia, as President Donald Trump criticised NATO allies for what he described as their reluctance to send forces to help reopen the Strait of Hormuz.Approximately 2,500 Marines have been sent...

New Delhi, March 20 The ongoing conflict in West Asia is expected to significantly increase input costs for India's crop protection industry by 20-25 per cent, CropLife India, an industry body, said on Friday, warning that disruptions in key shipping routes could lead to a shortage of essential...

India has expressed concern at the recent attacks on energy installations across the Gulf region, calling them deeply disturbing. In response to media queries regarding attacks against energy infrastructure in the Gulf region, External Affairs Ministry spokesperson Randhir Jaiswal said that the...

US President Donald Trump said he had requested that seven countries send warships to help keep the Strait of Hormuz open during the ongoing conflict with Iran. The strait is a critical shipping route through which about one-fifth of the world's traded oil normally passes. Trump stated that the...

March 15, New Delhi: Amid rising tensions in the Gulf region, Donald Trump has called on major global powers to deploy naval forces to the Strait of Hormuz, warning that the United States will ensure the crucial shipping route remains open “one way or the other.”In a post on Truth Social...

Mumbai, March 14 Union Minister Piyush Goyal said on Saturday that India is well-positioned to handle any situation related to crude oil and fuel, as the West Asia crisis disrupts gas shipments and shipping routes, and highlighted that the government has increased kerosene production to provide...

March 10, New Delhi – Egypt increased domestic fuel prices by up to 30 percent on Tuesday, citing "exceptional" global energy pressures caused by the West Asia war, which has disrupted oil supplies and shipping routes.The increases, announced by the petroleum ministry, apply to gasoline...

Mumbai, March 10 An escalating conflict in West Asia could pose downside risks to India's economic growth outlook if the conflict persists, according to a report by ICRA.The rating agency said it expects India's real GDP growth to be around 7.1 per cent in FY2027, slightly lower than the 7.6...

Mumbai, March 9 Amid heightened volatility in financial markets due to the ongoing conflict in West Asia, Sebi Chairman Tuhin Kanta Pandey urged investors to remain calm on Monday, saying that India's domestic economic fundamentals remain strong despite global uncertainties."It is important...