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Strait of Hormuz

Iran-US war: Oil prices rise by 3% amid renewed military escalation between 2 nations

US benchmark West Texas Intermediate was recorded close to $74. European natural gas prices also advanced by as much as 2.7%.

US launches fresh strikes on Iranian targets, Iran attacks US bases in Gulf countries: Details

US "struck Iranian military air-defense systems, coastal radar sites, missile and drone capabilities and small boats."

One Indian crew member missing after Iran attacked container ship GFS Galaxy near Oman, 10 others rescued, US launches retaliatory strikes

Amid the latest rounds of attacks on ships transiting the Strait of Hormuz by Iran, the Cyprus-flagged container ship M/V GFS Galaxy was hit...

Iran shuts Strait of Hormuz again after attack on Cyprus-flagged ship, US launches fresh strikes

American officials said the latest military operation was intended to weaken Iran's ability to target merchant vessels and civilian sailors travelling through one of the world's busiest energy shipping routes.

US President Donald Trump threatens Iran, claims that 1000 missiles have been locked and loaded

US President Donald Trump has warned Tehran that "1000 missiles are locked and loaded" to destroy Iran if any assassination attempt is made against him.

Saudi Arabia slashes oil prices for Asia customers in biggest reduction in 20 years: OPEC+ increase production quota as peace returns to West Asia

Middle Eastern crude prices have fallen as an impending wave of supply from the region threatens to take over Asian markets.

Fuel prices coming down after crude oil falls: Govt slashes commercial LPG prices by Rs 183, Nayara cuts petrol and diesel prices

Reflecting the improving situation, the Centre also announced that from Wednesday, 1st July, it will remove restrictions imposed on state-run oil companies for selling petrol and diesel to bulk consumers.

The economic doom that never came: Despite fear-mongering by Congress and their ecosystem, India sailed through the West Asia crisis and maintained growth

On June 3, Rahul Gandhi predicted an imminent doom and gloom for India. Speaking at an event, he proclaimed, "A severe economic Tsunami is going to hit the country, one that will cripple our economy, and it will be worse than any economic crisis you have seen in your lives. The entire system is collapsing, and the Modi government is not capable of stopping it.”

‘Iran will no longer exist’: Donald Trump takes U-turn on ceasefire, US launches fresh strikes

Following an Iranian drone attack on an oil tanker, the US launched retaliatory strikes against military targets in the Strait of Hormuz. President Trump sharply warned that continued ceasefire violations could force a massive military response, ending the Islamic Republic.

Iran says only routes designated by it are permitted for passing the Strait of Hormuz, ships must take IRGC’s permission before entering the strait,...

Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy has issued a sharp warning against a newly announced alternative shipping route through the Strait of Hormuz,...

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