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Strait of Hormuz

Lulu Group arranges for dedicated cargo flights carrying fresh food supplies from India to the United Arab Emirates

The Lulu Group said that several such cargo shipments are being arranged to be supplied to the UAE to ensure a steady supply of food to the stores.

Amid crisis in the Middle East, Pakistan records highest increase in petrol and diesel prices

Petrol prices have been increased from PKR 266.17 per litre to PKR 321.17 per litre, which is an increase of around 17%.

US boasts about un-sanctioning its own sanction on Russian oil, admits that India buying Russian crude will keep global oil prices stabilised

The only thing more glaring here than the obvious lie that the US controls India’s oil purchases is the sheer hypocrisy of the US government to insinuate that their sanctions are a blessing for the world, and when they pretend to un-sanction their own sanctions, it is again for the benefit of the world.

As the war in Middle East disrupts energy supply, focus shifts to Strategic Petroleum Reserves: Read what they are and how India prepares for...

An insider mentioned, "India has crude oil in reserve for 25 days, alongside petrol, diesel and LPG for 25 days as well."

Trump claims he will make US Development Finance Corporation to provide insurance for tankers in Strait of Hormuz, if needed US Navy will escort...

The US Development Finance Corporation will provide political risk insurance to shipping lines at reasonable rates. Trump also warned the US Navy may escort tankers if tensions escalate and passage through the Strait of Hormuz remains unsafe.

Iran may not need to physically stop every ship through St of Hormuz, insurance companies are doing it: Read how war risk premium has...

Around one fifth of global crude flows through the strait, where insurance costs once stood at 0.25 per cent of vessel value but are now rising sharply, threatening overall voyage economics and wider energy markets.

Iran bombs tanker from its own shadow fleet for ‘illegally passing’ through Strait of Hormuz, 20 crew members including 15 Indians rescued as the...

Iranian naval forces have targeted and damaged a tanker from their own "shadow fleet" in the Strait of Hormuz, leading to a fire on...

Weeks of reserves, imports from Russia, Africa & Latin America: How diversifying Indian oil supplies by Modi Govt ensures India will be largely unaffected...

Years of deliberate planning under Modi’s government have paid off. They didn’t just talk about diversifying oil supplies; they actually did it, methodically spreading their sources far and wide to protect their interests if Strait of Hormuz closes.

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