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Strait of Hormuz

Editor's picks

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

OpIndia Staff -
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.
Opinions

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

Sanghamitra -
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.”
News Reports

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

OpIndia Staff -
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.
News Reports

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,...

opindia2020 -
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,...
Government and Policy

Centre lifts restrictions on commercial LPG supply following reopening of Strait of Hormuz, efforts to transition to piped gas to continue

OpIndia Staff -
In a welcome development for commercial establishments across India, the Government of India has announced the full restoration of commercial LPG supplies to pre-crisis...
News Reports

UN’s International Maritime Organisation announces plan to evacuate 11,000 seafarers stranded in the Gulf region after reopening of the Strait of Hormuz

OpIndia Staff -
The disruptions in the global oil route caused by the war affected shipments, drove up oil prices, and left thousands of sailors stranded in the Gulf region.
News Reports

US lifts sanctions on Iranian crude: How Tehran’s oil exports are rebounding after years of restrictions and why prices could ease

Rukma Rathore -
"Strait of Hormuz crossings rebounded sharply over 19th-21st June, with 71 confirmed transits," pointed out Kepler.
Opinions

A masterclass in power games: How Iran outplayed the United States in Switzerland

Divyansh Tiwari -
The Iranian delegation got up as Donald Trump started making his customary threats. After gathering their papers, they turned around and left the venue immediately.
World

Lake Lucerne Summit: US and Iran agree on 60-day roadmap for final deal; oversight committee, Hormuz communication line and Lebanon de-confliction cell finalised

OpIndia Staff -
The joint statement said the parties created a High-Level Committee, approved a 60-day roadmap, opened a direct communication line for the Strait of Hormuz and agreed on a Lebanon de-confliction cell facilitated by the mediators.
News Reports

US CENTCOM says Iran does not control Hormuz after IRGC announced closure of the strait again, US-Iran talks to begin in Switzerland in presence...

OpIndia Staff -
Iran reiterated on Saturday that it was closing the Strait of Hormuz to maritime traffic, blaming continued Israeli operations in southern Lebanon for violating...
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