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Strait of Hormuz

Six more LPG tankers may soon be coming, Iran is not charging any ‘toll’ for India-flagged vessels: Ministry of Ports and Shipping

Six Indian-flagged LPG tanker ships are prepared for transit through the volatile Strait of Hormuz, with no tolls levied by Iran, a senior government...

Two more LPG tankers Jag Vasant and Pine Gas cross the Strait of Hormuz for India, Navy ships escorting them to Indian waters

The ships are expected to reach India between March 26 and 28. Naval escort is being provided after exit from Hormuz, as authorities monitor stranded vessels and coordinate safe passage amid regional tension

Iranian embassy in India denies charging $2 million for providing safe passage to merchant vessels through Strait of Hormuz: Here is what we know...

The Iranian embassy in India has denied media reports about charging $2 million for providing safe passage to merchant vessels through the Strait of...

PM Modi mentions India’s Strategic Petroleum Reserves in his Lok Sabha speech, informs that India has 53 lakh metric tons of SPR to deal...

To further augment the SPR capacity, the Modi Government in July 2021, had also approved the establishment of two additional commercial-cum-strategic petroleum reserve facilities with a total storage capacity of 6.5 MMT at Chandikhol (4 MMT) in Odisha and Padur (2.5 MMT) in Karnataka, on a Public-Private Partnership mode.

Iran charges merchant vessels $2 million as ‘transit fees’ to allow safe passage through Strait of Hormuz: Here is what we know so far

"Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz,” Boroujerdi said, adding that Iran is showing its strength through the blockade of the strategic waterway.

Iran softens stand on Strait of Hormuz, allows limited shipping amid rising tensions after Trump’s military warning

Iran has slightly eased its position on the movement of ships through the Strait of Hormuz, one of the world’s most important oil routes.

War, pandemic or disaster: How supply shocks lead to hoarding, black marketing and inflation across the world

This crisis has resulted in the release of oil from the International Energy Agency’s emergency oil reserves.

22 countries issue joint statement condemning Iran for attacks on commercial ships, express willingness to protect safe passage through the Strait of Hormuz

The United Arab Emirates has joined 21 other nations in issuing a strong joint statement condemning Iran's recent actions in the Gulf region, including...

Oman says US has lost control of its foreign policy, Qatar calls for immediate end to war after Iranian strikes on Ras Laffan

Oman and Qatar have issued a scathing rebuke of U.S. and Israeli strikes on Iran, calling the conflict a "catastrophe."

‘Targeting commercial shipping is unacceptable’, India tells International Maritime Organisation, calls to end the Iran war

India's Permanent Representative (and High Commissioner to the UK) Vikram Doraiswami condemned the attacks on commercial shipping during the ongoing war between US-Israel and...

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