Authored by: Sunil Singh Updated Apr 12, 2026 23:48 IST Trump has given a stern warning to China, saying that if Beijing provides military assistance to Iran in the Middle East War, heavy tariffs will be imposed against it. US President Donald Trump has once again threatened to impose 50 percent tariff. This time Trump…
External Affairs Minister S Jaishankar has hailed direct talks with Iran as the most effective way to restart shipping through the Strait of Hormuz amid tension in West Asia. “I am at the moment engaged in talking to them, and my talking has yielded some results,” Jaishankar told the Financial Times in an interview published…
Kharg Island, where US forces struck military targets on Friday, serves as the gateway for about 90% of Iran’s oil exports and has long been considered a critical weak point that could trigger a strong retaliation from Tehran if attacked, as reported by reuters. US President Donald Trump said on social media that the US…
Amidst the ongoing war in the Middle East, the whole world is becoming increasingly concerned about the supply of oil. News is coming out that Iran is now preparing to make the world yearn for every drop of oil. After the almost closure of the Strait of Hormuz, the fuel crisis in the world has…
Iran has closed the Strait of Hormuz. This is a very important sea route in the Persian Gulf, through which about 20 percent of the world’s oil supply passes. Iran’s powerful army Islamic Revolutionary Guard Corps (IRGC) has said that this route is now closed for ships and if any ship tries to pass through…
America has praised India’s role amid the sanctions imposed on Russian oil. US Treasury Secretary Scott Besant said that India has behaved responsibly in the matter of Russian oil. He described India as a very good partner and indicated that the US may consider relaxing some more restrictions on Russian oil to keep the global…
Oil tanker traffic through the Strait of Hormuz has declined as security risks have increased amid escalating tensions in West Asia after the US-Israel strikes on Iran and the Islamic nations’ retaliatory strikes. Shipping activities have almost halted due to a conflict involving more than 700 ships gathered on both sides of the strategic route,…
The United States and Israel on Saturday (local time) launched strikes in a joint operation targeting Iran’s military and naval forces. US President Donald Trump’s decision to target Tehran has raised new risks for a major portion of the world’s oil supply, Bloomberg reported. Tehran is responsible for nearly 3.3 million barrels of oil per…
