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…
Strait of Hormuz: The increasing conflict between America and Iran has increased the serious threat to oil exports through the Strait of Hormuz. Due to the attacks by Iran, global oil supply has been affected, due to which energy prices have seen a rise. The IRGC Navy Chief said, “You first tested Iran through the…
Strait of Hormuz: America may soon announce an international coalition to secure the Strait of Hormuz. The purpose of this alliance, formed with the cooperation of major countries of the world, is to keep merchant ships safe from maritime threats and increasing tension. This step is being taken at a time when the conflict in…
The Donald Trump administration this week is likely to announce that multiple countries have agreed to form a coalition to escort ships through the critical Strait of Hormuz, where trade remains effectively halted amid the conflict between US and Israel on one side and Iran on the other. According to a report by Wall Street…
The conflict between US and Israel on one side and Iran on the other has crossed the two-week mark, and peace remains nowhere in sight with both Washington and Tel Aviv indicating that fighting will rage on for at least a few more weeks. Meanwhile, trade through the crucial Strait of Hormuz has come to…
“Similarly, phosphoric acid and rock phosphate can be sourced from countries such as Jordan, Morocco, Senegal and Egypt. As far as urea is concerned, India has already witnessed increased sourcing from China this year. Going forward, purchases can be further expanded from China, Russia, and Indonesia to ensure stable supplies,” added Nand. Source
US President Donald Trump on Saturday (local time) asked US allies like France, Japan, South Korea, Britain, and China, among others, to send their warships to keep the Strait of Hormuz “open and safe”. However, the appeal has not brought any commitments so far on Sunday, as oil prices jumped during the war, AP reported….
The ongoing war between America and Israel with Iran in the Middle East does not seem to be cooling down. Now meanwhile, the US President’s statement has increased the heartbeat again. Trump has talked about attacking Iran’s Kharg Island for fun. Apart from this, he has appealed to other countries to send their warships to…
Indian benchmark indices have seen sharp swings as global concerns weigh on risk appetite. Heightened tensions in the Middle East have contributed to a notable decline in domestic equities by disrupting global energy markets and pushing crude oil prices materially higher (at one point rising about 30% to above $110 per barrel). A key risk…
US President Donald Trump has said that America is preparing to send warships to the Strait of Hormuz. He has also appealed to other countries to send their ships to protect this important sea route. The Strait of Hormuz is considered very important for the supply of oil in the world. Due to recent tensions,…
