Global crude oil prices declined by nearly 5 per cent on Monday after the United States and Iran reached an agreement and announced the reopening of the Strait of Hormuz, easing concerns over disruptions to global energy supplies
As tensions in the Gulf region continue to escalate amid the Iran war, India has stepped up diplomatic and maritime efforts to protect thousands of its seafarers working aboard merchant vessels in one of the world's most volatile shipping corridors
Iran's Islamic Revolutionary Guard Corps (IRGC) said the Strait of Hormuz will be "closed to all vessels" following new US strikes on Iran, warning that any ship attempting to pass through the waterway could be targeted, CNN reported.
New Delhi: Global crude oil prices traded higher on Wednesday, increasing by up to 1 per cent after the United States launched strikes against Iranian military targets near the Strait of Hormuz, raising concerns over potential disruptions to energy supplies from the strategically important region. International benchmark Brent crude was up about 1 per cent.
Washington: The United States has completed military strikes against Iranian targets after an American Army Apache helicopter was allegedly shot down near the Strait of Hormuz, with US Central Command (CENTCOM) describing the operation as a self-defence response ordered by President Donald Trump. Announcing the action, CENTCOM said American forces had completed strikes on Iranian.
New York: US President Donald Trump has reiterated that the naval blockade of the Strait of Hormuz will remain strictly enforced until a definitive agreement is secured with Tehran. The US President offered these assessments while speaking to reporters while departing New York after attending the NBA Finals match between the New York Knicks and.
Washington: The United States military has announced that it shot down four Iranian attack drones headed towards the Strait of Hormuz and later carried out strikes on Iranian coastal radar installations, marking a fresh escalation in tensions in one of the world’s most critical maritime corridors. In a brief statement on Friday (local time), the.
Washington: US President Donald Trump has said the United States does not require military assistance from European allies to safeguard navigation through the Strait of Hormuz, while stressing that the strategic waterway would reopen and remain secure. The comments came as Trump on Thursday discussed Iran, maritime security and global energy supplies during an extended.
Washington: US President Donald Trump said the United States is close to reaching a nuclear agreement with Iran but warned that military action remains an option if negotiations fail. In an interview with Fox News at the White House, Trump said his administration’s priority is ensuring that Iran never obtains a nuclear weapon. “We’re close.