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Searched Tag: strait of hormuz
Trump’s upcoming China visit: What to expect

Trump’s upcoming China visit: What to expect

May 12, 2026, 04:14 PM - 7 min read

The visit has already generated massive attention from the global community since both economies have maintained a hostile stance towards one another over the past one-and-a-half years, when Trump imposed tariffs on Chinese imports shortly after assuming office in January 2025.

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Prime Minister Narendra Modi - file image.

WFH, save fuel, skip gold: PM Modi on oil crisis

May 11, 2026, 09:12 AM - 3 min read

PM Modi urged a revival of the digital habits formed during the pandemic, such as online meetings and video conferencing, to reduce the national fuel bill.

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Representational image.

Indian sailor dead, 17 rescued after fire incident near Hormuz

May 9, 2026, 07:40 PM - 4 min read

An Indian sailor was killed and 17 others rescued after a dhow caught fire near the Strait of Hormuz. Four crew members sustained burn injuries and are undergoing treatment in Dubai, while authorities investigate the cause amid heightened regional tensions.

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Global crude oil prices are expected to stay between $100 and $110 per barrel in May amid Strait of Hormuz tensions and ongoing Middle East uncertainty.

Crude oil prices to remain between $100-110 a barrel until May

May 9, 2026, 09:26 AM - 2 min read

US energy services company Baker Hughes stated in its closely watched report that US energy enterprises increased the oil and natural gas rig count for the third consecutive week since February.

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Cargo ships are seen at sea near the Strait of Hormuz, as viewed from a rocky shoreline near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (Photo: AP)

US hits Iran after destroyers attacked by Iran in Hormuz

May 8, 2026, 08:10 PM - 3 min read

US strikes Iranian targets after attack on warships in Hormuz; Trump warns Tehran to sign deal, calls retaliation a “love tap” amid rising tensions.

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Trump’s Iran ‘win’: Success or hollow claim?

Trump’s Iran ‘win’: Success or hollow claim?

May 8, 2026, 02:59 PM - 6 min read

While few doubt Trump is desperate to put this disastrous war behind him, particularly before heading to Beijing on May 14, he massively oversold the impression of a breakthrough.

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Trump says US destroyers crossed Hormuz under Iranian fire as tensions rise, while Tehran accuses Washington of striking civilian areas.

Trump says ceasefire with Iran likely to hold despite fresh clash

May 8, 2026, 08:36 AM - 2 min read

Iranian side accused US forces of targeting Iran-linked oil tankers and another vessel near the UAE’s Fujairah port.

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Cargo ships pass through the Strait of Hormuz, a key global shipping route, as India monitors movement of its vessels and ensures safe passage amid regional tensions. (Image: Getty images)

11 Indian ships exited Hormuz, 13 still in Gulf, says MEA

May 7, 2026, 07:02 PM - 3 min read

India said 11 of its ships have exited the Strait of Hormuz, while 13 remain in the Gulf, with efforts on to ensure safe passage.

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Airlines get ₹5,000 cr help from govt as fuel prices soar

Airlines get ₹5,000 cr help from govt as fuel prices soar

May 6, 2026, 09:16 PM - 2 min read

The geopolitical instability in Iran has not only made fuel more expensive but has also triggered currency volatility and forced airlines to navigate around vast swathes of restricted airspace.

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Iran imposes new transit permit rules in Strait of Hormuz, warning ships to follow designated routes amid rising regional tensions.

Iran imposes new transit permit rules in Strait of Hormuz

May 6, 2026, 10:16 AM - 3 min read

Under the new protocols, ships are strictly required to "obtain a transit permit" before entering the Strait, which remains one of the world's most vital routes for global energy supplies.

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Representational image.

Under selling pressure, stock markets decline

May 5, 2026, 07:07 PM - 3 min read

Mumbai-based indices saw a volatile trading session, with the 30-share BSE Sensex falling 251.61 points, or 0.33 per cent, to close at 77,017.79.

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Brent crude stays above $113 a barrel amid uncertainty in Strait of Hormuz

Brent crude stays above $113 a barrel amid uncertainty in Hormuz

May 5, 2026, 10:12 AM - 2 min read

The latest spike came after the US military announced it had destroyed half a dozen Iranian small boats in response to alleged Iranian attacks on commercial vessels in the waterway. Iran rejected the claims and denied attacking the UAE.

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