US President Donald Trump threatened Oman over its negotiations with Iran on managing Strait of Hormuz shipping, regional officials said. The developments came amid renewed attacks, including a projectile striking a vessel and Iranian threats to keep the crucial waterway closed
The Yvette Cooper urged a “toll-free” Strait of Hormuz during diplomatic talks, stressing freedom of navigation amid US-Iran tensions, while the United Kingdom pushes global consensus to keep key energy routes open and unrestricted
Union Cabinet of India approved the ₹12,980 crore “Bharat Maritime Insurance Pool” to provide domestic marine insurance cover for Indian trade. The initiative aims to reduce dependence on foreign insurers, strengthen sovereignty, and ensure continuity amid global geopolitical risks
After banning all imports from Pakistan, India on Saturday barred Pakistan-flagged ships from entering any of its ports, following the barbaric attack in Jammu and Kashmir's Pahalgam, which took 26 lives
This is the highest ever October shipments and the second highest for a month, following 23 million units in September 2020, an all-time high for a single month, said the report.
