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Crude oil prices surged above $90 per barrel as escalating US-Iran tensions raised fears of supply disruptions through the Strait of Hormuz. Brent, WTI and MCX futures gained sharply amid military exchanges, shipping concerns and heightened geopolitical risks in the Middle East
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The Trump administration said oil movement through the Strait of Hormuz has recovered to nearly two-thirds of pre-war levels despite Iran conflict. Officials vowed to safeguard shipping, while former NATO commander James Stavridis warned Iran could expand tensions by targeting the Suez Canal
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The US launched fresh airstrikes on Iran after another American service member was killed, while Iran fired missiles toward Jordan, escalating regional tensions. Attacks targeted military sites, disrupted Gulf security, threatened shipping, and deepened concerns over energy supplies and wider conflict
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The US intensified airstrikes on Iran, targeting bridges and port infrastructure to pressure Tehran over the Strait of Hormuz. Iran retaliated with missile attacks on Qatar and other regional countries, escalating tensions after the collapse of a temporary ceasefire
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Iran's Parliament Speaker Mohammad Baqer Qalibaf said national security depends on maintaining Iranian control over the Strait of Hormuz and rejected external pressure. Rising US-Iran tensions, renewed military strikes, and uncertainty over the June peace memorandum have heightened regional security concerns
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India’s maritime regulator, the Directorate General of Maritime Administration (DGMA), has issued an advisory directing ship owners, managers, and RPSL companies to refrain from deploying Indian seafarers on vessels transiting the Strait of Hormuz due to escalating security threats in the Gulf region.
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Pune-based marine engineer Heramb Karmarkar, who went missing after the merchant vessel GFS Galaxy was attacked near Oman in the Strait of Hormuz, has been confirmed dead. His family urged the Centre to ensure his body is brought home with dignity.
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The US reimposed a blockade on Iranian ports after renewed tensions in the Strait of Hormuz, prompting fresh military strikes and Iranian retaliation across the Gulf. The escalating conflict has jeopardised ceasefire efforts, disrupted regional security, and heightened concerns over global energy supplies
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The United States launched a seven-hour wave of strikes on Iranian military targets near the Strait of Hormuz after resuming a naval blockade of vessels travelling to and from Iranian ports. CENTCOM said the operation targeted missile, drone and coastal defence capabilities.
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The government said it is closely monitoring the West Asia crisis and will take necessary measures to support exporters. An inter-ministerial group continues assessing trade and energy supply chain disruptions, while exporters increasingly use Oman's ports to maintain regional shipments
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India's wholesale inflation rose to 9.87 per cent in June, driven by higher food, fuel and manufacturing costs amid the West Asia crisis and Strait of Hormuz disruptions. Rising global energy prices also pushed retail inflation higher, increasing pressure on the economy
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India summoned Iranian diplomats after Iranian missile strikes on two UAE oil tankers in the Strait of Hormuz killed an Indian seafarer and injured six others. The UAE condemned the attack, while India pledged assistance to affected citizens and their families
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An Indian crew member was killed and six other Indians injured after Iranian cruise missiles struck two UAE tankers in the Strait of Hormuz near Oman. The attack marks a major escalation in the West Asia conflict, prompting strong condemnation and a UAE warning of retaliation
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The United States launched fresh airstrikes on Iran early Tuesday after President Donald Trump announced the reinstatement of a blockade in the Strait of Hormuz and proposed charging ships for safe passage. Iran retaliated with missile attacks on Bahrain and two Emirati tankers, killing one Indian national and injuring eight others.
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Two UAE oil tankers, Mombasa and Al Bahiyah, were struck by Iranian cruise missiles in Omani waters of the Strait of Hormuz, killing one Indian crew member and injuring eight others.
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US President Donald Trump announced plans to take permanent control of the Strait of Hormuz following overnight American airstrikes against Iranian military assets. Trump labeled the US the "guardian angel" of the waterway and demanded foreign financial reimbursement
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The US launched fresh strikes on Iran after an Iranian attack on a container ship in the Strait of Hormuz. Iran retaliated against regional countries hosting US forces, escalating tensions, threatening maritime security, and raising fears of renewed conflict despite ongoing ceasefire and mediation efforts
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India has condemned an attack on the commercial vessel GFS Galaxy off Oman, where 10 Indian crew members were rescued and one remains missing. The incident in the Strait of Hormuz drew retaliatory US military strikes against Iranian targets
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India condemned the attack on commercial vessel GFS Galaxy off Oman's coast, calling repeated attacks on shipping deeply worrisome. Ten Indian nationals were rescued, one remains missing, while the MEA urged de-escalation and restoration of safe international maritime navigation
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India has condemned the attack on the commercial vessel GFS Galaxy off the coast of Oman, calling the repeated attacks on shipping deeply worrying. Ten Indian nationals were rescued, one remains missing, and the MEA urged immediate de-escalation and a diplomatic solution.
