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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.
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The US launched major strikes on Iranian military targets after Tehran attacked a commercial vessel in the Strait of Hormuz. Iran retaliated with missile and drone attacks on Gulf states, deepening regional tensions and threatening shipping, energy supplies and ceasefire negotiations
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A Cyprus-flagged container ship suffered significant engine room damage in an Iranian attack in the Strait of Hormuz, with one civilian crew member reported missing. The crew abandoned the burning vessel after it was struck while sailing near Oman's coastline
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Iran declared the Strait of Hormuz effectively closed again after warning fire targeted a vessel using an unauthorised route, escalating tensions despite a fragile US ceasefire. Tehran accused Washington of violating the interim deal as both sides exchanged fresh threats and accusations
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Three former crew members of Thai cargo ship Mayuree Naree sued its operator over alleged labour rights violations and unfair dismissal after a March Strait of Hormuz attack. They claim inadequate compensation and seek damages over trauma and inability to work
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Iran has accused the United States of endangering maritime security through strikes on ports and coastal infrastructure. The allegations were raised at the IMO meeting in London, while Washington said its operations targeted Iranian military assets linked to threats against shipping.
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Fresh US airstrikes on Iran and Iranian missile attacks targeting Gulf countries have heightened fears of a wider regional conflict, threatening an interim ceasefire and raising concerns over global energy supplies as diplomatic efforts struggle to prevent further escalation.
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India's crude oil imports remain largely insulated from Strait of Hormuz tensions due to diversified sourcing, a Kpler analyst said. However, prolonged regional instability could disrupt LPG and LNG supplies, increase freight and insurance costs, and put pressure on energy prices
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Sensex and Nifty rebounded in early trade on Thursday after a sharp fall in the previous session, supported by foreign fund inflows and buying in blue-chip stocks. The Sensex rose nearly 496 points to 76,998.54, while the Nifty gained 149 points to 24,025.
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Kuwait, Bahrain, and Qatar sounded missile alerts early Thursday after fresh U.S. airstrikes on Iran triggered retaliatory attacks. Kuwait reported intercepting drones and missiles, while explosions were reported across Iranian port cities and Bushehr nuclear facilities.
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US President Donald Trump has declared the ceasefire with Iran "over" following a massive wave of US airstrikes targeting 80 military sites. The strikes retaliated against Iranian attacks on commercial shipping vessels in the critical Strait of Hormuz
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US forces struck Iranian military targets after accusing Tehran of attacking three ships in the Strait of Hormuz, while revoking Iran's oil sales license. Iran retaliated by targeting Bahrain and Kuwait, escalating regional tensions and casting doubt on fragile ceasefire negotiations
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The rupee appreciated 48 paise to close at 94.95 against the US dollar, supported by improved global risk sentiment, softer crude oil prices and a weaker dollar. Analysts said easing inflation concerns and foreign fund inflows also boosted the currency
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The Indian rupee strengthened 15 paise against the US dollar in early trade, supported by improved market sentiment after Saudi Arabia cut crude prices for Asia. Easing Middle East tensions, lower oil prices and renewed foreign investor buying also boosted the currency
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A tanker caught fire after being struck by a projectile while transiting the Strait of Hormuz off Oman early Tuesday, according to the UK military. No environmental damage was reported, and authorities are investigating. No group claimed responsibility, though suspicion has fallen on Iran
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Global crude oil prices fell nearly one per cent after OPEC+ agreed to increase August production and exports through the Strait of Hormuz recovered. Improved supplies and easing geopolitical tensions boosted expectations of a better-balanced global oil market
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The Centre has withdrawn most emergency natural gas supply regulations after LNG shipments through the Strait of Hormuz resumed following a West Asia ceasefire, easing supply concerns and restoring normal energy operations across the country
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Iran has warned against foreign military activity in the Strait of Hormuz, insisting that security of the strategic waterway rests solely with Iran and Oman. The statement came after Britain and France expressed readiness to support freedom of navigation in the strait.
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The Centre has withdrawn most emergency natural gas supply restrictions after LNG shipments through the Strait of Hormuz resumed following a West Asia ceasefire. Improved maritime traffic and ongoing negotiations restored normal supplies, ending crisis-era measures introduced to safeguard India's energy security
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The United States retained its position as India's largest LPG supplier in June, with imports rising 19.4%. India continued diversifying energy sourcing beyond Gulf nations to strengthen energy security amid geopolitical uncertainties in West Asia
