"strait-of-hormuz"

Oil companies increased petrol and diesel prices by around Rs 3 per litre from Friday, citing disruptions linked to the Iran-Israel conflict and Strait of Hormuz crisis, with fuel rates in Delhi witnessing a sharp rise

US President Donald Trump and Chinese President Xi Jinping agreed Iran must never acquire nuclear weapons and stressed keeping the Strait of Hormuz open during talks in Beijing. The summit also focused on trade, Taiwan, energy security, fentanyl controls and broader US-China relations

Two India-bound LPG vessels, Symi and NV Sunshine, successfully transited the Strait of Hormuz amid heightened US-Iran tensions. Despite diplomatic stalemates between Washington and Tehran, the transit signals a gradual resumption of energy shipments through this critical maritime chokepoint

Iran warned it is prepared to respond forcefully to any aggression after Donald Trump questioned the survival of the Iran-US ceasefire. Tehran reiterated that uranium enrichment is non-negotiable while demanding sanctions relief, maritime security, release of frozen assets, and regional peace through Pakistan-mediated talks

Trump rejected Iran’s response to a US peace proposal over Gulf tensions, calling it “totally unacceptable.” Tehran sought sanctions relief, reopened Hormuz shipping and extended talks, while clashes involving naval forces, drones and missiles intensified. Qatar and Pakistan mediation efforts

The RBI is employing a "non-direct" strategy to defend the struggling rupee, according to forex traders.

US President Donald Trump announced a temporary pause in “Project Freedom” naval operations in the Strait of Hormuz, citing progress in Iran negotiations and international requests, while maintaining the blockade amid ongoing tensions, military pressure, and the waterway’s critical role in global energy security

The United States has proposed a UN Security Council resolution accusing Iran of threatening global shipping and destabilising the Strait of Hormuz.

India condemned attacks in Fujairah that injured three Indian nationals, urging cessation of hostilities and protection of civilians. India called for free navigation in the Strait of Hormuz and diplomatic resolution amid rising regional tensions

Indian markets fell as Strait of Hormuz tensions and rising oil prices near $113 hit sentiment. BSE Sensex and Nifty 50 declined, while rupee hit record low amid geopolitical risks and global risk aversion

Donald Trump urged South Korea to join US-led “Project Freedom” after alleged Iranian attacks on ships in the Strait of Hormuz, as tensions rise despite ceasefire and efforts continue to secure global shipping routes

US forces began escorting commercial ships through Strait of Hormuz, easing a blockade since Iran-US conflict. Drone and missile incidents hit UAE sites and vessels, while fragile ceasefire persists amid tensions, diplomacy efforts, and global oil risks rising are now

The Donald Trump launched “Project Freedom” to guide ships through the Strait of Hormuz amid Iran-linked disruptions. The US deployed naval and air assets as tensions with Iran escalate over maritime control and sanctions

Donald Trump announced “Project Freedom” to guide stranded ships through the Strait of Hormuz amid Iran tensions. Iran rejected the move, as attacks on vessels heighten risks despite fragile ceasefire efforts

Seven OPEC+ countries including Saudi Arabia and Russia have agreed to a modest production increase of 188,000 barrels per day starting in June, citing a commitment to market stability. The decision comes amid heightened tensions as Iran blocks the Strait of Hormuz.

An India-linked LPG tanker Sarv Shakti safely crossed the Strait of Hormuz amid regional tensions, en route to India with 45,000 tonnes of fuel. The rare transit signals limited reopening of a key global energy route under geopolitical disruption

President Donald Trump said negotiations with Iran remain uncertain, expressing dissatisfaction with current proposals. He highlighted internal divisions within Iran’s leadership and claimed its military capabilities are weakened.

Government sources indicated petrol and diesel price hikes may be imminent as global crude surges and losses mount for oil firms, despite a four-year retail price freeze, with rising tensions in West Asia and restricted Strait of Hormuz supply driving costs higher

Global oil prices surged as Brent crude crossed $125 amid stalled US-Iran talks and closure of the Strait of Hormuz. Escalating tensions in the Iran war triggered market uncertainty, impacting Asian stocks and raising energy concerns worldwide

First LNG shipment since the West Asia conflict appears to have crossed the Strait of Hormuz, signalling easing tensions. The tanker Mubaraz heads toward China, raising cautious optimism for global energy flows despite ongoing US-Iran geopolitical uncertainty