International
Britain will host an international summit this week aimed at reopening the Strait of Hormuz, as global concern grows over maritime disruption in one of the world’s most important oil shipping routes. Prime Minister Keir Starmer said the meeting will focus on restoring security and stability in the waterway after the Iran conflict. UK To […]
International
Donald Trump has publicly told countries that did not support the US campaign against Iran to stop depending on Washington for energy security and instead secure their own oil. His remarks came as Iran continued to maintain pressure on the Strait of Hormuz, disrupting one of the world’s most important energy corridors and deepening concerns […]
International
Iran’s parliament has moved a step closer to formalising a new toll regime for ships passing through the Strait of Hormuz, as the Gulf waterway remains severely disrupted by the ongoing regional war. The proposal, approved by a parliamentary commission on Monday, would allow Iran to impose charges on transit traffic and tighten restrictions on […]
National
Two India-bound LPG carriers are crossing the Strait of Hormuz, offering a limited but important sign that some energy shipments to India are moving again despite the conflict-related disruption in the region. The movement comes at a time when the strait remains under intense global watch because of its central role in oil and gas […]
International
Iran has warned that Israel will pay a “heavy price” after fresh strikes hit major industrial and nuclear-linked sites, as Tehran said the attacks undermined the diplomatic window set by US President Donald Trump for reopening the Strait of Hormuz. The latest exchange has added fresh pressure to an already widening regional war and raised […]
International
Kuwait’s crude price climbed sharply to $118.93 per barrel after rising by $8.10, as the conflict involving Iran and the disruption around the Strait of Hormuz continued to drive fears of tighter global energy supplies. The jump reflects the broader pressure on oil markets as traders remain focused on the risk of prolonged instability in […]