International
The United States and Iran have exchanged fresh strikes for the first time since signing a memorandum of understanding last week, raising concerns over the fragile ceasefire process. Tehran has accused Washington of violating the agreement, while the US says its action was a response to a drone attack on a cargo ship near the […]
International
Crude oil prices moved closer to $70 a barrel after tanker traffic through the Strait of Hormuz improved following the US-Iran peace deal, easing fears of a prolonged supply disruption in global energy markets. Crude Oil Falls As Hormuz Traffic Resumes Oil prices extended their decline as more tankers returned to the Strait of Hormuz, […]
International
US Secretary of State Marco Rubio met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi and reaffirmed Washington’s commitment to the Emirates’ security as Gulf countries assess the impact of the recent US-Iran agreement. Rubio UAE Visit Focuses On Security Rubio’s visit to Abu Dhabi came during his wider Gulf tour, the […]
National
The External Affairs Ministry said the recent Iran-US MoU has helped improve the movement of India-bound energy and fertiliser shipments through the Strait of Hormuz, a key maritime route for global oil and trade flows. Iran US MoU Boosts India Energy Supplies The ministry said 11 India-bound vessels have crossed the Strait of Hormuz since […]
International
India on Tuesday welcomed the U.S.-Iran Memorandum of Understanding, with National Security Advisor Ajit Doval saying the agreement could support global energy security, ease supply chain disruptions and improve maritime stability in West Asia. India Welcomes US-Iran MoU Speaking at the 16th BRICS National Security Advisers’ meeting in New Delhi, Doval said India viewed
International
The United States has issued a temporary 60-day waiver on Iranian oil-related transactions, a move that could help India diversify crude supplies and reduce pressure from volatile global energy prices. US Iran Oil Sanctions Waiver Washington has not fully lifted Iran oil sanctions but has issued a temporary general licence allowing transactions involving Iranian crude […]
National
The Malta-flagged LNG carrier Disha has reached Dahej Port in Gujarat after crossing the Strait of Hormuz, marking a key movement for India’s energy supply chain as shipping activity resumes through the sensitive Gulf route. LNG Carrier Disha Reaches Dahej Port The LNG carrier Disha docked at Dahej Port on Friday with 62,370 metric tonnes […]
International
Oil prices remained volatile on Friday as traders weighed renewed crude movement through the Strait of Hormuz against continuing uncertainty over the US-Iran truce. The market reaction showed that energy investors remain cautious despite signs of supply routes gradually reopening. Oil Prices Move On Hormuz Supply Oil initially came under pressure after supplies started
International
Iran’s Supreme Leader Mojtaba Khamenei Khamenei has approved a memorandum of understanding between Iran and the United States, despite expressing reservations over parts of the agreement. The move signals a cautious opening for direct diplomacy, while Tehran continues to insist that talks will not mean accepting Washington’s position. US-Iran MoU Approval Khamenei said he