The OPEC member is offering reductions of up to $33.40 per barrel on its benchmark Basrah Medium grade. (AI image) With oil supplies via the Strait of Hormuz still disrupted, Iraq is now offering deep...
US President Donald Trump unveiled an initiative called “Project Freedom”, aimed at assisting commercial vessels currently stranded in the Strait of Hormuz amid rising tensions in the Gulf region.In a...
A bulk carrier sailing near Iran’s coast in the Strait of Hormuz region was attacked by multiple small craft, Britain’s maritime monitoring agency has said. In a brief statement of Sunday, the United ...
US President Donald Trump on Thursday shared a modified map renaming the Strait of Hormuz as the “Strait of Trump” after claiming that the naval blockade against Iran could continue for mo...
TOI correspondent from Washington: US President Donald Trump on Tuesday claimed that Iran is “in a state of collapse” and is urgently pleading with Washington to reopen the Strait of Hormuz, projectin...
Middle East on edge again: Two ships attacked in Strait of Hormuz Two vessels came under attack in the Strait of Hormuz on Wednesday, further complicating fragile diplomatic efforts to bring the Unite...
India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, are st...
US President Donald Trump US President Donald Trump on Sunday claimed that the navy has forcibly seized an Iranian-flagged cargo ship named TOUSKA, after it allegedly attempted to bypass a naval block...
Open, shut, open, shut: What’s up with Strait of Hormuz? Iran has reimposed restrictions on the Strait of Hormuz after the US denied ending the blockades on ships coming to or going from the Ira...
Representative image (Credit: AP) The US military on Thursday said it had turned back 10 vessels attempting to leave Iranian ports during the first 48 hours of its naval blockade, even as maritime tra...