Mumbai, April 14 (IANS) International crude oil prices on Tuesday pared their gains, falling up to 3 per cent on hopes of renewed US-Iran dialogue to end the conflict, which helped ease concerns over supply risks linked to the US blockade of the Strait of Hormuz.Global benchmark Brent crude futures traded at $96.6 per barrel, down 2.77 per cent, while US West Texas Intermediate (WTI) crude declined more than 3 per cent to $95.69, hitting an intraday low in early trade.In the previous session, oi…
Latest Arabian Sea News & Updates
Paris, April 13 (IANS) France and the United Kingdom (UK) are set to co-host talks later this week on restoring freedom of navigation in the Strait of Hormuz. In a statement released on X, French President Emmanuel Macron stressed the need to restore free and unimpeded navigation through the Strait of Hormuz as soon as possible and for ensuring that Lebanon returns to the path of peace in full respect of its sovereignty and territorial integrity. He called for resolving the conflict in the Middl…
Washington, April 11 (IANS) A fresh complication has emerged in the already tense geopolitical landscape, with Iran reportedly facing difficulties in reopening the strategically crucial Strait of Hormuz after laying sea mines during recent hostilities. According to a report by The New York Times, citing US officials, Tehran is unable to locate all the mines it deployed in the vital shipping corridor, raising serious concerns over maritime safety and global oil supply.The Strait of Hormuz, which …
Washington, April 10 (IANS) US President Donald Trump accused Iran of violating a ceasefire understanding by restricting oil shipments through the Strait of Hormuz, and warned Tehran against imposing fees on passing tankers.“Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz,” Trump said in a social media post. “That is not the agreement we have!”His remarks come amid reports that only a handful of vessels have crossed the strat…
New Delhi, April 4 (IANS) Another India-flagged liquefied petroleum gas (LPG) tanker, Green Sanvi, transited east of the Strait of Hormuz, according to ship tracking data, making it the seventh Indian vessel to clear the maritime chokepoint safely amid the West Asia conflict. The vessel used a designated corridor through Iran’s territorial waters to navigate the strategically sensitive waterway.The tanker is estimated to be carrying around 44,000 tonnes of LPG, roughly equivalent to half a day…
New Delhi, April 4 (IANS) Ten personnel sustained minor injuries after a fire broke out on the SHP Platform of Oil and Natural Gas Corporation Limited (ONGC) at its Mumbai High Asset on Friday. The incident was reported at approximately 17:45 hours, according to a company statement.ONGC confirmed that the fire was promptly brought under control and extinguished by its emergency response teams.All injured personnel are currently under medical care and reported to be in stable condition.The compan…
Jaipur, April 3 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma on Friday said that ensuring waterway connectivity for the transportation and export of goods from industries within the state is among the top priorities of the government, and directed officials to prepare a comprehensive report to advance the proposed Jawai–Luni–Rann of Kutch National Waterway (NW-48).Chairing a meeting at the Chief Minister’s Office on National Waterway-48, Sharma instructed the Inland Waterways Authorit…
Jaipur, April 3 (IANS) A sudden change in weather swept across Rajasthan on Friday morning, bringing rain, thunderstorms, and hailstorms to several western and central districts. The spell has provided much-needed relief from the heat, with temperatures dropping significantly across the state. The weather changed abruptly on Friday morning, with rainfall reported from districts including Jaisalmer, Ajmer, Nagaur, Sikar, Kuchaman-Didwana, and Jalore. While some areas witnessed heavy showers, othe…
New Delhi, March 25 (IANS) In the tense waters of the Strait of Hormuz, where global energy flows have come under disruption, a quiet but determined effort is underway by the Indian Navy to keep the country’s energy supply undisrupted.As Iran’s restrictions ripple across international energy markets amid the West Asia conflict, India, through diplomacy, has secured permission from Tehran to pass its ships through the Strait of Hormuz and has managed to sustain the movement of its shipments.The I…
London, March 23 (IANS) British Prime Minister Keir Starmer said there was no indication that mainland Britain was being targetted by Iran, while stressing the need to protect British interests and avoid further escalation in the Middle East. “We carry out assessments all the time in order to keep us safe, and there’s no assessment that we’re being targetted in that way,” Starmer told reporters on Monday while visiting a school in southeast London, according to The Guardian.He made the remarks w…