Washington, June 5 (IANS) US President Donald Trump has said the United States does not require military assistance from European allies to safeguard navigation through the Strait of Hormuz, while stressing that the strategic waterway would reopen and remain secure.The comments came as Trump on Thursday discussed Iran, maritime security and global energy supplies during an extended question-and-answer session at the White House.Asked whether he still wanted European allies to help secure the Str…
Latest Persian Gulf News & Updates
New Delhi, June 4 (IANS) With the conflict still raging in the Middle East, India is among the most exposed major economies with a heavy dependence on Persian Gulf oil and gas supplies as well as fertilisers. Approximately 50 per cent of the country’s crude oil imports (2.5–2.7 million barrels/day), 68 per cent of LNG (Liquefied Natural Gas), and over 85 per cent of LPG (Liquefied Petroleum Gas) usually transit the Strait of Hormuz. Any disruption significantly impacts India’s economic gro…
Washington, May 31 (IANS) White House National Economic Council Director Kevin Hassett said on Sunday that refineries in India and Pakistan were among those affected by disruptions caused by the closure of the Strait of Hormuz, expressing hope that fuel supplies and prices would ease once the key shipping route reopens.Speaking on ABC News’ “This Week”, Hassett said increased maritime traffic was already moving through the strait and suggested conditions could improve if ongoing negotiations suc…
London, May 31 (IANS) Iran’s Islamic Revolution Guard Corps (IRGC) Navy warned that any US interference in the “management” of the Strait of Hormuz would be met with a “strict military response.”According to recordings from a public maritime radio channel provided to Xinhua by crew members aboard vessels stranded near the strategic waterway, the IRGC Navy issued a warning to ships operating in the Persian Gulf and the Gulf of Oman, stating that the Strait of Hormuz remains closed and that transi…
Washington, May 30 (IANS) US President Donald Trump ended a two-hour Situation Room meeting on a proposed Iran agreement without announcing a decision, media reports said.Trump had earlier said he would make a “final determination” on a proposal aimed at extending a ceasefire with Iran, reopening the Strait of Hormuz and launching negotiations over Tehran’s nuclear programme.However, after the meeting concluded, the White House offered no indication that a final decision had been reached.CNN rep…
New Delhi, May 29 (IANS) India is diversifying its sources of oil and gas imports to make up for the shortfall in supplies caused by the choking of the Strait of Hormuz amid the West Asia crisis, a senior official said on Friday. “Energy security is very important for us. We are trying to diversify our sources from across the world, and that is our policy at present. We welcome whatever support we can receive from various markets around the world,” said Randhir Jaiswal, the Ministry of External …
Washington, May 29 (IANS) Nearly 2,000 vessels are waiting to leave the Gulf amid disruptions linked to tensions around the Strait of Hormuz, US Treasury Secretary Scott Bessent said.The disclosure by a top Trump’s Cabinet member offers a rare glimpse into the scale of the shipping backlog that has developed around the strategic waterway, through which a significant portion of the world’s oil and liquefied natural gas exports normally pass.”There are almost 2,000 ships waiting to come out of t…
Tehran, May 27 (IANS) Deputy Secretary of Iran’s Supreme National Security Council, Ali Baqeri, has said that the issue of country’s enriched uranium stockpile is not being discussed during the ongoing talks with the US, local media reported on Wednesday.Speaking to reporters on the sidelines of the First International Security Forum in Moscow, Baqeri said discussions about Iran’s enriched uranium reserves “are not on the agenda of the talks”.He said that Iran and the US have not yet reached a…
New Delhi, May 25 (IANS) Foreign Secretary Vikram Misri on Monday received a call from Iran’s Deputy Foreign Minister for Political Affairs, Majid Takht Ravanchi, during which they discussed the ongoing developments in the region and also reviewed the bilateral cooperation. “Foreign Secretary Vikram Misri received a call from the Deputy Foreign Minister for Political Affairs of Iran, Majid Takht Ravanchi. Discussions focused on recent developments in the region and a review of bilateral cooper…
New Delhi, May 21 (IANS) More than 58,500 PNG consumers have surrendered their LPG connections till May 20, the government said on Thursday, adding that there are adequate stocks of petrol and diesel available at all petrol pumps in the country.The government advised citizens to avoid panic purchase of petrol, diesel and LPG as it is making all efforts to ensure availability of petrol, diesel and LPG.“Beware of rumours and rely on official sources for correct information,” said the governmen…