New Delhi, June 29 (IANS) India’s ability to maintain uninterrupted fuel supplies and limit the impact on consumers during the prolonged Strait of Hormuz disruption demonstrated the country’s significantly improved energy resilience, driven by diversified sourcing, infrastructure investments and coordinated government action, experts said on Monday.Speaking to IANS, former Engineers India Limited (EIL) Chairman and Managing Director Vartika Shukla said the Hormuz disruption highlighted India’s e…
Latest Strait of Hormuz News & Updates
New Delhi, June 29 (IANS) Union Petroleum Minister Hardeep Singh Puri on Monday said India moved more than 12 LPG vessels through the Strait of Hormuz without paying any tolls and rapidly reconfigured refineries to increase cooking gas production, measures that helped the country navigate what he described as the largest energy disruption in modern history.Referring to the closure of the Strait of Hormuz, which he said lasted for nearly four months, Puri said the government took a series of emer…
Washington, June 29 (IANS) The United States and Iran have agreed to halt their recent military exchanges around the Strait of Hormuz and move forward with negotiations aimed at preserving a fragile ceasefire, even as both sides continue to disagree over who has authority over one of the world’s most important maritime trade routes. According to reports by The Wall Street Journal, The New York Times and The Washington Post, officials from both countries signalled on Sunday that technical talks w…
Riyadh, June 29 (IANS) Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud received a phone call from French President Emmanuel Macron, during which they discussed regional and international developments, the Saudi Press Agency (SPA) reported.According to SPA, the two leaders reviewed the latest developments regarding the memorandum of understanding (MoU) signed between the United States and Iran, as well as ongoing efforts to facilitate comprehensive solutions that w…
Washington, June 29 (IANS) The United States and Iran have agreed to pause mutual attacks “for now” and hold talks on Tuesday in Doha, the capital of Qatar, to work out their dispute over the Strait of Hormuz, US media outlet Axios reported.The two sides will stand down “for now” and “vessels can move freely” as technical talks are set to continue, a US official was quoted as saying.The Tuesday talks were originally set to be held in Switzerland and focused on Iran’s nuclear program. However, re…
Washington, June 28 (IANS) US Republican Senator Thom Tillis on Sunday voiced doubts that Iran would honour its ceasefire agreement with the US, saying he did not trust Tehran’s leadership as renewed military exchanges threatened to derail negotiations.Speaking on CNN’s State of the Union, Tillis said recent Iranian attacks had reinforced his long-held scepticism about Tehran’s willingness to abide by international commitments.”I just simply don’t trust the Iranian leadership, the mullahs, to li…
Mumbai, June 28 (IANS) The Indian stock market ended the holiday-shortened week on a positive note, with benchmark indices extending gains for a third session out of four and the Nifty holding firmly above the key 24,000 mark. Analysts said the near-term technical outlook remains constructive, although fresh buying will be needed for the next leg of the rally.Market experts said that the Sensex continues to trade with a constructive bias after recovering from recent lows. “The 77,500-77,700 zone…
Washington June 28 (IANS) US President Donald Trump said on Saturday that the United States had launched fresh air strikes on Iranian military targets after accusing Tehran of again violating the ceasefire agreement by attacking a commercial oil tanker near the Strait of Hormuz, warning that the Islamic Republic “will no longer exist” if the attacks continue.The US Central Command (CENTCOM) said the strikes were carried out at the President’s direction after Iran allegedly launched a one-w…
Washington, June 28 (IANS) The United States carried out additional military strikes against multiple Iranian targets on Saturday after Tehran allegedly launched another drone attack on a commercial oil tanker near the Strait of Hormuz, according to US Central Command (CENTCOM).The latest action came a day after US forces conducted retaliatory strikes following what Washington described as an Iranian attack on the commercial vessel M/V Ever Lovely. US officials said Iran was given an opportunity…
London, June 26 (IANS) A tanker was struck by an unknown projectile in the Strait of Hormuz on Saturday, causing damage to its bridge but resulting in no casualties, a warning issued by the United Kingdom Maritime Trade Operations (UKMTO) detailed.“UKMTO has received a report of an incident within the Strait of Hormuz. The Master of Tanker has reported being struck by an unidentified projectile. The vessel sustained damage to their bridge; all crew are reported safe. No environmental damage re…