Beijing, April 24 (IANS) The Chinese Foreign Ministry on Friday denied allegations made by US President Donald Trump that an Iranian cargo ship intercepted by the US might have carried a “gift” from Beijing. When asked about Trump’s remarks during a regular press briefing in Beijing on Friday, Chinese Foreign Ministry spokesperson Guo Jiakun said, “China rejects any assertion and speculation that lack factual evidence. Normal trade between countries should not be disrupted or harmed.”China’s…
Latest Strait of Hormuz News & Updates
Mumbai, April 24 (IANS) Indian equity benchmarks ended sharply lower on Friday as a surge in crude oil prices rattled investor sentiment amid rising geopolitical tensions linked to stalled US-Iran talks and disruption at the Strait of Hormuz.The Sensex dropped 982.71 points, or 1.27 per cent, to close at 76,681.29, while the Nifty declined 275.10 points, or 1.14 per cent, to settle at 23,897.95.Commenting on technical outlook, experts said that on the upside, 24,000 has now emerged as a strong r…
Tokyo, April 24 (IANS) Amid growing uncertainty over the reopening of the Strait of Hormuz, the Japanese government has announced that it will begin releasing additional oil reserves worth around 20 days from May 1, local media reported on Friday. Tensions continue in and around Strait of Hormuz, the narrow maritime corridor linking the Persian Gulf to the Arabian Sea, through which about one-fifth of global oil trade passes, ever since the conflict erupted in West Asia.The Japanese government’s…
Mumbai, April 24 (IANS) India Inc is estimated to have recorded 8.5–9 per cent year-on-year (YoY) revenue growth in the fourth quarter of fiscal 2026 (Q4 FY26), driven by strong volume momentum in automobiles and white goods after GST rate rationalisation in September 2025, a report said on Friday.The data compiled by Crisil Intelligence noted that while corporate India has maintained healthy growth so far, the outlook for the first quarter of fiscal 2027 is likely to moderate, with revenue gr…
Mumbai, April 24 (IANS) International crude oil prices surged on Friday, rising up to 2 per cent amid escalating tensions in the Middle East, even after a unilateral ceasefire announcement from the US.The global oil benchmark Brent crude advanced about 2 per cent to $107 per barrel, while US West Texas Intermediate (WTI) crude increased nearly 2 per cent to $97.6 from the previous close.In the domestic market, crude oil on the Multi Commodity Exchange (MCX) was trading at Rs 9,077, down 1 per ce…
Washington, April 24 (IANS) US President Donald Trump said that the United States will keep control of the Strait of Hormuz until Iran agrees to a deal, using the vital oil route as leverage in the ongoing standoff.“We have total control of it,” Trump said. “It’ll open when they make a deal or something else happens that’s very positive.”He made clear the closure is intended to pressure Iran’s economy. “If we open the strait, that means they’re going to make $500 million a day….
Jaipur, April 23 (IANS) A family in Sri Ganganagar has been going tense after reports emerged that a Merchant Navy officer from the district is stranded aboard a vessel in the Strait of Hormuz amid escalating tensions. Local Member of Legislative Assembly Jaideep Bihani on Thursday has written to Prime Minister PM Modi and Chief Minister Bhajanlal Sharma, urging immediate diplomatic efforts. In a video message, he stated that an Indian ship has been detained, on which Sanjay Mahar is serving …
New Delhi, April 23 (IANS) As many as 22 Indian seafarers on board the two foreign-flagged ships, which came under fire from Iran’s military in the Strait of Hormuz during the last 24 hours, are reported to be safe, according to an update issued by the Ministry of Ports, Shipping and Waterways on Thursday. Vessel Euphoria, a Panama-flagged container ship, has 21 Indian seafarers onboard, while Vessel Epaminondas, also a Panama-flagged container, has 1 Indian seafarer onboard, the statement sai…
New Delhi, April 23 (IANS) More than 52 lakh domestic LPG cylinders were delivered on Wednesday as distribution of the cooking gas remains normal and no dry-outs have been reported at retail outlets.Online LPG cylinder bookings have increased to 98 per cent, while authentication code-based deliveries, on the registered mobile number of the consumer, have increased to around 94 per cent to prevent diversion.More than 86,000 small 5 Kg LPG cylinders, used by migrant workers for cooking, were also …
Tokyo, April 23 (IANS) Reaffirming commitment to a free, open and inclusive Indo-Pacific, India and Japan on Thursday discussed defence cooperation measures while outlining future interactions across various sectors. The discussions were held during eighth India–Japan Army-to-Army Staff Talks being held from April 22-24.”The 8th India–Japan Army-to-Army Staff Talks AAST are being held from 22–24 April in Japan. Both sides held a productive exchange of views, reviewed ongoing Defence Cooper…