New Delhi, July 23 (IANS) Global crude oil prices surged more than 2 per cent on Thursday, with Brent crude climbing above $96 a barrel after Iran-backed Houthi militants claimed responsibility for attacks on two Saudi Arabian oil tankers in the Red Sea, raising concerns over global supply disruptions.International oil benchmark Brent crude rose 2.5 per cent or $2.42 to trade above $96 a barrel, building on its six-week high from the previous session.Similarly, US benchmark West Texas Intermedia…
Latest UK Maritime Trade Operations News & Updates
London, May 5 (IANS) The International Maritime Organisation (IMO) has said that vessels operating near the Strait of Hormuz should continue to exercise “maximum caution”, following reports of a US operation to “guide” stranded ships out of the area.In a written response to Xinhua news agency, an IMO spokesperson on Monday said: “We are aware of the reports but do not have further details. We continue to urge ships to practice maximum caution in the area.”US President Donald Trump said on Sunday…
New Delhi, April 18 (IANS) The Ministry of External Affairs (MEA) on Saturday said that Iran’s Ambassador to India, Mohammad Fathali, was called in for a meeting with Foreign Secretary Vikram Misri over the shooting incident involving Indian vessels in the Strait of Hormuz. During the meeting, India conveyed deep concerns over the incident involving two Indian-flagged ships – one of which is believed to be a Very Large Crude Carrier (VLCC) – that came under fire from gunboats of Iran’s Islamic R…
New Delhi, April 18 (IANS) The Ministry of External Affairs (MEA) on Saturday summoned Iran’s Ambassador to India, Mohammad Fathali over the shooting incident involving Indian vessels in the Strait of Hormuz. India is believed to have lodged a strong protest with Tehran over the incident as the Indian-flagged vessels – one of which is believed to be a Very Large Crude Carrier (VLCC) – came under fire from gunboats of Iran’s Islamic Revolutionary Guard Corps (IRGC) even though the tanker and cr…
London, April 18 (IANS) The UK Maritime Trade Operations (UKMTO) Centre said on Saturday that a tanker came under fire from two gunboats of Iran’s Islamic Revolutionary Guard Corps (IRGC). The UKMTO published a warning on their website saying, “Master UKMTO has received a report of an incident 20NM northeast of OMAN. The Master of a Tanker reports being approached by 2 IRGC gun boats, no VHF challenge that then fired upon the tanker. Tanker and crew are reported safe. Authorities are investigati…