
Temporary waiver allows sale of Russian oil stranded at sea after crude prices surge past $100 per barrel amid Strait of Hormuz shutdown.


Tehran targets two crude carriers near Iraq amid Hormuz threats as India condemns attacks on commercial shipping.

Diplomatic outreach helps Indian tankers sail through strategic strait even as regional conflict disrupts global energy flows and triggers LPG shortages at home.

Major global banks have begun evacuating employees from Dubai offices after Iran warned it could target US- and Israel-linked economic interests in the region, as the widening Middle East war disrupts shipping, aviation and global energy markets.

The Ministry of External Affairs has condemned the attack on a Thai-flagged cargo vessel heading to India through the Strait of Hormuz, warning that the loss of innocent lives and targeting of commercial shipping is unacceptable.

Unconfirmed reports suggest Iran’s newly appointed Supreme Leader Mojtaba Khamenei may have been injured during the early stages of US-Israel airstrikes, though Iranian authorities have not issued an official statement confirming the claims.

Major global banks have begun evacuating employees from Dubai offices after Iran warned it could target US- and Israel-linked economic interests in the region, as the widening Middle East war disrupts shipping, aviation and global energy markets.
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