Tag: Iran War News
Posted in Economy
Strait of Hormuz tensions threaten 41% of India’s tea exports: TAI
Guwahati: Shailja Mehta, President Tea Association of India (TAI) stated that amidst reports of closure of Straits of Harmouz, the assurance from United States on…
Posted in Business
Iraq halves output at Rumaila, world’s second largest oilfield, due to Hormuz blockade| Business News
Iraq has more than halved production at the world’s second largest oilfield in Rumaila after the Islamic Revolutionary Guard Corps declared the Strait of Hormuz…
Posted in Business
$20,000 drones take on $4 million patriots| Business News
Just three days into the conflict, the Iran war has become attritional. Waves of drone attacks by the Islamic Republic are putting pressure on the…
Posted in Economy
Iran crisis: No immediate oil disruption for India; price volatility, macro impact seen
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but…