Tag: Strait of Hormuz
Hormuz & Iran war can slow India down but not hold it back
The IMF’s latest assessment of the global economy paints a picture of rising uncertainty. The war involving Iran continues to threaten energy supplies, oil prices…
Strait of Hormuz reopening eases fertiliser worries in India, but August is key
The gradual normalisation of shipping through the Strait of Hormuz has eased immediate concerns over India’s fertiliser supplies, but executives in India’s fertiliser industry say…
Strait of Hormuz: Strategic chokepoint in shadow of geopolitics
London: The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes…
How would India cope if Strait of Hormuz disruption lasted longer? AI simulation reveals risks
The Strait of Hormuz has been at the centre of tensions between the United States and Iran since the war began on February 28. Following…
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBI
Kolkata: The global economy remains fragile despite a temporary US-Iran truce with the risks of renewed inflation pressure, supply disruptions, slower investments and financial instability…
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede
The Reserve Bank of India (RBI) has flagged emerging fuel-price pressures and weakening consumer confidence amid the ongoing conflict in West Asia, even as it…
Nearly 12 ships carrying fertiliser cross Strait of Hormuz
New Delhi: Around 10-12 of the 16 fertiliser cargo vessels stranded near the Strait of Hormuz crossed the waterway before Iran claimed to have shut…
India, US ‘very close’ to inking a trade deal, says Trump after meet with Modi
New Delhi: Prime Minister Narendra Modi raised the matter of Indian seafarers coming under attack in the Gulf with US President Donald Trump, affirming that…
Hormuz may reopen, but fertiliser relief is still months away for India
New Delhi: Fertiliser availability and prices may take another three to four months to normalise despite an initial agreement between the US and Iran to…
India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…