Tag: Strait of Hormuz

ET logo
Posted in Economy

“Unfortunate for India,” Ex R&AW Chief hints at probable inflation if West Asia situation escalates

New Delhi: Former R&AW Chief Vikram Sood, said that India and Israel are allies; but the attack on Iran and killing of its Supreme Leader…

Continue Reading
image
Posted in Economy

Iran-India fuel trade begins after strait open sesame. Traffic of ‘friendly’ India can pass, says Araghchi; first LPG cargo due this week

Indian refiners have begun buying Iranian crude oil and LPG after the temporary lifting of US sanctions, to make up for supplies lost due to…

Continue Reading
Market experts noted that despite the recovery, uncertainty continues to weigh on investor sentiment. (REUTERS/File)
Posted in Business

Sensex jumps 1,516 points, Nifty up 365 in opening but volatility persists amid Strait of Hormuz closure| Business News

The domestic share markets opened on a positive note on Tuesday, taking a breather from recent selling pressure, with both benchmark indices registering strong gains…

Continue Reading
Ship-tracking data showed the vessels, the Pine Gas and Jag Vasant (seen in photo), set sail from the UAE coastline (Photo courtesy: VesselFinder)
Posted in Business

Two more India-flagged LPG tankers set sail through Strait of Hormuz| Business News

Two India-flagged liquefied petroleum gas tankers set sail for yet undisclosed Indian ports from the UAE early on Monday, tracking close to the Iranian coastline…

Continue Reading
ET logo
Posted in Economy

Strait of Hormuz disruption could hit India’s LPG supplies, refined product markets more vulnerable than crude oil markets: Report

Disruptions around the Strait of Hormuz could pose significant risks to India’s energy security, particularly LPG supplies, according to a report by PL Capital. According…

Continue Reading
A petrol pump attendant picks up a nozzle to refuel a vehicle at an Indian Oil fuel station in Varanasi. (AFP)
Posted in Business

Oil marketing firms suspend fuel on credit to pumps amid West Asia crisis| Business News

New Delhi : Pay up first, tank up later; at a time of crunch, that’s the message from state-run oil marketers to fuel stations. A…

Continue Reading
King Fahad Industrial Port is in Yanbu, Saudi Arabia. (Photo:X/@OneBahri)
Posted in Business

There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work

There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…

Continue Reading
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the Iran war, in Shinas, Oman, on 11 March 2026. The Iran war, and the consequent blockade of the Strait of Hormuz, threatens to close the “goldilocks” trade window for India's economy. (Reuters)
Posted in Business

India’s trade deficit narrows before Iran war impact shows on economy| Business News

India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…

Continue Reading
ET logo
Posted in Economy

Modi-govt walks fine line between Iran and US as war hits economy

India’s Prime Minister Narendra Modi is stepping up engagement with Iran as a worsening conflict in the Middle East causes severe gas shortages in the…

Continue Reading
ET logo
Posted in Economy

West Asia conflict could hurt agri input availability: UPL Executive

New Delhi: Escalating geopolitical tensions and disruption around the Strait of Hormuz have increased the cost of major agricultural inputs and if the situation continued,…

Continue Reading