All posts tagged: Strait of Hormuz crisis

Oil tanker with 24 Indians catches fire near Oman amid West Asia tensions

Oil tanker with 24 Indians catches fire near Oman amid West Asia tensions

Published by Webster

A fire broke out aboard an oil tanker carrying 24 Indian seafarers off the coast of Oman on Monday, even as Israel and Iran exchanged fresh attacks in their first major escalation since the ceasefire. The Madagascar-flagged MT Marivex reported the fire around 1.30 pm, Opesh Kumar Sharma, a director in India`s Ministry of Ports, Shipping and Waterways, said at a news briefing. Sharma declined to comment on the cause of the fire but confirmed that the vessel had 24 Indian crew members on board. The tanker was empty and positioned well outside the Strait of Hormuz, a critical shipping route impacted by regional tensions. “This is the preliminary information which we have received… as per available information, all Indian seafarers are safe,” Sharma said. “We are coordinating with the Ministry of External Affairs, our missions abroad, Indian Navy, Ministry of Defence, to ensure their safety.” Delhi: Director in the Shipping Division of the Ministry of Ports, Shipping and Waterways (MoPSW), Opesh Kumar Sharma says, “There has been a recent report that today around 1.30 …

PM Modi to hold high-level ministers’ meeting in Delhi amid global tensions

PM Modi to hold high-level ministers’ meeting in Delhi amid global tensions

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According to ANI sources, the meeting is being viewed as an important midterm review of the government’s performance. The high-level gathering is expected to be attended by Union Cabinet ministers, ministers of state with independent charge and ministers of state. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Congress President Mallikarjun Kharge slams Centre over fuel price hike, alleges poll timing strategy

Congress President Mallikarjun Kharge slams Centre over fuel price hike, alleges poll timing strategy

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“Had PM Modi increased this before elections, it would have been understandable, because he knew doing this would have been a major setback. Therefore, the prices of everything were increased after the elections. This shows that the BJP government and Modi ji lacked foresight,” Kharge said Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India, UAE may sign pacts on strategic petroleum reserves, LPG during PM visit | India News

India, UAE may sign pacts on strategic petroleum reserves, LPG during PM visit | India News

Published by Parlour News

3 min readNew DelhiMay 14, 2026 02:34 AM IST At a time when the Indian government is adopting austerity measures amid the looming energy crisis due to the closure of the Strait of Hormuz, India and the UAE are likely to sign two pacts in the areas of “LPG and Strategic Petroleum Reserves” during Prime Minister Narendra Modi’s visit on May 15, sources said on Wednesday. During the PM’s visit to the UAE, sources stated that one of the key areas of focus will be “energy security”. “Two important MoUs in the areas of LPG and Strategic Petroleum Reserves are likely to be concluded during this visit,” the source said. Underlining that the UAE has been an important partner in India’s energy security, sources said that “last year, the UAE was the 4th largest source of crude oil meeting nearly 11% of our requirement”. UAE is the largest source of LPG for India, meeting nearly 40 per cent of India’s requirement, sources said. Sources said that through the current turmoil, the UAE has remained one …

1 Indian national killed after dhow catches fire, capsizes near Strait of Hormuz

1 Indian national killed after dhow catches fire, capsizes near Strait of Hormuz

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A wooden dhow carrying general cargo with 18 Indian crew members caught fire and capsized near the Strait of Hormuz, leaving one Indian national dead and four others with burn injuries, a government source told news agency ANI. The incident occurred on Friday near the strategic waterway, with authorities still trying to ascertain the exact cause of the fire. According to the source, the crew members were rescued by a passing vessel after the dhow caught fire and overturned. “In this incident, one Indian on the dhow died while four received burn injuries,” the source told ANI, adding that the injured crew members are undergoing treatment in Dubai and are reported to be safe. The source said Indian consular officials met the rescued nationals soon after the incident. “Our officials from the Indian Consulate met the rescued Indian nationals yesterday night itself. The consulate is also in touch with the Dhow owner and extending all possible assistance,” the source added. Earlier on Thursday, Ministry of External Affairs (MEA) official spokesperson Randhir Jaiswal said that 11 …

Strait of Hormuz closure halts traffic, global oil prices rise

Strait of Hormuz closure halts traffic, global oil prices rise

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Traffic through the Strait of Hormuz has come to a standstill after Iran seized two ships, including one bound for Kandla port in Gujarat, which has increased uncertainty over the movement of oil and gas as 20 per cent of the world’s energy exports transit through the waterway.  Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Fuel price hike after elections rumours dismissed as misleading by government

Fuel price hike after elections rumours dismissed as misleading by government

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The Ministry of Petroleum and Natural Gas on Thursday dismissed reports suggesting a sharp increase in petrol and diesel prices after the upcoming assembly elections in West Bengal and Tamil Nadu. Calling such claims “mischievous and misleading,” the ministry clarified that there is currently no plan under consideration to raise fuel prices. In a post on X, the ministry stated, “There is no such proposal under government consideration.” It added that such reports are intended to create unnecessary fear among citizens. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

After Hormuz, all eyes on Red Sea: Could Iran trigger a global shipping crisis at Bab al-Mandeb?

After Hormuz, all eyes on Red Sea: Could Iran trigger a global shipping crisis at Bab al-Mandeb?

Published by Parlour News

Published on Apr 23, 2026 01:48 am IST What happens when the world’s two most critical maritime chokepoints are pushed to the brink, at the same time? The Strait of Hormuz is already under pressure. Now, a new threat is emerging from the Red Sea. Iran’s so-called “new cards” may not be nuclear or diplomatic, they may be geographic. The Bab al-Mandeb, a narrow strip of water most people have never heard of, suddenly becomes the hinge on which global trade swings. But how real is this threat? Can Iran actually pull this off through its regional network? And more importantly, what happens to your fuel prices, supply chains, and economy if it does? From Saudi oil exports to UAE’s Fujairah route, from Asian goods headed to Europe to the hidden cost of rerouting ships around Africa, this is not just a military escalation, it’s an economic shockwave in the making. As Trump extends the deadline and Iran stays unusually quiet, one question looms: is this restraint or preparation?   Home / Videos / World …

Crude oil jumps over 6 per cent amid Iran-US standoff in key shipping lane

Crude oil jumps over 6 per cent amid Iran-US standoff in key shipping lane

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Amid the ongoing global turmoil, oil prices rose on Monday, April 20. The hike in oil prices comes after a standoff between Iran and the US prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies. As per news agency AP, prices of US crude oil increased 6.4 per cent to USD 87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 6.5 per cent to USD 96.25 per barrel. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link