global shipping routes

Iran's IRGC has warned of a "heavy assault" on US military assets and ships if Iranian oil tankers or commercial vessels are attacked in the Strait of Hormuz. This follows US forces disabling two Iranian oil tankers in the Gulf of Oman and an earlier exchange of fire near the strait.

India has successfully navigated the Middle East crisis, ensuring stable fuel supplies and uninterrupted maritime operations. Despite global price surges, consumers are shielded through excise duty cuts and increased domestic production. State-run oil companies are absorbing significant daily losses to maintain current prices, while Indian seafarers in the Gulf remain safe and maritime operations at Indian ports are normal.

Evacuees from the hantavirus-hit MV Hondius cruise ship have landed in the Netherlands, with passengers disembarking in good spirits. Authorities have begun quarantine procedures for the 26 individuals, including eight Dutch nationals, who arrived on a flight from Tenerife. The ship experienced a hantavirus outbreak, leading to three passenger deaths.

An oil spill near Iran's Kharg Island, the country's primary oil export hub, has raised concerns amid a US naval blockade. Satellite images show a significant oil slick, potentially amounting to 3,000 barrels lost. This incident occurs as Iran faces a storage crisis due to the blockade, with capacity nearing its limit.

An India-linked supertanker, Sarv Shakti, has successfully crossed the Strait of Hormuz, a critical energy corridor under intense pressure due to Middle East tensions. This passage marks a significant breakthrough for India, the world's second-largest LPG consumer, as it secures essential cooking fuel amid disrupted supply chains and a US blockade on Iran-linked shipping.

Oil prices surged as President Trump rejected Iran's peace proposal, reigniting fears over global energy supply routes. Hopes for breakthrough talks faded, shifting market attention to Trump's upcoming visit to Beijing. Saudi Aramco warned of significant oil market losses, while tankers navigated the Strait of Hormuz with tracking systems off.

The US has warned shipping companies against making payments to Iran for safe passage through the Strait of Hormuz, citing sanctions risks. This alert comes amid rising tensions and disruptions to global oil trade, with Iran rerouting vessels and charging fees. The US has also imposed a naval blockade, further straining energy markets and complicating diplomatic efforts.

The Indian rupee hit a historic low against the US dollar, pressured by corporate demand and soaring crude oil prices. Authorities are considering measures like incentivizing foreign currency deposits and easing tax rules for overseas investors to boost dollar inflows.

Pakistan is foregoing urgent LNG purchases, betting on a swift de-escalation of Middle East tensions and the timely arrival of cheaper Qatari shipments. This risky strategy comes as the country faces a significant gas deficit and widespread electricity outages, exacerbated by disruptions in the Strait of Hormuz.

US naval actions have significantly disrupted oil traffic through the Strait of Hormuz, forcing six tankers carrying millions of barrels of Iranian oil back to Iran. While some vessels are being diverted, others have managed to pass, highlighting the ongoing impact of the conflict on global oil exports and the plight of stranded seafarers.

A distant Middle East conflict is now impacting Indian households, driving up costs for everyday essentials like LPG, cooking oil, and dry fruits. Furniture, electronics, and even paint are becoming pricier due to rising petrochemical and shipping expenses. Air travel and fuel prices are also climbing, with potential for further hikes as oil companies face significant losses.

Seeks urgent evacuation steps by govt

A fire aboard a wooden dhow near the Strait of Hormuz resulted in the death of one Indian sailor and injuries to four others. Seventeen Indian crew members were rescued by a passing vessel. The incident occurred amidst heightened regional tensions, with recent exchanges between Iran and the United States in the vital shipping lane.

US President Donald Trump branded Iran's terms for ending the Middle East war "totally unacceptable", raising the possibility of fresh conflict and sending oil prices sharply higher in early Asia trade on Monday. The impasse unnerved global energy markets, with international benchmark Brent crude prices rising 4.65 percent to $99.95 a barrel during Monday morning trade in Asia.

With overseas Puja committees rethinking priorities amid global uncertainty, the idols makers are growing jittery about delays

Oil prices surged Friday as US-Iran tensions flared, reversing earlier declines. US strikes on Iranian targets prompted accusations of ceasefire violations, escalating fears over the vital Strait of Hormuz. This geopolitical volatility overshadows concerns about suspicious trading activity linked to policy announcements, impacting global energy supplies and inflation.

Iran has presented a list of demands for a ceasefire with the US. These include lifting sanctions, compensation for damages, and the withdrawal of American troops. President Trump has rejected these terms as unacceptable. The standoff has impacted global oil markets and heightened regional tensions. Diplomatic efforts continue amidst ongoing clashes.

A suspected hantavirus outbreak aboard the luxury expedition ship MV Hondius has resulted in three deaths and several serious illnesses, prompting an international health response. The virus, typically spread by rodents, has raised concerns due to its rapid escalation and potential for severe respiratory complications. Authorities are working to contain the crisis and evacuate affected passengers.

Iran is reportedly considering using mine-carrying dolphins against US warships in the Strait of Hormuz amid rising regional tensions and an economic blockade. This unusual tactic, reflecting a push for new weapons, follows Iran's past acquisition of military-trained dolphins. The move comes as hardliners view the blockade as an act of war, potentially leading to renewed conflict.

The UK government is temporarily relaxing airport slot rules to help airlines manage potential summer travel disruption caused by global jet fuel market pressures. This move aims to prevent sudden cancellations and "ghost flights" by allowing airlines to adjust schedules in advance, ensuring greater passenger confidence and realistic planning.