US-Sanctioned Tankers Near Gulf Blockade Zone
Empty oil tankers under US sanctions continue arriving near the Gulf blockade zone, raising concerns over maritime security and compliance with international law.
Empty oil tankers under US sanctions continue arriving near the Gulf blockade zone, raising concerns over maritime security and compliance with international law.
Former President Donald Trump stated that a deal with Iran is possible, following what he described as 'very good' talks spanning 44 hours. The comments signal potential diplomatic progress.
Indian companies are set to invest over $20 billion in the US, boosting economic ties and creating thousands of jobs across various sectors.
US petrol prices have surged to $4.48 per gallon, up 31 cents in a week, driven by the Iran war and Strait of Hormuz disruption. Crude oil prices remain elevated, with experts warning of prolonged high fuel costs.
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RecommendedIndia's defence exports have grown 25 times since FY2017, with the budget tripling to Rs 7.85 trillion in FY2027, making it the largest allocation at 14.67% of the Union Budget.
India and the US are close to finalising a major trade deal aiming for $500 billion by 2030. US envoy Christopher Landau says one final hurdle remains before signing.
Pakistan repaid $3.45 billion to UAE using Saudi funds, revealing a revolving loan cycle. This analysis explores the geopolitical motives behind Gulf funding and IMF leniency.
US ambassador Sergio Gor announced Indian companies plan over $20.5 billion investments in the US across tech, manufacturing, and pharma, boosting bilateral ties under President Trump.
Punjab's beekeeping industry faces collapse due to erratic weather, US tariffs, and honey adulteration. Production drops to 18-20 kg per hive, prices fall below cost, and veteran beekeepers abandon the trade.
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RecommendedForeign Secretary Vikram Misri met Japan's Economic Security Minister to discuss deepening cooperation for resilient and diversified supply chains, focusing on semiconductors, critical minerals, and emerging technologies.
Indian companies have created 70,800 jobs in the US through investments, highlighting strong economic ties between the two nations, an official statement said.
Pakistan's merchandise trade deficit expanded 20% to $32 billion in 10 months of FY26, imports rose 7% to $57.2 billion, exports fell 6% to $25.2 billion, raising economic concerns.
US President Donald Trump launches Project Freedom to rescue hundreds of ships trapped in the Persian Gulf after Iran shut the Strait of Hormuz. US Navy destroyers face missile fire, while CENTCOM destroys Iranian boats and intercepts missiles.
Empower India Limited has signed a term sheet to acquire UAE-based Mabil, marking a strategic cross-border move to expand its global footprint and enhance operational capabilities.
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RecommendedMoody's Ratings report credits India's resilience to global shocks due to timely policy measures and robust buffers, ranking it among the most resilient emerging economies since 2020.
Indian companies are increasingly investing in the United States, creating thousands of American jobs, according to a US official. The trend highlights growing economic ties.
US Treasury Secretary Bessent announces naval operations to protect global energy flows, including India's LPG supply, and urges China to help reopen the Hormuz Strait.
India and Canada have started the next round of FTA negotiations to boost bilateral trade and investment, focusing on goods, services, and regulatory cooperation.
US fuel prices have surged to record levels, intensifying economic pressure on American households amid the ongoing Iran conflict and global supply chain disruptions.
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RecommendedThe UAE's exit from OPEC, compounded by US-Israel tensions with Iran, reshapes global energy markets and threatens its status as a safe trade hub.
The India-linked LPG tanker MT Sarv Shakti has crossed the Strait of Hormuz amid a US blockade, carrying 46,313 tonnes of LPG to Visakhapatnam, expected May 13.
For the first time since 1991, Kuwait recorded zero crude oil exports in April 2026 due to US-Iran tensions in the Strait of Hormuz, diverting barrels to storage or refining.
The US dollar has dropped 10% since Trump's return, shrinking purchasing power and raising costs for imports, travel, and everyday goods, acting as a hidden tax on consumers.
Pakistan has approved the export of donkey meat following a warning from a Chinese firm about potential economic losses if the ban continued.
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RecommendedSaudi Arabia, Russia, and five other OPEC+ countries increased their oil production quota by 188,000 barrels per day for June, reinforcing alliance continuity after UAE's withdrawal.
The leather and footwear industry has urged the government to provide duty exemptions on critical inputs as costs have surged by 60% due to the West Asia crisis.
President Trump announces review of a fresh Iranian proposal on nuclear issues, warning the US could resume strikes if Iran misbehaves.
The India-linked LPG supertanker Sarv Shakti is navigating the Strait of Hormuz, a critical energy route, amid reduced traffic due to West Asia tensions. It carries 45,000 tonnes of LPG toward India.
OPEC+ has agreed in principle to a modest oil output quota increase similar to last month's hike, excluding the UAE, which plans to leave the group from May 1.
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RecommendedVenezuela's crude exports jumped 14% in April to 1.23 million barrels per day, the highest since 2018, driven by demand from the US, India, and Europe after sanctions eased.