Shares drop and oil surges as US, Iran trade strikes Miners, banks and IT stocks have dragged on the local bourse as renewed hostilities in the Persian Gulf rattle an already fragile US-Iran ceasefire. AAP · May 28
LNG tanker exits Hormuz for India for first time since war began The exit of an LNG tanker from the Strait of Hormuz marks a pivotal moment for India, signaling its first shipment from the Persian Gulf in light of the ongoing Iran conflict. The Economic Times · May 24
Leonardo to equip Kuwait patrol vessels, strengthening Italy's presence in the Gulf The Italian group has signed a €320 million deal with Abu Dhabi Ship Building to supply FALAJ 3 OPV naval combat systems to Kuwait, bolstering Italy’s commercial and military role in the Persian Gulf. Euronews · May 22
India prepares to send oil tankers through Hormuz for new supply India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval… The Economic Times · May 20
Video, satellite photos show Iran war oil spill on Persian Gulf island A recent attack on an Iranian oil refinery has led to a devastating oil spill impacting Shidvar Island, a vital wildlife breeding ground in the Persian Gulf. Videos reveal oil-soaked shores and distressed marine life, highlighting the war's severe ecological toll. This incident follows other environmental damage from attacks on… The Economic Times · May 19
Video and satellite photos show Iran war oil spill on Persian Gulf island A mysterious attack on an Iranian oil refinery during the Iran war caused an oil spill that affected a nearby Persian Gulf island that’s a protected breeding ground for wildlife The Independent UK · May 19
Petrol, diesel prices hiked for first time in 4 years; fuel retailers still face a gap of Rs 15-20/litre on sales India is the world’s third-largest oil importer, heavily dependent on global markets and energy flowing out of the Persian Gulf. In a crisis, the government typically prioritises the protection of its 1.4 billion, price-sensitive consumers and containing inflation, but last Friday’s increase suggests it is beginning to restore a balance… The Economic Times · May 18
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes. The Economic Times · May 17
EU considers running undersea cable under the North Pole to link Europe to Asia — Polar Connect aims to bypass the Strait of Hormuz and Russia by 2030 The EU is planning an undersea cable that goes under the North Pole to connect to Asia. This route avoids geopolitical hotspots like the Red Sea and the Persian Gulf but will have to weather the harsh Arctic. Tom’s Hardware · May 13
India set to scale back Russian oil imports if US waiver lapses Iran war oil impact: Amidst the ongoing geopolitical turmoil, Indian oil refiners face a critical moment as the expiration of a US waiver looms this weekend. With the war affecting supplies from the Persian Gulf, India has lately seen a surge in Russian oil imports. The Economic Times · May 13
With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of Hormuz Kuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in the Persian Gulf. Israel has deployed air defense to the UAE. The Strait of Hormuz remains a critical point of contention. Norway reports stranded vessels due to shipping… The Economic Times · May 13
Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100 Asian shares are sharply higher and the price of crude oil was holding above $100 a barrel as investors bet on hopes the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again The Independent UK · May 7
Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war The Independent UK · May 6
US Aircraft Declared An Emergency Over Qatar: Why the KC-135 Stratotanker Sent Distress Signal Mid-Air A US Air Force KC-135 Stratotanker issued a '7700' distress signal over the Persian Gulf, raising concerns about potential in-flight emergencies International Business Times UK · May 6
International Business Times UK · May 5 The Ceasefire Is Over: US and Iran Exchanging Missile Strikes as UAE Claims It Was Hit by Iranian Drones The fragile ceasefire between the US and Iran has collapsed, leading to renewed military exchanges in the Persian Gulf and raising fears of a broader regional conflict.
The Conversation · May 3 80% of Africa’s fertiliser is imported: how food systems can adapt to the Iran shock Conflict in the Persian Gulf is disrupting fertiliser supplies, and Africa’s food systems stand to lose.
The Times of India · Apr 30 ‘No place in Gulf, except at bottom of its waters’: Iran’s Khamenei slams ‘Great Satan’ US, rejects nuclear curbs Iran's Supreme Leader Ayatollah Mojtaba Khamenei declared Iran's nuclear and missile capabilities non-negotiable, calling the US the "Great Satan" and asserting that foreigners have no place in the Persian Gulf. He emphasized that Iran's technological and military assets are national treasures to be protected by its population.
The Independent UK · Apr 27 Tired and worried, seafarers have been stranded in the Persian Gulf for weeks Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran
The Times of India · Apr 25 What was Operation Eagle Claw? Iran reminds US of 46-year-old failure amid naval blockade tensions Iran's judiciary chief warned the US of repeating "Isfahan and Tabas" incidents if tensions escalate in the Persian Gulf. This warning coincides with the 46th anniversary of the failed US Operation Eagle Claw in 1980, a mission to rescue American hostages in Tehran that ended in disaster and casualties.
Axios · Apr 24 How a swap line for Persian Gulf allies would break with the past "Many of our Gulf allies have requested swap lines" and seemed receptive to their use, said Treasury Secretary Scott Bessent.
The Times of India · Apr 24 CCTV captures chaos at Iran hospitals amid strikes; patients and staff seen scrambling Surveillance footage reveals chaotic scenes in Tehran hospitals during air strikes, with medical staff urgently evacuating patients, including newborns carried in fruit baskets. The ongoing Iran conflict, sparked by Operation Epic Fury, has escalated tensions in the Persian Gulf, disrupting oil shipments and leading to naval confrontations.
The Independent UK · Apr 23 Trump loses it over Iran peace deal failure and orders Navy to ‘shoot and kill’ over Hormuz Strait: ‘CRAZY!’ The U.S. Navy decommissioned four Avenger-class minesweepers last fall and returned them from the Persian Gulf aboard a large cargo ship this past January
LiveScience · Apr 22 'Iran's Maldives' could drown in oil due to spills from air strikes, satellites show Air strikes on oil facilities and oil tankers in the Persian Gulf have unleashed what is set to become an ecological catastrophe, satellite images show.
International Business Times UK · Apr 21 Gulf Evacuation Warning: 'Time Is Running Out' as Iran Adviser Urges Immediate Exit From UAE, Saudi Arabia, Qatar, Bahrain and Kuwait A social media post urging evacuation from Gulf nations has caused concern, despite no official directives. The warning highlights the strategic importance of the Strait of Hormuz.
The Times of India · Apr 20 Talks on hold as Hormuz hardball threatens second round The TOI correspondent from Washington: Prospects of a second round of talks between the United States and Iran hangs in suspense amid a fog of mistrust and misinformation after Teheran conveyed to Washington it is not ready to turn up in Islamabad in the face of what it sees as…