Results for "Strait of Hormuz"

Iran issues a strong warning ahead of a US naval blockade, saying no Gulf port will be safe as tensions escalate and global oil markets react sharply.

European gas prices have climbed to their highest level since early 2023 as renewed US-Iran fighting adds fresh pressure to LNG supplies and raises concerns over Europe’s energy security ahead of winter.

The US national average diesel price has crossed $6 a gallon for the first time, adding pressure to trucking, farming, shipping and food prices as the Iran conflict, Russian refinery disruptions and tighter global fuel supplies squeeze the market.

Asian refiners are sending record volumes of diesel to Africa as Middle Eastern fuel shipments fall sharply because of shipping disruptions, security threats and refinery outages linked to the regional conflict.

PM Modi Iran President call, Iran Israel war live, West Asia conflict India response, Modi Pezeshkian news, attacks on infrastructure Middle East

The United Kingdom has strongly criticized Iran following reports of missile activity targeting the strategically important Diego Garcia military base in the Indian Ocean.

An Indian seafarer was killed after the Antigua and Barbuda-flagged bulk carrier MV Cape Dao came under attack off Oman's Musandam coast while sailing towards India. Omani authorities evacuated 27 crew members, while India's government confirmed the death of one Indian national and said its embassy was coordinating with local authorities.

Fuel prices rise sharply in India as Nayara Energy increases petrol and diesel rates, triggering panic buying amid global supply disruptions linked to the Iran-US conflict.

Trade tensions between the United States and Canada are escalating after talks collapsed, with new 50% US tariffs on about $20 billion of Canadian goods and retaliatory duties from Ottawa expected to put pressure on businesses and consumers.

China has condemned the United States' planned expansion of sanctions against Iran and its trading partners, warning that Beijing will take necessary steps to protect its interests amid rising tensions between Washington and Tehran.

BRICS Summit 2026 LIVE updates: Prime Minister Narendra Modi called for reforms to global institutions and urged the Global South to become a “rule-shaper” at the BRICS Summit in New Delhi. Chinese President Xi Jinping arrived in India for the summit, while Russian President Vladimir Putin and other leaders joined the high-level gathering. China will host the next BRICS summit in 2027, Xi announced.

China, Russia and Kazakhstan are exploring the revival of the Ob-Irtysh waterway as a potential Arctic trade corridor, but shallow waters, ice, infrastructure costs and competing water demands remain major hurdles.