Trump says Ceasefire Still Holds after Fighting between the US and Iran Flares

A fragile ceasefire between the United States and Iran came under renewed strain on Thursday after fresh fighting erupted in and around the Strait of Hormuz, but President Donald Trump insisted the truce remains in place. The flare-up marked the most serious test yet of the month-old ceasefire, raising fresh concerns over regional stability, oil […]

U.S. Weighs Sending More Troops as Iran War Enters Possible New Phase

In WASHINGTON the Biden administration is actively considering deploying thousands of additional U.S. troops to the Middle East as the conflict with Iran enters a potentially new and more intense phase, according to U.S. officials and sources familiar with the planning. Officials speaking on condition of anonymity said that strategic military options are being evaluated […]

Gulf Importers Race to Reroute as Hormuz Closure Jolts Supply Chains

Importers across the Gulf are scrambling to reroute shipments of food, medicines and industrial goods after the closure of the Strait of Hormuz triggered one of the most severe supply chain disruptions in decades. The shutdown of the narrow waterway a critical passage linking the Persian Gulf to global shipping lanes has effectively halted a […]

India’s MRPL Shuts Refining Units Due to Oil Shortage, Sources Say

New Delhi/Singapore India’s state‑owned Mangalore Refinery and Petrochemicals Ltd (MRPL) has temporarily shut down a crude oil processing unit and several secondary units at its 300,000 barrels‑per‑day refinery in Mangaluru due to a shortage of crude oil supplies, three sources with direct knowledge of the situation said on Thursday. The closures, which began Wednesday evening, […]

Iran Could Disrupt the Strait of Hormuz with Drones for Months, Raising Global Energy Concerns

Iran could potentially disrupt shipping through the strategically vital Strait of Hormuz for months using waves of drone attacks, according to military analysts and intelligence officials, raising fears of prolonged instability in global energy markets. The warning comes as tensions escalate across the Middle East following recent strikes by the United States and Israel on […]