Hormuz Archives - National Times

13 Jul

Global Oil Markets Rally Amid Renewed Gulf Tensions; Traders Eye Hormuz Shipping Risks

Rajeev Sharma0 CommentsTrending, World NewsHormuz

New Delhi (Rajeev Sharma): Crude oil prices registered a sharp increase on Monday as investors reacted to the latest military developments involving the United States and Iran, reigniting concerns over the security of energy supplies from the Gulf. The renewed escalation has once again placed the Strait of Hormuz under the spotlight, with traders fearing that any disruption to shipping could tighten global crude availability. During early trading, Brent crude moved close to the $80-per-barrel mark, while West Texas Intermediate (WTI) also advanced by more than four per cent. The gains came after reports of fresh US military strikes targeting…

26 Jun

Ship Attack Near Hormuz Casts Shadow Over Ceasefire as UN Reviews Maritime Safety Measures

Rajeev Sharma0 CommentsTrending, World NewsHormuz, Iran, Strait of Hormuz

Tehran (Rajeev Sharma): A reported attack on a commercial cargo vessel near the Strait of Hormuz has reignited concerns over maritime security in the Gulf, prompting the United Nations' shipping agency to temporarily suspend its escort operations while reassessing safety conditions. The incident occurred near the coast of Oman when a merchant vessel reportedly came under attack while navigating the strategically important waterway. Although the ship was not participating in the UN-facilitated escort programme, the episode has raised fresh doubts about the stability of the region despite ongoing diplomatic efforts between the United States and Iran. The International Maritime Organization…

04 May

US Plans Naval Escort for Ships in Hormuz Amid Rising Maritime Threats

Rajeev Sharma0 CommentsTrending, World NewsHormuz

Washington (Rajeev Sharma): The United States is set to begin a major maritime operation to assist vessels stranded in the troubled waters of the Strait of Hormuz, following an announcement by former President Donald Trump. The initiative, expected to commence on Monday, comes in response to increasing security risks and recent attacks on commercial shipping in the region. Trump described the move as a coordinated effort to ensure safe passage for ships caught in the conflict zone, stressing that many of them belong to neutral nations. The plan is intended to help maritime traffic resume normal operations after weeks of…

30 Apr

Washington Seeks Global Support to Secure Hormuz Shipping Lane Amid Ongoing Iran Standoff

Rajeev Sharma0 CommentsTrending, World NewsHormuz, Iran, US

Washington (Rajeev Sharma): The United States is stepping up efforts to rally international partners for a new maritime initiative aimed at restoring commercial shipping through the Strait of Hormuz, as disruptions linked to tensions with Iran continue to impact global trade. Officials are reportedly proposing a coordinated framework that would bring together multiple nations to ensure safe navigation in the Gulf. The plan is expected to involve intelligence-sharing, diplomatic coordination and enforcement mechanisms to counter threats to vessels passing through the strategic waterway. The Strait of Hormuz, a crucial route for oil shipments worldwide, has seen reduced activity amid heightened…

23 Apr

Ceasefire Holds but Gulf Tensions Rise as Iran Targets Vessels in Hormuz

Rajeev Sharma0 CommentsTrending, World NewsHormuz, Iran

Washington/Tehran (Rajeev Sharma): The uneasy calm in the ongoing Iran-Israel conflict has been shaken by fresh maritime incidents, even as the United States signaled that its ceasefire arrangement with Iran will continue without a fixed deadline. US President Donald Trump stated that the truce would remain in place for now, despite uncertainty surrounding diplomatic efforts. Planned talks in Islamabad have been delayed after Iran showed hesitation in rejoining negotiations, prompting Washington to pause Vice President JD Vance’s proposed visit. Meanwhile, reports from Iranian media indicate that the country’s Revolutionary Guard has carried out another attack in the Strait of Hormuz,…

02 Apr

Nations Unite to Address Hormuz Crisis as Oil Route Remains Blocked

Rajeev Sharma0 CommentsTrending, World NewsHormuz, Strait of Hormuz

Tehran (Rajeev Sharma): A group of nearly 35 countries is coming together for high-level discussions to tackle the ongoing disruption in the Strait of Hormuz, where shipping activity has been severely impacted amid escalating tensions involving Iran. The initiative, led by the United Kingdom, aims to build diplomatic pressure to restore navigation through the key maritime corridor, which is essential for global energy supplies. Prime Minister Keir Starmer said the meeting would explore practical steps to ensure safe passage for vessels and resume the transport of critical goods. The talks, to be chaired by Foreign Secretary Yvette Cooper, come as…

06 Mar

Iran’s Selective Hormuz Strait Restrictions Offer Breathing Space for India’s Energy Supplies

Rajeev Sharma0 CommentsIndia, TrendingHormuz

Tehran (Rajeev Sharma): India may avoid major disruption to its energy imports after Iran clarified that restrictions in the Strait of Hormuz apply only to ships associated with the United States, Israel, Europe and their allied nations. The announcement has brought cautious relief to New Delhi, which relies heavily on the key maritime route for crude oil shipments. The strategic strait, located between Iran and Oman and measuring roughly 33 kilometres at its narrowest point, has remained closed since March 1 following coordinated military strikes on Iran by the United States and Israel. Given that close to 40 per cent…

01 Mar

Global Oil Shock: India Braces for $100 Crude as Hormuz Closure Ignites Energy Security Crisis

Gurpreet Singh0 CommentsBusiness, IndiaCrisis, Crude, Energy, Hormuz, India, Iran, Oil

New Delhi (Gurpreet Singh): The Indian economy is facing a critical strategic challenge as global oil prices surged nearly 10 per cent on Sunday, March 1, 2026, following a dramatic military escalation in West Asia. Brent crude jumped toward $80 a barrel in over-the-counter trading after joint US and Israeli strikes on Iranian leadership prompted Tehran to move toward shutting the Strait of Hormuz. This narrow maritime corridor is the primary artery for nearly one-fifth of global oil and gas supplies, and any prolonged blockage threatens to drive prices toward the $100 mark, significantly straining import-dependent nations. The crisis acquired…

01 Mar

Trade Risk Assessment: Commerce Ministry Summons Exporters and Shipping Chiefs as Hormuz Blockage Looms

Gurpreet Singh0 CommentsIndia, World NewsCommerce Ministry, Exporters, Hormuz, Shipping, Trade

NEW DELHI (Gurpreet Singh) — The Union Commerce Ministry has convened an emergency high-level meeting on Monday, March 2, 2026, to evaluate the growing threat to India’s trade interests following the dramatic escalation of the Middle East conflict. The hybrid-mode session will bring together senior government officials, representatives from the Federation of Indian Export Organisations (FIEO), major shipping lines, and freight forwarders to assess the viability of critical maritime corridors and the potential for a massive spike in logistics costs. The immediate trigger for the meeting is the reported unofficial "blockage" of the Strait of Hormuz by Iran’s Revolutionary Guard…