Dry bulk freight rates surge 36% to three-year high: BoB
Dry bulk freight rates surged about 36 per cent between February and July 2026, reaching their highest level in three years, a Bank of Baroda Research report said. The Baltic Dry Index…
All posts tagged in US-Iran conflict
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China oil shippers abandon Hormuz, Bab al-Mandab
China's largest oil shipping companies have stopped using the Strait of Hormuz and the Bab al-Mandab strait, according to a Gulf News report. The shift is driven by the escalating U.S.-Iran conflict,…
Sensex, Nifty fall for fifth day on crude surge, IT slump
Indian benchmark indices Sensex and Nifty fell for a fifth straight session on Monday, dragged by rising crude oil prices and selling in IT stocks. The Sensex dropped 281.09 points (0.36%) to…
Iran may prolong war until Trump leaves office: IRGC general
Tehran may prolong its war with the United States until President Donald Trump leaves office in 2029, a top Iranian military adviser has said. General Mohammad Reza Naqdi of the Islamic Revolutionary…
Trump claims US has ‘total control’ of Strait of Hormuz
US President Donald Trump has claimed the United States has 'total control' over the Strait of Hormuz, calling his naval blockade 'a wall of steel' and saying Iran cannot challenge it. In…
Trump may drop nuclear demands if Iran reopens Hormuz
The Wall Street Journal reports that US President Donald Trump is prepared to end the military standoff with Iran and drop demands for a nuclear agreement if Tehran fully reopens the Strait…
Russia pitches direct rail link to India via Iran, Pakistan
Russian Deputy Prime Minister Marat Khusnullin has called for a feasibility study on a direct rail link from Russia to India via Turkmenistan, Iran, Afghanistan and Pakistan. The proposed overland freight corridor…
Market cap of four top-10 firms rises Rs 1.43 lakh crore
The combined market valuation of four of the top-10 most valued Indian firms jumped Rs 1.43 lakh crore last week, with State Bank of India adding the most, according to PTI. Reliance…
