Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means
Iran is planning to tighten its grip over the Strait of Hormuz with new transit fees to regulate ship movement through...
Global markets rally as Iran opens shipping channel
MUMBAI: The opening of the Strait of Hormuz, one of the most important shipping channels in the world for the flow...
US stock market: Wall Street at record high after Trump says ‘Hormuz is open’; Dow jumps over 800 points, Nasdaq up 1.5%
Wall Street benchmarks closed at record highs on Friday, as easing geopolitical tensions in West Asia fuelled a broad risk rally...
Russian oil sanctions: US extends waiver for cargoes already at sea
The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea,...
With three new units, UltraTech to take capacity past 200 MTPA
MUMBAI: UltraTech Cement will cross 200 million tonnes of capacity after commissioning three grinding units totalling 8.7 million tonnes on Friday,...
Indian refiners purchase Iranian oil, pay in yuan
New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments...
