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Amid the West Asia crisis, India has urged restoration of safe and unimpeded maritime passage through the Strait of Hormuz at the earliest while expressing concern about safety of its seafarers, stressing that any "purported closure" of vital waterways has direct consequences for the global economy. Addressing the UN Security Council open debate on 'The Safety and Protection of Waterways in the Maritime Domain' on Monday, Charge d'affaires at the Permanent Mission of India to the UN, Ambassador Yojna Patel, stressed that India sees maritime security and the protection of waterways as essential to global security and economic prosperity. "As a major trading nation, India strongly deplores the recent targeting of commercial shipping through the Strait of Hormuz and the endangerment of innocent civilian crew members. Such actions have resulted in the tragic loss of precious lives of Indian seafarers and are unacceptable," Patel said during the debate held under the Council Presidency of
At a military base outside Portsmouth, England, a 24-hour service monitors the Persian Gulf, the Red Sea and part of the Indian Ocean, responding to distress calls
The West Asia conflict has disrupted critical PCB materials, adding a new layer of cost pressure on electronics makers already dealing with rising memory prices and supply constraints
India's top airlines have asked the government for urgent relief as record-high jet fuel prices raise costs, threaten flight operations and may lead to higher fares and route cuts
While the potential passage may raise hopes of increased LNG exports from the region, other vessels in the Gulf appear to be remaining in place
From their February 27, 2026, level, the Nifty Smallcap 100 index rallied 6.5 per cent, while the Nifty Midcap 100 index gained 2.2 per cent. In comparison, the Nifty 50 and BSE Sensex are still down.
Brent crude futures for June climbed $2.32, or 2.1 per cent, to $110.55 a barrel as of 0638 GMT, after gaining 2.8 per cent in the previous session to its highest close since April 7
US Secretary of State Marco Rubio was asked in a Fox News interview about Iran's latest proposal, which would postpone discussions on its nuclear programme but end its chokehold on the Strait of Hormuz if the US lifts its blockade and ends the war. "There's no doubt in my mind that at some point in the future, if this radical clerical regime remains in charge in Iran, they will decide they want a nuclear weapon," Rubio said. "That fundamental issue still has to be confronted," he said. "That still remains the core issue here." Asked if he thinks the Iranians are serious about a deal, Rubio said they are skilled negotiators looking to buy time. "We can't let them get away with it," Rubio said. "We have to ensure that any deal that is made, any agreement that is made, is one that definitively prevents them from sprinting towards a nuclear weapon at any point.
The interception of the M/T Stream comes as American forces maintain a strict maritime restrictive operation in the region
United Nations General Secretary Antonio Guterres on Monday called for the immediate restoration of free navigation through the Strait of Hormuz, stressing that uninterrupted maritime movement is critical for global trade and economic stability amid rising tensions in the Gulf region.In a statement, Guterres said, "Navigational rights & freedoms through the Strait of Hormuz must be respected. I appeal to the parties: Open the Strait. Let ships pass. No tolls. No discrimination. Let trade resume. Let the global economy breathe. Safe, unimpeded passage is an economic & humanitarian imperative."Meanwhile, US Secretary of State Marco Rubio strongly criticised Iran's reported attempts to regulate or monetise vessel movement through the strategic waterway. In an interview with Fox News, Rubio warned that such measures would not be accepted by the United States and would amount to asserting control over an international passage."If what they mean by opening the Straits is 'Yes, ..
White House spokeswoman Olivia Wales said Washington "will not negotiate through the press" and reiterated that its red lines remain unchanged as it pursues an end to the conflict
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.12 per cent, hovering near the record high it touched on Monday
The Islamic Republic has enough unused storage capacity to last another 12 to 22 days
MEA Spokesperson Randhir Jaiswal said a joint statement was not possible because a general consensus could not be reached among the members
Araghchi's latest stop follows a series of high-level engagements across multiple countries, including Russia and Oman
With the United States trying to squeeze Iran by blockading goods from entering or exiting its ports, food suppliers are rerouting imports via the Caspian Sea to ensure food keeps getting into the country. The head of the Association of Iran's Food Industries said Monday that alternative import routes are being "incorporated into the supply chain for essential goods". "At present, there is no problem with the country's food security, but maintaining this situation requires careful planning," Mohammad Reza Mortazavi said, according to the state-owned Islamic Republic of Iran Broadcasting. The Caspian is the world's largest inland body of water and its southern coastline stretches more than 430 miles (700 km) in northern Iran. Iran is a net importer of food staples like grain and cooking oil.
The United States and Iran clashed over Tehran's nuclear programme as a review of the treaty meant to prevent the spread of atomic weapons got underway Monday at the United Nations, a confrontation almost certain to be repeated during the monthlong meeting. At issue was the election of Iran as one of 34 vice presidents of the conference, where 191 parties to the Nuclear Nonproliferation Treaty are reviewing its implementation as they have done every five years since it took effect in 1970. Iran was a candidate of what has been dubbed the "nonaligned movement," made up of 121 mainly developing countries. Tensions over Tehran's nuclear programme escalated ahead of the Iran war, with President Donald Trump vowing to ensure the country cannot build an atomic weapon. Iran has enriched uranium to near weapons-grade levels, but Tehran insists its programme is only for civilian purposes. The meeting began as Iran offered to reopen the Strait if Hormuz if the US lifted its blockade of Iran
US forces are actively preventing ships from entering or exiting Iranian waters as part of a sustained effort to monitor and control movement into strategic coastal hubs
Prior to his arrival in Russia, the top Iranian diplomat held pivotal meetings in Islamabad to further this regional agenda
Shares were mixed in Asia, and Tokyo's Nikkei 225 index hit a fresh record Monday after US stocks ended last week with new highs. The price of oil gained more than USD 1 as talks on ending the war with Iran hit more snags. The White House cancelled plans to send envoys to Pakistan for more negotiations, and US President Donald Trump cited a lack of progress. "If they want, we can talk, but we're not sending people," Trump told Fox News on Sunday. He said earlier on social media: "All they have to do is call!!!" This week will bring decisions on interest rates by top central banks, including the Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England. In Tokyo, the Nikkei 225 surged 1.4 per cent to 60,564.18, touching new intraday highs. The Kospi in South Korea jumped 2.1 per cent to 6,617.94. Hong Kong's Hang Seng index edged 0.1 per cent lower to 25,951.86, and the Shanghai Composite index was up 0.2 per cent at 4,089.04. Australia's S&P/ASX 200 ..