Browsing Tag
Strait of Hormuz
294 posts
Strait of Hormuz standoff raises risks to global supply of antibiotics, diabetes drugs, and blood pressure medicines
Strait of Hormuz closure disrupts petrochemical feedstocks and logistics for India's generic drug sector, raising US prescription supply and pricing risks.
March 16, 2026
India’s diplomatic push pays off: Shivalik docks at Mundra with LPG after Strait of Hormuz transit cleared
Indian LPG carrier Shivalik docks at Mundra Port with 46,000 MT of gas after transiting the Strait of Hormuz. India assures supply, raids black market, boosts output.
March 16, 2026
Brent crude tops $105 as Strait of Hormuz remains shut in largest supply disruption in global oil market history
Oil rises to $105 as US-Israeli war on Iran threatens Gulf export terminals and keeps Strait of Hormuz shut in the biggest supply disruption in history.
March 16, 2026
White House says Iran war ending soon. Tehran says it never asked for a ceasefire
Trump threatens more Kharg Island strikes as US officials predict weeks to war's end. Iran rejects talks and vows to outlast the US-Israel campaign.
March 16, 2026
Trump calls on oil-importing nations to take shared responsibility for Strait of Hormuz security as global shipping crisis deepens
Trump calls on China, Japan, South Korea, France, and UK to send warships to the Strait of Hormuz as US-Iran war keeps global oil shipping at a standstill.
March 15, 2026
Strait of Hormuz closure pushes oil to 2022 highs as Wall Street logs weekly loss amid Iran conflict
Brent crude settles above $100 and US stocks post weekly losses as the Strait of Hormuz closure fuels inflation fears and complicates Federal Reserve rate cut plans.
March 14, 2026
What does the US bombing of Kharg Island mean for the Iran war, global oil markets, and Strait of Hormuz shipping?
US Central Command bombed every military target on Iran's Kharg Island on March 13, 2026. Trump threatens oil infrastructure over Strait of Hormuz closure.
March 14, 2026
Iran’s new supreme leader Mojtaba Khamenei breaks silence: Hormuz stays closed, war expands
Iran's new Supreme Leader Mojtaba Khamenei vows to keep the Strait of Hormuz closed and attack US bases in first statement broadcast on Iranian state TV on 13 March 2026.
March 13, 2026
Iran planned surprise drone strike on California, FBI bulletin reveals
FBI warned California law enforcement that Iran allegedly aspired to launch surprise drone attacks on the state from an offshore vessel amid the US-Iran war.
March 12, 2026
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
March 12, 2026