Washington: The United States is preparing a government-backed insurance program for ships passing through the Strait of Hormuz, aiming to restore tanker traffic and stabilize global oil supply amid rising […]
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Category: Wars
Fresh Herb Trade at Risk as Hormuz Tensions Disrupt Parsley Shipments
The global parsley trade is facing uncertainty as rising security risks in the Strait of Hormuz disrupt shipping routes and increase costs for exporters of fresh produce. The situation comes […]
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Strait of Hormuz Conflict Puts Indian Dill Exports and Herb Trade Routes Under Strain
The closure and militarization of the Strait of Hormuz amid the Iran war has created a new layer of risk for Indian dill exporters and global herb buyers. While a […]
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Thai Rice Exports Disrupted: Market Shock from War in the Middle East
The global rice market is currently experiencing significant turbulence, with Thailand—a major exporter—facing severe disruptions due to escalating conflict in the Middle East. As two ships carrying a combined 80,000 […]
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Iran Says It Will Not Close Strait of Hormuz but Reserves Right to Protect Security
Iran has clarified that it has no plans to close the Strait of Hormuz, one of the world’s most critical oil shipping routes, but emphasized that it reserves the right […]
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Govt to Allocate 20% LPG Supply to Commercial Units Amid Ongoing Shortage
The Indian government has announced that commercial establishments will receive 20% of their average monthly LPG requirement as supply disruptions continue to affect restaurants, corporate cafeterias and large-scale catering services […]
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India Gets Safe Passage Through Strait of Hormuz After Diplomatic Talks with Iran
India has secured safe passage for its ships through the Strait of Hormuz after diplomatic discussions between External Affairs Minister S. Jaishankar and his Iranian counterpart, even as maritime tensions […]
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LPG Shortage Hits Indian Restaurants as Middle East Conflict Disrupts Fuel Supply
LPG Shortage Hits Indian Restaurants as Middle East Conflict Disrupts Fuel Supply CMB News | Energy & Food Industry | March 2026 India’s restaurant sector is facing mounting pressure as […]
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How a Strait of Hormuz Shutdown Could Disrupt Global Oil Supply
The closure of the Strait of Hormuz, one of the world’s most critical energy shipping routes, is sending shockwaves through global oil and gas markets after the escalation of the […]
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Six Ships Attacked in Gulf and Strait of Hormuz as Middle East War Threatens Global Shipping
At least six merchant vessels were attacked in the Gulf and the Strait of Hormuz, marking a sharp escalation in maritime risks as the conflict between Iran and U.S.-Israeli forces […]
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