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Iran holds navy drills in Persian Gulf amid standoff over tanker
By Bloomberg | Posted by Mallika Soni
UPDATED ON JAN 07, 2021 11:05 PM IST
Iran has used its influence over the Persian Gulf to push back against US-led attempts to isolate it economically. A government spokesman this week linked the seizure of the tanker to billions of dollars trapped in South Korea by US sanctions.

Joe Biden’s Iran problem is getting worse by the day. Here’s why
By Associated Press | Posted by Kunal Gaurav | Washington
UPDATED ON JAN 05, 2021 06:52 PM IST
In the past week alone, President Donald Trump’s team has dispatched B-52 bombers to the Persian Gulf in response to alleged Iranian attack planning and reversed an order to bring home the USS Nimitz, the only US aircraft carrier in the region.

Iran acknowledges it seized South Korean-flagged oil tanker
By Associated Press | Posted by Kunal Gaurav | Dubai
PUBLISHED ON JAN 04, 2021 05:36 PM IST
The report on Monday alleged that the MT Hankuk Chemi had been stopped by Iranian authorities over alleged “oil pollution” in the Persian Gulf and the strait.

Iraq explosives experts working to defuse mine on oil tanker
By Associated Press | Posted by Kunal Gaurav | Baghdad
PUBLISHED ON JAN 01, 2021 10:12 PM IST
A limpet mine is a type of naval mine that attaches to the side of a ship, usually by a diver-member of special forces. It later explodes, and can significantly damage a vessel.

India’s evolving energy diplomacy | HT Editorial
By HT Correspondent | Hindustan Times
UPDATED ON DEC 09, 2020 06:42 AM IST
The real challenge for India’s energy diplomacy is preparing the ground for a post-oil future in a manner that ensures oil markets abet rather than disrupt this larger transition

US move on UN Iran sanctions faces pushback
By Agencies | Washington/Trehan, Washington/tehran
UPDATED ON SEP 21, 2020 03:59 AM IST
On Saturday, the commander of the Islamic Revolutionary Guard Corps warned that Iran would set Washington’s military outposts in the Persian Gulf “on fire at once” if its adversary tried to start a war.

News updates from Hindustan Times: Delhi Police map burglary-prone areas in capital and all the latest news
By hindustantimes.com | Hindustan Times, New Delhi
UPDATED ON SEP 06, 2020 09:12 AM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.

Cash crunch forces many Telangana expats in Persian Gulf to drop travel plans
By Srinivasa Rao Apparasu | Edited by Sabir Hussain | Hindustan Times, Hyderabad
UPDATED ON MAY 10, 2020 06:08 PM IST
Many stranded migrant workers from Telangana have backed out from travelling in Vande Bharat special flights because they cannot bear expenses for their travel and pay for their 14-day quarantine on their return to India.

Kerala braces for huge influx of expatriates amid Covid-19 pandemic
By HT Correspondent | Hindustan Times, Thiruvananthapuram
PUBLISHED ON APR 29, 2020 09:17 PM IST
In three days, more than three lakh people who are waiting to return home from foreign countries have registered themselves in a Kerala government portal.

Centre has promised to bring back stranded expatriates in West Asia: Kerala CM
By Ramesh Babu | Hindustan Times, Thiruvananthapuram
UPDATED ON APR 25, 2020 07:37 PM IST
Pinarayi Vijayan said that seven new Covid-19 cases were reported on Saturday, taking the total count to 457. So far, 342 have recovered and discharged from hospitals and another 116 are still undergoing treatment.

What the dip in oil prices means | HT Editorial
By HT Correspondent | Hindustan Times
UPDATED ON MAR 09, 2020 06:47 PM IST
A possible fiscal dividend will come as a huge relief to India

Ivanka Trump lauds Saudi, UAE on women’s rights reforms
By Associated Press | Dubai
UPDATED ON FEB 16, 2020 09:15 PM IST
The daughter of US President Donald Trump was delivering the keynote address at the two-day Global Women’s Forum held in an opulent resort overlooking the city’s Persian Gulf coastline.

India deserves to be included in UNSC: Russian minister
By Rezaul H Laskar | Hindustan Times, New Delhi
UPDATED ON JAN 16, 2020 02:07 AM IST
Lavrov criticised the US-backed concept of the Indo-Pacific and a “rules-based world order”, saying they are either divisive or aimed at containing China.

‘No need to panic about oil prices’: Minister amid tensions between US, Iran
By Press Trust of India | Kolkata
UPDATED ON JAN 11, 2020 04:29 PM IST
The minister said that the government has taken a “wait and watch” policy and assured that there is no need to panic.

Dubai is flouting biggest taboo of an economy without brakes
By Zainab Fattah | Bloomberg
UPDATED ON NOV 10, 2019 08:41 AM IST
Some developers are already holding off on planned projects. Two of Dubai’s homegrown billionaires are now calling for a pause to new development. Khalaf Al Habtoor, who once added 1,600 hotel rooms to the city through one project, said the market is saturated.

Oil refiners face dilemma as surging freight costs kill margins
By Serene Cheong and Sharon Cho | Bloomberg
UPDATED ON OCT 15, 2019 07:15 AM IST
US sanctions on Chinese shipping companies and Friday’s attack on an Iranian tanker have turbo-charged transport costs, with rates on the Persian Gulf to China route at almost six times this year’s average.

World’s largest oil processing facility in Saudi hit by drone strikes, Yemen rebels claim attacks
By Associated Press | Dubai, United Arab Emirates
UPDATED ON SEP 14, 2019 02:53 PM IST
It wasn’t clear if there were any injuries in the attacks in Buqyaq and the Khurais oil field, nor what effect it would have on oil production in the kingdom.

India rethinks buying US armed drones
By Shishir Gupta | New Delhi
UPDATED ON JUN 05, 2020 08:38 PM IST
The Indian Air Force has raised concerns about an armed drone surviving in a contested air space like PoK or along the LAC.

Release detained crew: India to UK, Iran
By HT Correspondent | New Delhi
UPDATED ON JUL 26, 2019 03:55 AM IST
There are 24 Indians in the crew of the Iranian tanker Grace 1, which was boarded by British marines off Gibraltar on July 4. British authorities detained the tanker on the suspicion that it was carrying oil to a refinery in Syria in contravention of European Union sanctions.

Iran tries to seize British tanker in Persian Gulf: Report
By Karen Leigh and Ana Monteiro | Bloomberg
UPDATED ON JUL 11, 2019 12:02 PM IST
The Revolutionary Guards said there had been no confrontation with foreign ships, including from the UK, in the past 24 hours, the semi-official Fars news reported.

Why an escalation in US-Iran tensions should worry Delhi
PUBLISHED ON JUL 09, 2019 07:58 PM IST
Faced with serious attempt to squeeze its economic or strategic assets, Iran will respond in ways that can jeopardise maritime traffic in the Gulf.

India, US vow to work as friends to resolve issues
By Shishir Gupta and Rezaul H Laskar | Hindustan Times, New Delhi
UPDATED ON JUN 27, 2019 12:28 AM IST
India’s concerns about US threats of sanctions on the $5.2-billion deal to procure S-400 missile defence systems from Russia, trade-related differences, tensions in the Persian Gulf, and the Indo-Pacific figured in Pompeo’s discussions with Prime Minister Narendra Modi and external affairs minister S Jaishankar.

India deploys warships in Persian Gulf region
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JUN 21, 2019 08:53 AM IST
The Indian warships will “reassure Indian flagged vessels” sailing through the area, spokesperson of the Indian Navy Captain D K Sharma said. India has deployed INS Chennai and INS Sunayna and maritime surveillance aircraft.

‘Iran build-up only for deterrence’: Officials tell US Congress
By Yashwant Raj | Hindustan Times, WASHINGTON
PUBLISHED ON MAY 22, 2019 10:43 PM IST
“We have deterred attacks based on our reposturing of assets, deterred attacks against American forces,” Shanahan said after the briefings.

Even misinterpretations can trigger a US-Iran war at this juncture
By HT Correspondent | Hindustan Times
PUBLISHED ON MAY 16, 2019 06:49 PM IST
It is likely that one country’s defensive move aimed at deterrence can be interpreted as an offensive move by the other

Two Saudi tankers came under ‘sabotage attack’ off UAE right after US warning
By Associated Press | Dubai, UAE
UPDATED ON MAY 13, 2019 10:33 AM IST
Two Saudi Arabia tankers were sabotaged off the UAE coast after US issued a new warning to sailors and the UAE’s regional allies saying that “Iran or its proxies” could be targeting maritime traffic.

As yield dips, no Valentine’s Day cheer for rose growers in Tamil Nadu
By MC Rajan and M Manikandan | Hindustan Times, Chennai
UPDATED ON FEB 14, 2019 01:32 PM IST
Rose exports to Persian Gulf countries, Australia, Singapore and Malaysia have halved after the yield fell 20% due to heavy dew.

Rupee logs biggest single-day gain in 5 years, leaps 100 paise on crude respite
By Press Trust of India | Mumbai
PUBLISHED ON NOV 02, 2018 08:00 PM IST
The Indian rupee Friday clocked its biggest single-day gain in over five years, surging by 100 paise to close at 72.45 against the US dollar on easing crude oil prices and possibility that the US might grant waivers to India from sanctions on Iranian oil imports.

India to cut imports of Iranian oil to zero in November
By Debjit Chakraborty, Dhwani Pandya and Javier Blas | Bloomberg
UPDATED ON SEP 26, 2018 05:00 PM IST
Indian Oil Corp. and Bharat Petroleum Corp., the country’s two largest state-owned refiners, haven’t asked for any Iranian cargoes for loading in November, according to officials at the companies.

Iran replaces Saudi Arabia to become second-biggest oil supplier to India
By Reuters | New Delhi
UPDATED ON JUL 23, 2018 09:03 PM IST
Indian PSUs, which last fiscal cut oil imports from Iran by a quarter, bought 5.67 million tonnes of crude oil from the Persian Gulf nation during April-June, higher than imports from Saudi Arabia. Imports from Iran were only second to Iraq.
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