Tag: Iran

India is engaging in diplomatic talks with Iran and implementing measures to protect its exporters from the impact of attacks on ships in the Red Sea by the Iran-aligned Houthi group in Yemen, Reuters reports.

According to IEA, rising geopolitical tensions in the Middle East, which accounts for one-third of the world’s seaborne oil trade, has markets on edge at the start of 2024.

Tesla and Volvo Car, owned by Geely, are temporarily halting production in Europe due to component shortages resulting from attacks on shipping in the Red Sea, Reuters highlights. 

An oil tanker formerly involved in a dispute between Iran and the United States, known as the Suez Rajan and later identified as the St. Nikolas, was boarded in the Gulf of Oman by unauthorized individuals in military uniforms, on 11th January. 

The U.S. Central Command has verified information regarding the recent assault on vessels in the Red Sea. They report that a barrage of missiles and one-way attack drones was initiated from regions in Yemen under Houthi control, characterizing the incident as a "sophisticated attack."

The Iranian container ship "Shamim" is poised to leave the Turkish port of Haydarpasa after being stranded for three years due to US sanctions.

Both Maersk and Hapag-Lloyd have reported incidents on December 15th, where one of their container vessels was targeted by a missile near the Bab al-Mandab Strait.

After Saturday's a surprise attack against Israel by the Hamas militant group, the conflict that wrecks the area continues to raise concerns for the implications of security and trade in the area, as well as the spread of a wider conflict.

A cargo of Iranian crude oil that was seized by the United States, for transporting Iranian oil, was sailing to the Bahamas on 20th September, with a new name, ship tracking data reflected.

According to news, Iranian forces have detained two ships in the Persian Gulf and arrested their crew for allegedly carrying smuggled oil.