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Iran embraces hybrid maritime strategy to counteract US sanctions

The United States is expanding sanctions on Iran's petroleum and petrochemical sectors following Iran's October 1 attack on Israel, marking its second direct assault...

Middle East Turmoil: Recent developments, oil production fears, and global shipping impacts

As geopolitical tensions continue to escalate in the Middle East, concerns are mounting over potential disruptions to oil production and their far-reaching effects on...

Iran seizes two Greek tankers in Persian Gulf, warns for further similar actions

Two Greek tankers have been held captive by Iran’s Islamic Revolution Guards Corps (IRGC) since last Friday (27 May). The ships “Prudent Warrior” and “Delta...

US-Iran tensions may impact India’s exports

The prevailing tensions between the United States and Iran will have implications on India's exports to the Persian Gulf nation, Federation of Indian Export...

India-Iran trade plunges 79%; may fall further

Escalating tensions could deplete balance in rupee-rial account, fear exporters India-Iran trade declined a sharp 79.4 per cent in the first eight months of the...

4th direct route between Iran and Oman

Iran and Oman launched their fourth direct shipping route to connect Iran’s port city of Jask to the Omani port of Al Suwaiq, the...

U.S. sanctions create trade cooperation opportunities

Outgoing Indian ambassador to Tehran and the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture have discussed ways of continuing Iran-India trade...

South Korea explores Iran’s opportunities

An economic delegation from South Korea discussed investment opportunities with the economic officials of the southern Bushehr Province on Sunday (Nov. 11). According to Saeed...

Iran rules out claims of UAE cargo ban

An Iranian official has ruled out rumors of ban on cargo export from UAE to Iran due to pressures of US re-imposed sanctions. "There is...

Iran to sue U.S. for shipping sanctions

Iran will sue the United States at the International Maritime Organization (IMO) for sanctioning its maritime transport services, Mohammad Rastad, managing director of the...
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