The Hindu Businessline

India and US positions far apart on moratorium extension

The escalation threatens key shipping routes such as the Strait of Hormuz and Bab el-Mandeb, disrupting global oil supplies and trade flows

Demonstrators raised concerns over immigration crackdowns, civil liberties and foreign policy, even as Republican leaders dismissed the protests as politically driven

The India-flagged BW Tyr and BW Elm, carrying cooking fuel, were last tracked past the northern tip of the Omani peninsula, according to Bloomberg vessel-tracking data

Alternatives ranging from a two-year extension to scrapping the moratorium are on the table amid Washingtons all-or-nothing stance

Trump and the White House have insisted the operation is going well and on track to meet its goals

Two container ships turned back into Gulf

The Houthis, a rebel group backed by Tehran, have held Yemens capital, Sanaa, since 2014

Earlier this month, the US launched two trade investigations into excess industrial capacity in 16 trading partners, including China, and into forced labour

The move comes amid escalating tensions, with both sides hardening positions over ceasefire talks.

Chinese Ambassador to India says both countries should carry forward Eastern wisdom to stop the world from reverting to law of the jungle

Asia, which relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world, is the most vulnerable to supply disruption

China will not attend the summit, the Elysee said, denying previous media reports

China's foreign ministry did not disclose if it was aware of any negotiations between Washington and Tehran, but Wang expressed cautious optimism in a phone call with his Egyptian counterpart on Wednesday.

Assurance comes amid focus on transatlantic economic ties

Iran is instituting a de facto toll booth' regime, industry experts say, with some ships paying in Chinese yuan to pass through the strait, where 20 per cent of all traded oil and natural gas is transported in peacetime

According to industry sources, the refinery processed 17.5 million metric tons of oil (350,000 barrels per day) in 2024, which amounted to 6.6% of Russia's total oil refining volumes

The external affairs minister will visit Abbaye des-Vaux-de-Cernay in France on March 26 and 27 to participate in the G7 foreign ministers meeting with partner countries

With the US focused on its own conflict with Iran, President Donald Trump is applying pressure to Ukraine in an effort to bring a quick end to the four-year war triggered by Russia's 2022 invasion, Zelenskiy said

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