US Sanctions Iran's Persian Gulf Strait Authority
The United States has imposed sanctions on Iran's Persian Gulf Strait Authority for its role in controlling traffic in the Strait of Hormuz, a critical waterway for global oil shipments.
Category : International Trade
US Trade Team in India June 1-4 for Interim Pact Talks
A US team led by chief negotiator Brendan Lynch will visit India from June 1-4 to finalize details of the interim trade pact and advance broader BTA negotiations.
US Trade Team to Visit India from June 1-4 for Talks
A US trade delegation will visit India from June 1-4 to discuss trade issues, aiming to strengthen bilateral economic ties and resolve outstanding disputes.
Iran Guards: War with US Unlikely, Ready to Defend
Iran's Revolutionary Guards say war with US is unlikely due to enemy weakness, while warning of full readiness to attack. Tensions rise amid ceasefire breaches and ongoing negotiations.
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Agoda Partners with Philippines Tourism to Boost Travel
Agoda and the Philippines Department of Tourism announce a strategic partnership to promote and elevate tourism, aiming to attract more visitors through digital initiatives.
Iran Accuses US of Ceasefire Violation After Defensive Strikes
Iran says US violated ceasefire with defensive strikes in southern Iran. Rubio says peace deal may take days. War since Feb 28 causes oil supply shock, raising fuel and food costs.
Quad Pledges $20B for Critical Minerals Supply Chains
Quad partners commit $20 billion to strengthen critical minerals supply chains, reducing reliance on China. Initiative includes mining, processing, and recycling.
India, US Sign Critical Minerals Deal to Counter China
India and the US have signed a framework on securing critical mineral supplies amid concerns over China's rare earth dominance, announced on the sidelines of the Quad foreign ministers' meeting in New Delhi.
Quad Launches Critical Minerals Initiative to Counter China
The Quad nations launched a critical minerals initiative to reduce reliance on China, with top diplomats from India, US, Australia, and Japan attending the meeting.
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India-US Sign Critical Minerals Framework Agreement
India and the US signed a bilateral framework for critical minerals and rare earths, aiming to secure supply chains and reduce dependence on China, announced by EAM Jaishankar and US Secretary Rubio.
Quad to Launch Critical Minerals Framework for Indo-Pacific
The Quad nations are set to launch a Critical Minerals Framework to strengthen supply chains in the Indo-Pacific, reducing reliance on China and ensuring secure access to essential resources.
Senegal Denies Secret $754M Loan, Cites Transparency
Senegal refutes a Financial Times report claiming it secretly borrowed 650 million euros to avoid default, stating the transactions followed market transparency rules.
FTAs to Boost India's Textile Exports to EU, UK
Free trade agreements are set to boost India's textile exports to the EU and UK, with industry targeting $15 billion from $9.76 billion in FY25.
Conflict May Erode India Inc Profitability by 200 Bps
Crisil warns that the West Asia conflict could erode India Inc's profitability by 200 bps, with the ceramic industry facing the sharpest impact due to gas shortages.
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Marco Rubio Signals Imminent US-India Trade Agreement
US Secretary of State Marco Rubio hints at a soon-to-be-finalized trade deal with India during his first visit, aiming to repair strained bilateral relations over tariff disputes.
Haryana CM Assures Traders Amid Middle East Crisis
Haryana CM Nayab Singh Saini assured traders of full government support amid the Middle East crisis, highlighting new industrial policy and incentives.
India-US Trade Ties: Scope and Constraints, Says Panel
A parliamentary committee on commerce has noted that India-US trade relations hold significant potential but face several constraints, calling for strategic engagement to unlock opportunities.
Oil May Hit $200 If Hormuz Stays Closed Through 2026
A Wood Mackenzie report warns that global crude oil prices could surge to $200 per barrel if the Strait of Hormuz remains closed through 2026, triggering a severe energy and economic crisis.
US Pauses $1.4B Taiwan Arms Sale for Iran Conflict
The US has paused a $1.4 billion arms sale to Taiwan to conserve munitions stockpiles for potential conflict with Iran, raising concerns in Taipei.
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US Team to Visit India in June for Free Trade Talks
A US delegation will visit India in June for free trade agreement talks, following an Indian team's visit to Washington last month to refine details and push negotiations forward.
US Trade Delegation Likely to Visit India Next Month
Union Minister Piyush Goyal announced that a US trade delegation is expected to visit India next month to strengthen bilateral trade ties and resolve outstanding issues.
India-US Trade Pact May Be Finalised Within Months: US Envoy
US Ambassador Sergio Gor expressed optimism about finalising a bilateral trade agreement with India within months, aiming to reduce barriers and boost market access.
UK Public Perception of Net Migration Misaligned with Data
A new study reveals that many UK voters mistakenly believe net migration is rising, despite official figures showing a sharp decline to 171,000 in 2025.
Centre Assures Stable Fuel Supply Amid Middle East Crisis
The Indian government assures stable LPG, petrol, and diesel supplies amid Middle East tensions, urging citizens to avoid panic buying and conserve energy.
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CII, Cyprus Chamber Sign MoU to Boost Trade Investment Ties
The Confederation of Indian Industry has signed an MoU with the Cyprus Chamber of Commerce and Industry to enhance bilateral trade and investment between India and Cyprus.
Trump, Netanyahu Tense Call on Iran War Future
Reports reveal a tense phone call between Trump and Netanyahu over Iran war strategy, with Trump pushing for a deal but ready to resume conflict if needed.
India-Norway Boost Green Energy, Maritime, Fintech Ties
India and Norway are deepening collaboration in green energy, maritime, and fintech sectors under the Trade and Economic Partnership Agreement (TEPA), aiming for sustainable growth and innovation.
China Signals Willingness to Accept US Tariffs, Seeks Truce Extension
China indicates it can accept US tariffs within agreed limits and pushes to extend the trade truce, signaling potential stabilization in ties between the world's two largest economies.
Oil Prices Drop After Trump Iran War Comment
Oil prices fell nearly $1 on Tuesday after US Vice President JD Vance reported progress in US-Iran talks, reducing fears of military conflict and easing supply disruption concerns.
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Bessent: G7 to Confront China Over Trade Imbalances
US Treasury Secretary Bessent says G7 aims to confront China using trade imbalances data, warning of a flood of Chinese exports like EVs that could damage Western economies.
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