Despite a 14-day US-Iran ceasefire tied to reopening Hormuz and Tehran allowing transit, shipping through the key maritime chokepoint remains largely halted.
The physical arteries of India's economic rise depend on a single legal principle that Iran's conduct during this crisis has put under serious pressure.
Trump warned Iran that a ‘whole civilisation will die tonight’ if it does not lift blockade of Strait of Hormuz. China, Russia vetoed UNSC resolution on reopening critical shipping route.
Tankers asked to pay about $1 per barrel in yuan or stablecoins to IRGC-linked intermediaries for escorted transit, with some also required to switch flags to friendly nations.
A network of islands Tehran calls 'unsinkable aircraft carriers' near Strait of Hormuz gives Iran sweeping oversight of shipping lanes as regional standoff shows no sign of ending.
Many migrants lack documentation required for registered LPG connection. Without official status, they are excluded from the government’s subsidised rates.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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