
The transits are a lifeline to gulf energy producers and a boon to shipowners and commodity traders who stand to reap billions of dollars from the trade.

The partnership includes a GIFT City-based facility for dollar-denominated transactions and a partial guarantee mechanism for domestic rupee transactions

Pact to boost Indian exports in key sectors and strengthen strategic Gulf ties



Oil producers across the Americas have responded to the disruption in the Gulf by increasing output and exports.
Assam has struck gold with its groundbreaking legal export of agarwood chips to Saudi Arabia and the UAE, valued at a remarkable Rs 2.35 crore. This milestone is a game-changer for the state’s agro-forest economy, opening a treasure trove of opportunities for…
U.S. and Iranian forces continued fighting in the Gulf, but President Donald Trump said a ceasefire was still holding despite the flare-up.
Iranian ports pose war-zone risks, while visa restrictions and logistical hurdles along the Arab states lining the Gulf’s southern shores make it difficult for many sailors to leave their vessels