Tag: oil trade route
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$4.5 billion a month: The real reason Iran wants Hormuz control
The growing geopolitical crisis has brought renewed focus on the Strait of Hormuz, as Iran Hormuz control emerges as a central demand in ongoing tensions with the United States. The narrow maritime corridor, widely regarded as a global oil chokepoint, has become a powerful bargaining tool, with Iran seeking international recognition of its authority over…
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India LPG ships anchored near Hormuz Strait amid rising tensions
The emerging Hormuz Strait blockade concerns intensified after multiple India LPG ships were reported anchored near the strategic waterway, raising alarms over a potential global energy disruption. At least five Indian-flagged LPG carriers, carrying over 1.7 lakh tonnes of cargo, have halted movement just southwest of the Strait of Hormuz, one of the world’s most…