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Mumbai: In a major development for India's energy supply chain, Jawaharlal Nehru Port Authority (JNPA) near Mumbai on Thursday received 'Green Asha,' an India-flagged LPG vessel that successfully navigated the strategically sensitive Strait of Hormuz. The vessel has docked at the liquid berth operated by BPCL-IOCL. The vessel carried approximately 15,400 tonnes of liquefied petroleum gas (LPG), a crucial fuel widely used for domestic and commercial purposes across India. Officials confirmed tha ...Read More >
* March job gains surpass expectations, unemployment rate dips * ISM non-manufacturing PMI decelerates, prices paid hit 3-1/2-year high * Soleno Therapeutics surges on Neurocrine's $2.9 bln buyout deal (Updates to market close) By Stephen Culp and Purvi Agarwal April 6 (Reuters) - U.S. stocks advanced on Monday as investors looked for signs of progress toward a U.S.-Iran ceasefire deal and evaluated President Donald Trump's progressively heated threats of escalation should Iran fail to reope ...Read More >
Hyderabad: A day after it was reported that Iran and Oman were making a joint plan for the Strait of Hormuz, three Omani ships crossed the Strait of Hormuz. These ships crossed the strait near the coast of Oman, unlike all the other ships so far that took a route from near Iran. Iran said on Thursday it was drafting a peacetime protocol that would supervise maritime traffic through the Strait of Hormuz with Oman, state media reported, with Tehran's closure of the vital oil corridor roiling the ...Read More >
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