The Strait of Hormuz, a vital route that carries nearly 20% of the world’s seaborne oil trade, has largely shut down amid the escalating conflict in the region. While some Iranian shipments continue to pass through, many vessels from other countries have halted operations due to security concerns.
Due to the changing situation in and around the Middle East, several flights may be required to take longer routes or face diversions.
The USS Abraham Lincoln is one of the most formidable assets in the US Navy. It is the fifth aircraft carrier in the Nimitz class and is powered by nuclear reactors.
Iranian Ambassador to India, Iraj Elahi said the current situation in West Asia is deteriorating amid escalating conflict between Israel and Lebanon, adding that there is no horizon in sight for the end of the “tragic trend” in Gaza.
Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks lately, after the latest geopolitical crisis in West Asia, which has likely pushed investors to take money off their portfolios. Read further on Dynamite News:
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