Two China-flagged supertankers bound for Venezuela reverse course as US tightens crackdown: Report

    Moscow accuses Washington of ‘nuclear hysteria,’ Beijing calls Trump’s nation ‘instigator’ of Iran war

    Russia on Thursday (Mar 12) accused the United States and its Western allies of whipping up “hysteria” about Iran’s nuclear ambitions, as tensions flared at the United Nations over Washington’s military campaign Operation Epic Fury against Tehran. China also slammed the US, calling it the “instigator” of the ​Iranian nuclear crisis. US envoy to the…

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      Bulk carrier claiming to be Chinese passes through Hormuz Strait

      A bulk carrier signaled it was Chinese-owned as it transited the Strait of Hormuz this week, highlighting how vessels are trying to ensure safe passage through the waterway during the war in the Middle East. The Iron Maiden changed its destination signal to “CHINA OWNER” from “For Orders” early Thursday as it made a break…

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      Crude oil prices rebound on fears of US involvement in Israel-Iran war; MCX crude oil rate jumps 2%

      Crude oil prices traded higher on Multi Commodity Exchange (MCX) on Thursday following a rebound in the international Brent oil prices, supported by the escalating conflict between Israel and Iran in the Middle East. MCX crude oil futures for July contract opened higher at ₹6,360 per barrel as against its previous close of ₹6,334 level….

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