September 18, 2026 8:51 AM

US sanctions Iranian financier’s crypto exchange, says it processes Hormuz payments

The United States announced sanctions on an Iranian cryptocurrency exchange controlled by sanctioned Iranian financier Babak Zanjani on Thursday, accusing it of processing payments for ships to transit safely through the Strait of Hormuz. Treasury said BitBank had routed hundreds of millions of dollars to the Islamic Revolutionary Guard Corps and described the exchange as a key component in Iran’s digital assets-based sanctions-evasion infrastructure. The exchange was used to transfer funds p...

September 14, 2026 8:47 AM

Iran-Gulf Meeting on the Strait of Hormuz Postponed

The Meeting planned on Monday between Iran and the Gulf countries to discuss arrangements for shipping through the Strait of Hormuz, has been postponed. Oman’s Foreign Minister Badr bin Hamad Al Busaidi announced the development late Sunday evening. He said the regional meeting scheduled for Monday in Salalah has been postponed ‘in the interest of consensus’, while stressing Oman’s continued commitment to dialogue, regional stability and long-term cooperation. Iranian state-affiliated m...

September 8, 2026 8:38 AM

Iran says it plans new Gulf ‘exclusion zone’, threatens US with new missiles

Iran threatened the United States with "economic warfare" on Tuesday and said it had fired an advanced missile at U.S. warships,underscoring the risks of further escalation in the war only days after both sides traded blows again. The six-month-old war has been marked by a cycle of pauses followed by periodic flare-ups, with the U.S. last reporting attacks on Iranian targets on Saturday, when U.S. forces struck three Iranian oil tankers. Iranian state media on Sunday reported that Iran fired th...

September 7, 2026 1:40 PM

Iran says to announce new restricted zone in the Gulf in the coming days

Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping sent oil prices higher on Monday. The new restricted zone will begin from where the U.S. blockade of Iran begins and extend into areas of the Gulf, Mohsen Rezaei, the secretary of Iran's Supreme National Security Council, said on Sunday in an interview with state TV. Few details were provided on th...

September 7, 2026 9:10 AM

Iran to declare a new ‘restricted zone’ near the Strait of Hormuz, says top Iranian Security Official

Iran’s top security official has announced that a new restricted zone will be declared outside the Strait of Hormuz in the coming days, and that any vessel entering the area without coordination with them will be placed on an Iranian sanctions list. Major General Mohsen Rezaei, secretary of the Supreme National Security Council (SNSC) said that the zone will begin from the US Navy’s blockade line and extend into parts of the Persian Gulf. Ships that move toward the strait from eit...

September 3, 2026 9:53 AM

Iran war escalation raises concern over civilian death toll

The sudden recent escalation of the Iran war has cast renewed attention on its civilian toll after Iran reported 18 dead in the last U.S. assault, including four killed and dozens wounded at a wedding. Iran's health minister said 18 people were killed and 108 wounded in Tuesday night's U.S. strikes across Iran. The Iranian Red Crescent said four people were killed and 67 wounded at a wedding ceremony near the coast of the Strait of Hormuz. The return of combat operations has alarmed countries ...

September 3, 2026 8:44 AM

Two Filipino Seafarers killed in an Iranian attack on Saudi Tanker passing the Strait of Hormuz

Two Filipino seafarers were killed in an Iranian attack on an oil tanker owned by Bahri, Saudi Arabia’s national shipping company. The company confirmed the fatalities onboard its vessel Sidr, which it said was involved in a security incident late night on Wednesday, 31st August. Saudi Arabia condemned Iran’s targeting of the tanker. The Saudi Foreign Ministry also condemned Iran’s attacks on Jordan, Bahrain and Kuwait, and expressed full support and solidarity with the three countries in...

August 27, 2026 10:22 AM

Sensex, Nifty post mild uptick over easing crude prices

The Indian equity markets posted a mild uptick early on Thursday as oil prices edged down on expectations of Iran-Oman talks over opening the Strait of Hormuz. As of 9.18 am, Sensex added 81 points, or 0.10 per cent, to reach 77,553 and Nifty gained 37 points, or 0.16 per cent, to reach 24,425. Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 added 0.31 per cent, and the Nifty Smallcap 100 gained 0.24 per cent. All sectoral indices on NSE traded in ...

August 24, 2026 4:21 PM

Sensex, Nifty end lower as Iran-Hormuz tensions weigh on investor sentiment

The benchmark indices ended lower on Monday as rising geopolitical tensions weighed on investor sentiment after Iran threatened to seize vessels and alter transit rules for the Strait of Hormuz ahead of the US announcement of sanctions against Tehran. The Sensex declined 171.72 points, or 0.22 per cent, to settle at 77,369.11, while the Nifty fell 32.95 points, or 0.14 per cent, to close at 24,219.05. Commenting on Nifty technical outlook, experts said the 24300 region remains the crucial resi...

August 24, 2026 1:54 PM

Iran warns vessels violating Hormuz transit rules of fines, detention

Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X. The warning heightens risks for the charterers and shipowners whose vessels transit through the Strait of Hormuz, a key waterway for the world's energy shipments. The PGSA, a new body Iran has established with the aim of managing the strait, has said cargo owners should...