LONDON, April 13 (Reuters) – British Prime Minister Keir Starmer said on Monday that whatever the pressure, Britain would not be dragged into the Iran war nor be involved in a blockade of the Strait of Hormuz. “We’re not supporting the blockade,” he told BBC Radio 5 Live, adding that it was vital to get
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SINGAPORE, April 13 (Reuters) – Oil prices climbed above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and fromIran via the Strait of Hormuz, a move that could restrict Iranian oil exports, after Washington and Tehran failed to reach a deal to end the war. Brent crude futures rose
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April 12 (Reuters) – President Donald Trump on Sunday said the U.S. Navy would immediately start blockading the Strait of Hormuz and would also interdict every vessel in international waters that had paid a toll to Iran. Trump made his remarks in a Truth Social post hours after U.S-.Iran peace talks ended without a deal.
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India has further raised a windfall tax on exports of diesel and aviation turbine fuel it imposed last month to ensure adequate domestic supply. In a government notification on Saturday, India’s finance ministry increased the tax on diesel exports to 55.5 rupees per litre from 21.5 rupees per litre, and on exports of aviation turbine
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