← Top stories
● Neutral for Indian equities
5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz
The brief
- Five Indian nationals were rescued from tanker MT Kazimah III after it was struck by a projectile
- The Indian Embassy in Oman coordinated the rescue
- Hormuz shipping risks matter to Indian oil importers and shipping companies
- Crude oil tanker struck by unknown projectile off Oman, UKMTO says
- Arctic sea routes boom as Gulf war and global warming divert shipping
- Saudis plan assault on Houthis to break Red Sea chokehold
- Italy says EU naval mission in Red Sea still insufficient
- Oil Prices Fall as Middle East Crude Exports Recover But Shipping Risks Remain
Attacks on commercial shipping in the Gulf
India urged restraint and de-escalation amid the Gulf conflict, warning that threats to shipping could affect energy supplies, commerce and maritime security. UKMTO later reported that two oil tankers were struck by unidentified projectiles in the Strait of Hormuz.
Saturday, 3 October
- 5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz