This development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for energy imports and engineering exports to the WANA region.

ISLAMABAD: The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since…

Trump confirmed that a deal had been reached with Iran and said he had authorized an end to the US naval blockade of Iranian ports in the Strait of Hormuz. | World News

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…