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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
US intercepts sanctioned tanker in Arabian Sea as Iran bl...
2026-04-26 · via Economy News, Latest Economic News Today | The HinduBusinessLine
The United States Central Command said US naval forces intercepted the sanctioned vessel M/V Sevan in the Arabian Sea as part of Washington’s crackdown on Iranian energy exports. The tanker, linked to Iran’s “shadow fleet,” was directed to turn back under escort after a Navy helicopter intervention. (A file photo)

The United States Central Command said US naval forces intercepted the sanctioned vessel M/V Sevan in the Arabian Sea as part of Washington’s crackdown on Iranian energy exports. The tanker, linked to Iran’s “shadow fleet,” was directed to turn back under escort after a Navy helicopter intervention. (A file photo) | Photo Credit: CENTCOM

US naval forces intercepted a sanctioned vessel in the Arabian Sea on Saturday as part of the Trump administration’s blockade of Iranian energy exports, according to US Central Command.

The M/V Sevan was among 19 “shadow fleet” vessels sanctioned by the US Treasury Department on Friday for its links to “transporting billions of dollars worth of Iranian energy, oil and gas products, including propane and butane, to foreign markets,” Central Command said in a statement.

On Saturday, the US deployed a Navy helicopter to intercept the merchant vessel, which subsequently complied with US military direction to turn back to Iran under escort, according to Central Command.

The Sevan, a tanker that has carried Iranian cargoes in the past, was tracked this week approaching the Strait of Hormuz. The ship is owned and managed by Dubai-based Anka Energy & Logistics Co.

US forces are continuing to enforce the blockade against ships entering or departing Iranian ports and 37 vessels have been redirected since the start of the measures, Centcom said.

President Donald Trump earlier Saturday called off a trip by his top envoys to Pakistan for potential talks on a deal with Iran, casting doubt on the future of a ceasefire between the two sides.

More stories like this are available on bloomberg.com

Published on April 26, 2026