The framework agreement reportedly includes a permanent ceasefire, the reopening of the Strait of Hormuz, and a commitment by both sides to continue negotiations over a final settlement.
On Friday, June 12, Ministry of External Affairs (MEA) summoned US Chargé d’Affaires Jason Meeks for the second time to lodge a formal protest after an American strike on Guinea-Bissau-flagged MT Jalveer.
Banks have sanctioned Rs 35,000 crore in loans under ECLGS 5.0 to support MSMEs and airlines affected by the West Asia conflict, with 80,000 applications cleared and fully digital processing completed in 5-7 days.
US President Donald Trump has continued to signal optimism about negotiations with Iran, and diplomatic efforts remain active behind the scenes. Yet the reality on the ground suggests a different picture, one where talks and strikes are happening simultaneously rather than sequentially.
India is asking oil companies to create at least 30 days of LPG reserves as a safeguard against supply disruptions linked to the Strait of Hormuz and the wider West Asia conflict.
According to a circular issued by Supreme Court Secretary General Bharat Parashar, the new measures have come into immediate effect following an Office Memorandum issued by the Department of Personnel and Training (DoPT).