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Iran on Thursday announced alternative routes for vessels transiting the Strait of Hormuz, saying that ships should avoid the main shipping lane due to the risk of sea mines and follow new paths to ensure safety. they should take alternative routes for traffic in the Strait of Hormuz," Iran's Revolutionary Guards said in a statement quoted by local media. ” The United States and Iran agreed to a two-week ceasefire overnight from Tuesday to Wednesday, less than an hour before Trump's deadline to obliterate the Islamic Republic if it did not bow to his demands for a deal to reopen the Strait of Hormuz.
Last Updated:February 03, 2026, ISTLower US tariffs mean Indian exporters face fewer cost barriers to enter the American market, especially in sectors like textiles, apparel, seafood, chemicals and auto.
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