US Central Command (Centcom) says 57 commercial vessels have been redirected by the naval blockade.
“As of today, Centcom forces have redirected 57 commercial vessels and disabled 4 to prevent the ships from entering or leaving Iranian ports,” it says on X.
The government no longer has the budgetary space to continue carrying hundreds of billions of rupees in untargeted subsidies while the power sector itself remains trapped in circular debt, inefficiencies, theft and under-recovery.