The US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.

Asia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...

Fuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...

During national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...

West Bengal Chief Minister Suvendu Adhikari announced exemptions from a recent diesel supply restriction in containers. The move aims to al...

South Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministe...

NMDC-CMDC Limited's board has greenlit the next exploration phase for the Baloda-Belmundi Diamond Block in Chhattisgarh. This crucial step ...

Reports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Te...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

The court, in a 6-3 ruling powered by its conservative justices, overturned a lower court's finding that the policy violated federal law. T...

US President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...

Taiwan's military is conducting "immediate combat readiness" drills, simulating a sudden Chinese attack, as Defence Minister Wellington Koo...

A tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Eleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokes...

Taiwan's military is commencing a five-day combat readiness drill this week, a significant shift towards realistic war simulations. This mo...