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IRAN CONFLICT ENERGY CRISIS
Qatar resumes maritime operations, lifts vessel suspensionQatar has lifted its temporary ban on maritime navigation for all vessels, effective immediately. This decision reverses a suspension impos...
Trump offers to help Putin find deal with Ukraine, also speaks with ZelenskiyPresident Trump offered to help resolve the Ukraine war during a lengthy call with Vladimir Putin, according to the Kremlin. Trump also spo...
Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
'Let us wail!' Iranians flock to Khamenei's funeral after wartime deathDressed in black and draped in the red, white and green flags of the Islamic Republic of Iran, mourners held up posters and A4 printed shee...
Diplomatic relations, right decisions: PM Modi outlines how India weathered Iran warPrime Minister Narendra Modi highlighted India's successful navigation of the West Asia crisis, attributing it to timely and correct decisi...
Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
Iran insists on keeping control over Hormuz: ReportIran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
PM Modi speaks with Iran President, backs peace and free navigation in Hormuz StraitPrime Minister Narendra Modi held a dialogue with Iranian President Masoud Pezeshkian regarding the evolving landscape of West Asian affair...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
Iran's Trump card: The risk premium hasn't gone. It just changed shapeA recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran'...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...