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IRAN WAR IMPACT ON IMPORTS
Indian seafarers' deaths, disputed attacks and a widening US-Iran blame gameIndia watches closely as the US and Iran trade accusations over maritime incidents. Both nations present conflicting accounts of negotiatio...13 Jun, 2026, 02.44 PM IST- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...13 Jun, 2026, 12.23 AM IST
- Trump’s Iran deal slowed by couriers in complex peace processDespite President Donald Trump repeatedly saying a US-Iran deal is near, negotiations remain slow and uncertain. Talks rely on indirect cha...12 Jun, 2026, 07.15 AM IST
- Iran says no final decision made on deal that Trump hopes could be signed soonPresident Trump announced a potential peace deal with Iran, aiming to reopen the Strait of Hormuz to shipping this weekend. While Trump cla...12 Jun, 2026, 06.47 AM IST
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...11 Jun, 2026, 08.04 PM IST
- OPEC again lowers 2026 global oil demand growth forecastOPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...11 Jun, 2026, 07.29 PM IST
- US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...10 Jun, 2026, 11.58 PM IST
- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...10 Jun, 2026, 03.20 PM IST
- China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...10 Jun, 2026, 10.22 AM IST
- China's exports jump 19.4% on-year in May, 35% to USChina's exports saw a strong jump in May, rising 19.4 percent year-on-year. Imports also climbed significantly. Technology and auto shipmen...10 Jun, 2026, 12.48 AM IST
- Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...09 Jun, 2026, 08.53 PM IST
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...09 Jun, 2026, 06.25 PM IST
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...09 Jun, 2026, 08.47 AM IST
- Iran ends military operations against Israel, warns of harsher attacks if strikes on Lebanon persistIran's armed forces declared an end to military operations against Israel, but warned of escalated attacks if Israeli strikes on Lebanon co...08 Jun, 2026, 06.31 PM IST
- Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...08 Jun, 2026, 04.25 PM IST
- West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...08 Jun, 2026, 10.19 AM IST
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...04 Jun, 2026, 11.55 AM IST
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