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KHARG ISLAND OIL EXPORT HUB
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...- Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda SonowalIndia has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant s...
- India-Japan ties should not target third party: China on Japanese PM Sanae Takaichi's visit to DelhiChina has voiced concerns over bilateral cooperation that could target third parties, following India and Japan's announcement of landmark ...
- Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
- Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- Odisha cabinet approves over Rs 2,000 crore deep sea fishing missionOdisha's government has approved a massive Rs 2,000 crore deep sea fishing mission to establish the state as a premier marine export hub. T...
- SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
- Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
- 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...
- 'Jewar solar plant to boost India's export power; generate thousands of jobs': CM Yogi Adityanath"I believe that this solar cell manufacturing hub will also play a major role in increasing India's export power. This means it will help i...
- Manickam Tagore appointed new Tamil Nadu Congress chiefManickam Tagore has been appointed as the new President of the Tamil Nadu Congress Committee, replacing K Selvaperunthagai. The announcemen...
- Ukraine hits defence plant in Russia's Volgograd region, Zelenskiy saysUkraine's domestically produced Flamingo missiles have successfully targeted a Russian plant manufacturing artillery and missile launch sys...
- World MSME Day: Global uncertainty offers Indian MSMEs an opportunity to move up the textile value chain, say expertsAs the second-largest employment generator in the country, the textile sector’s contribution to the economy is crucial, with MSMEs forming ...
- Transfer of Katchatheevu to Sri Lanka another 'historic dark chapter' of Congress rule: BJPThe BJP has sharply criticised the Congress, labeling the 1974 transfer of Katchatheevu island to Sri Lanka as a "historic dark chapter" th...
- 30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
- Trump’s Kharg threat, reversal show Iran war high-wire actPresident Donald Trump considered capturing Kharg Island, Iran's main oil export terminal. This move would have severely impacted Iran's ec...
- US will hit Iran 'very hard' tonight: Trump plans to take over main Iranian oil terminalsIran war news: US President Donald Trump has issued a strong warning to Iran. He stated that America will strike Iran very hard. Trump also...
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