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MIDEAST SUPPLY
Trump's latest threats to Iran may collide with a hard realityUS President Trump threatens Iran with severe military action, including seizing oil infrastructure. However, the US faces a critical short...- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
- India gold prices soar 4.1% in May despite decline in global prices: World Gold CouncilIndian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local...
- US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falterTensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US ...
- Iran condemns US strikes as show of 'bad faith', warns of consequencesIran has condemned US strikes as a breach of trust during peace talks. The US military stated the strikes were defensive. Negotiations are ...
- Hardline Republicans slam Trump’s emerging plan to end Iran warPresident Donald Trump's proposed deal to end the Iran war is facing strong opposition from some Republicans. Critics worry the terms might...
- India's cooking fuel shortage is driving up California's gas pricesIndia's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts Cal...
- G7 finance chiefs seek to tackle imbalances as trade strains unityFinance ministers from the Group of Seven are meeting in Paris to discuss global economic tensions, trade imbalances and coordination on cr...
- India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
- UAE rejects 'Iranian claims' after Tehran alleged role in warThe United Arab Emirates has strongly rejected Iran's accusations of its involvement in regional conflicts. Tehran had claimed the UAE is a...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- China says will play 'greater role' in ending Mideast fightingChina's Foreign Minister Wang Yi said Beijing would play a "greater role" in ending hostilities in the Middle East during talks with his Ir...
- Protests erupt across Kerala over power cuts as KSEB warns of curbs amid heat-driven demandResidents across Kerala are protesting against unexpected power outages. Local KSEB offices faced demonstrations late at night and early mo...
- US Fed set to hold rates steady again on cost hikes from Mideast warThe US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and sup...
- India to purchase fertilizer at nearly double pre-war priceIndia is set to purchase urea fertilizer at significantly higher rates. This comes as the Middle East conflict impacts global supplies. Ind...
- Global Markets | Dollar and oil rise, stocks slide as US-Iran peace talks collapseOil and the dollar surged as U.S.-Iran talks failed, leaving a ceasefire fragile and Mideast energy exports choked. Stocks tumbled as U.S. ...
- India Inc ramps up exports as Iran ceasefire reopens Middle East tradeIndian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacit...
- Bitcoin steadies near $71K, retail investors accumulate over 4.3 million Bitcoin in one weekBitcoin hovered near $71,000 after failing to break $73,000, with momentum waning. Major altcoins experienced declines, though some like Tr...
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