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ENERGY CRISIS IRAQ
'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...
Desperately play catch-up: In the last year, India has appeared tired and enervated - time to turn the pageIndia faces a shifting global landscape, grappling with geopolitical realignments and the rise of AI as a strategic tool. The article highl...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Man Industries bullish on Gulf after US-Iran truceIndian construction companies are set to gain from Middle East rebuilding. Man Industries acquired a Saudi Arabian firm, boosting its capac...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
A history of Iran's nuclear programme and tensions with the US as an interim deal is reachedA landmark interim deal between the United States and Iran aims to end a protracted war and reopen the vital Strait of Hormuz. This agreeme...
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
Iran war: Hostilities flare again, talks at a stalemateWith the Gulf region witnessing a surge in missile and drone strikes aimed at Kuwait, diplomatic efforts between Iran and the U.S. hit road...
West Asia War: US-Iran draft 60 day-truce extension, all eyes on Trump nod, says US official; Tehran denies claimsA fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...
What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Oil crisis: World is set to run out of fuel in July? Here's what International Energy Agency is sayingBrent oil futures were trading around $108 per barrel on Thursday, off their wartime highs of $126 per barrel, but still significantly abov...
Trump's tough-talk foreign policy is hitting a wall with Iran as it grips Strait of HormuzDonald Trump has struggled to secure concessions from Iran despite threats, military pressure and repeated deadlines tied to Tehran’s nucle...
UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
India can play long-term mediator role: Russian Foreign Minister Lavrov on Iran-US conflictRussia's Foreign Minister Sergey Lavrov proposed India as a mediator for the Iran-US conflict. He highlighted India's extensive diplomatic ...
Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of HormuzKuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in ...
Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...