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EXPORT CURBS LIFTED
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...- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- 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 ...
- JD Vance, Rubio strike different tone on Iran and IsraelUS-Iran war: Divergent remarks from Vice President JD Vance and Secretary of State Marco Rubio regarding Israel's military actions in Leban...
- From export bans to price crashes: Why onion farmers need more than buffer stock purchasesRecent hikes in procurement price have provided little relief, according to stakeholders, as onion farmers argue that prices are still belo...
- JD Vance says talks with Iranian officials set 'good foundation' for a deal to end US-Iran warIran US War: United States Vice President JD Vance reported significant progress in talks with Tehran, aiming for a permanent end to the re...
- US-Iran talks make significant progress in Switzerland; Hormuz channel set up to avert incidentsIran and the US have made significant headway in talks mediated by Qatar, aiming to end a protracted conflict. A new framework is being fin...
- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
- US strike on vessel in Caribbean Sea kills 2, leaves 6 survivorsThe U.S. military conducted another strike on a suspected drug boat in the eastern Pacific, resulting in two deaths and six survivors. This...
- Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talksIran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in S...
- Trump says deal to end war will be signed on Sunday, Iran questions timingPakistan and the U.S. announced an initial deal to end the Middle East war, with an electronic signing planned for Sunday. Iran, however, d...
- Iran peace deal looms while new military action flares near Strait of HormuzThe United States and Iran are reportedly close to an agreement to end their war, with both sides agreeing on a text for an initial deal. T...
- 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...
- Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
- Iran seeks interim deal with US to ease economic strain while preserving nuclear leverageIran is pursuing a limited interim agreement with the United States. This move aims to alleviate mounting economic pressure and stabilize t...
- What do China's new US farm purchases mean for global trade? | An explainerChina will purchase over $17 billion in US farm goods yearly for three years. This deal boosts agricultural trade significantly. Purchases ...
- India’s trade deficit widens to $28.38 billion in April as imports surge amid Gulf conflictIndia's trade deficit grew to $28.38 billion in April. This increase exceeded market expectations. The Middle East conflict disrupted shipm...
- China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
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