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FUEL SMUGGLING IRAN
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
After Yunus regime freed Rahmani, India watches Bangladesh's radical Islam surgeConcerns rise over Islamist radical movements in South Asia. Jashimuddin Rahmani, an influential ideologue, has been released on bail in Ba...
Petrol, diesel price surge a 'global crisis', don't hoard fuel: Maharashtra CM FadnavisMaharashtra Chief Minister Devendra Fadnavis labels the fuel price hike a global crisis. He urges citizens to avoid hoarding fuel to preven...
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensionsIndian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
How a US blockade on Iran has sanctioned ships turning aroundThe US Navy’s blockade of Iran is showing impact, with sanctioned vessels turning back or halting after crossing the Strait of Hormuz. Offi...
Rahul Gandhi accuses PM Modi of 'compromised' foreign deals at Bengal rallyRahul Gandhi, addressing a public rally in Raniganj, made strong allegations against Prime Minister Narendra Modi, the BJP, and the RSS, cl...
The Strait of Hormuz has a long history of disruptionNearly all traffic has halted due to attacks and threats, impacting oil supplies and prices. This waterway has been weaponized before, with...
Wall St futures slip as Iran war rages on, investors dial down rate cut betsU.S. stock index futures slipped in choppy trading on Friday as the Iran war approached its fourth week, roiling energy markets and prompti...
As India seeks Hormuz safe passage, Tehran asks for return of seized tankers, sources sayIran has requested India release three seized tankers as part of negotiations for safe passage of Indian vessels through the Strait of Horm...
Iran Guards seize two foreign-crewed tankers in Gulf: News agencyIran's Revolutionary Guards have seized two oil tankers in Gulf waters. The vessels were reportedly smuggling fuel. Over one million litres...
Iran seizes foreign tanker for smuggling 2 million litres of fuelIran seized a foreign tanker in the Gulf of Oman. The vessel was allegedly smuggling two million litres of fuel. Mojtaba Ghahremani, Hormoz...
Iran’s leadership rift widens as Khamenei faces backlash over military failures and public dissentFollowing a series of devastating Israeli strikes exposing vulnerabilities in Iran's defenses, Ayatollah Khamenei faces growing internal cr...
Israel-Iran conflict disrupts Iranian fuel supply, triggers crisis in Pakistan's BalochistanBalochistan in Pakistan faces a fuel crisis due to the Israel-Iran conflict. Many petrol stations are closed, causing panic. These stations...
Pak hits Iran wall: Tehran plans to seal its border with Pakistan to prevent cross-border terrorIran is constructing a wall along its border with Pakistan to combat cross-border terrorism, fuel smuggling, and drug trafficking. The four...
US sanctions Indian national, 2 India-based entities for transporting Iranian petroleumThe US has imposed sanctions on Jugwinder Singh Brar, an Indian national based in the UAE, and two India-based entities for their involveme...
US Navy says it seizes arms from Iran likely bound for YemenThe US Navy said it seized a large cache of assault rifles and ammunition being smuggled by a fishing ship from Iran likely bound for war-r...