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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 ...- British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
- Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
- Crude oil prices crash 42% from April’s $126 peak. More downside coming?Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummet...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- US VP JD Vance says expects Switzerland trip in coming days for Iran talks"I expect that I will leave sometime in the next couple of days, but you know it's always a delicate coordination dance and the diplomati...
- Vance delays trip to Switzerland to lead new US talks with Iran on its nuclear programVice President JD Vance's trip to Switzerland for Iran nuclear talks is delayed. This follows reports of Iran postponing its delegation's t...
- Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...
- Netanyahu says Trump assured him final Iran deal will mandate removal of enriched uraniumPresident Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understan...
- Iran warns Mideast truce 'practically meaningless' after US strikesIran declared the Middle East war ceasefire practically meaningless following fresh US strikes. Tehran responded with attacks across the re...
- Netanyahu, Trump at odds over the war they started togetherIsrael's recent strikes on Lebanon and Iran reveal diverging war aims between President Trump and Prime Minister Netanyahu. While Trump see...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- 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...
- More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
- Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
- West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
- Govt says India has ample petrol, diesel supply, calls for crackdown on diversionThe govt has confirmed that petrol and diesel supplies are ample for every home and community in the country. Instances of regional shortag...
- Quad aims to create strategic crude reserve, emergency fuel responseThe Quad nations are launching a new Indo-Pacific energy security initiative. This plan includes a strategic crude reserve and emergency oi...
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