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Tanker in Strait of Hormuz hit by explosives attached to small boat, UKMTO saysA tanker in the Strait of Hormuz was hit by a small boat carrying two explosive devices on Thursday, triggering a fire in its engine room a...
Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reportsYemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...
"Sink the idea": Mumbai sweats over a sea plan that intitially made waves but is now causing ripples of worryLight pollution is already recognised as a global environmental and public health concern. Research has linked artificial light to sleep di...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....
If Netanyahu loses, what happens next in the US-Israeli war on Iran?Benjamin Netanyahu's upcoming election holds significant implications for Israel's policy on Iran. Depending on the election's result, the ...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
Oil exports from Persian Gulf 'surpassed pre-conflict levels', claims US Treasury Secy BessentUS Treasury Secretary Scott Bessent announced that oil exports from the Persian Gulf have exceeded pre-conflict levels. This development oc...
Qatar Energy locks in US LNG supply from Cheniere as Hormuz disruption drags onQatar Energy has signed a significant liquefied natural gas agreement with Cheniere Energy to purchase 4 million metric tons annually. The ...
Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its biteIndia is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pendi...
Houthi rebels strike a government military camp in southern Yemen, killing at least 53 fightersA deadly missile strike by Iranian-backed Houthi rebels targeted a military camp in southern Yemen, causing at least 53 soldiers to lose th...
Ukraine in talks with India, other partners to open Black Sea grain corridorUkraine is engaged in discussions with Turkey, Egypt, and India regarding Black Sea agricultural exports. The country's food exports heavil...
Oil tanker on fire after hitting mine in Hormuz: Iran's GuardsAn oil tanker struck a mine south of the Strait of Hormuz, resulting in significant damage after the explosion. The tanker was reportedly n...
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
US military says Hormuz remains open, 97% of ships cross safely despite Iran attacksThe US military claims that 97% of vessels have transited the Strait of Hormuz safely. This follows recent incidents where Iranian projecti...
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...