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OIL SUPPLY CRISIS
Iran says tankers destroyed after hitting mines in HormuzAmid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz,...
Is the AI boom losing steam? Global economy faces growing risksGlobal financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns ab...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
India's top gas importer sets eyes on US LNG under long-term deal with QatarIndia is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war dis...
- Global markets were already fragile. Big AI bets could break them
Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which ...
ETMarkets Smart Talk | Gold for ballast, silver for growth; avoid industrial commodities in core portfolios: Saish SawantIn this edition of ETMarkets Smart Talk, Saish Sawant, Research Analyst–Commodities at Emkay Global Financial Services, breaks down the con...
Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chiefLahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need ...
Global oil sanctions and chokepoints a means to hold prices hostage: JaishankarAddressing the G20 foreign ministers' meeting in Atlanta on Friday (US time), he said the world was facing an energy crisis driven not by a...
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
India's FTAs to open new export opportunities as country eyes $1 trillion milestone: IIFT VCIndia's trade deficit is likely to persist as long as the country remains dependent on oil imports, although rising exports of value-added ...
EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
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...
'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...
US Iran war: Tehran says discussing plan with mediators to end war, reopen Strait of HormuzIran's Foreign Minister Abbas Araghchi stated that Tehran is negotiating a seven-day plan for peace and stability. The plan aims to reopen ...
World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...
World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy p...
22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000Pakistan’s gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domes...
India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...