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SHIPPING INDUSTRY CONCERNS
What are the risks of an LNG tanker explosion?A Qatari LNG tanker sustained damage in an attack near the Strait of Hormuz. The vessel, Al Rekayyat, is reportedly at risk of exploding fo...- India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
- Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
- Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
- Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...
- IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
- Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalatesIndian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to ...
- India breaks into China's steel box monopoly after costly lessonIndia has launched its first export-import (EXIM) shipping container for global deployment, marking its entry into a sector overwhelmingly ...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- One attack, one warning: The world's energy lifeline is still vulnerableAn attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...
- Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
- PlayStation is going all-digital: Sony to stop releasing new games on disc from 2028Sony is phasing out physical game discs for PlayStation, with all new titles launching digitally from January 2028. This significant shift,...
- Govt approval mandatory for Adani stake transfer in Vizhinjam port: Kerala CMKerala Chief Minister V.D. Satheesan stated that Adani Ports requires state government approval to transfer its shares in the Vizhinjam Int...
- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- Cracker of a battle: Vijay wants Sivakasi to take on China and become a global fireworks powerhouse. Here's what it'll takeTamil Nadu's government aims to transform Sivakasi, India's firecracker hub, into a global competitor against China. The focus is now on in...
- Mann ki Baat: PM Modi highlights India's significant strides in defence, security and self-relianceMann ki Baat: PM Modi highlighted India's significant strides in security and self-reliance during his 'Mann ki Baat' address. He lauded th...
- FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
- Crude shipments through Hormuz at highest since war amid concerns over Iran exit demandsCrude shipments through the Strait of Hormuz have surged following a ceasefire deal, reaching their highest levels since the conflict began...
- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
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