The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
New Delhi [India], March 12: As summer approaches, choosing the right air conditioner becomes one of the more important home decisions of the year. For modern homes -- where energy efficiency, air quality, and smart connectivity matter as much as cooling performance -- Samsung ACs are built
Two oil tankers caught fire near Iraq after being struck by an "unknown projectile," with UKMTO reporting all crew are "evacuated and safe." This follows a surge in maritime attacks amid regional conflict, drawing a sharp response from India and warnings from President Trump regarding the
India, as an Associate Member of the International Energy Agency (IEA) and an active participant in international energy cooperation, welcomed the IEA's decision to release emergency oil stocks amid the prevailing supply disruptions, according to an official release.
According to Iranian state media, Iran has intensified its restrictions on the passage of ships through the Strait of Hormuz amid ongoing US-Israeli strikes.
Bahrain has advised residents in several areas to "remain in their homes" and "close windows" following a major blaze in Muharraq Governorate. The Ministry described the move as a "precaution against potential effects of smoke" after Al Jazeera reported an Iranian strike on local fuel storag
The US will release 172 million barrels of oil "beginning next week" to stabilse markets amid war with Iran. President Trump vowed to "finish the job" despite Tehran's threats to "destroy" the economy. While Trump suggests there is "practically nothing left to target," Israel claims it ha
Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the
Minister of Foreign Affairs of Japan Motegi Toshimitsu on Wednesday welcomed the decision made by the International Energy Agency (IEA) to implement a collective release totaling 400 million barrels of oil by the member countries, a statement by Japan's Foreign Minister said.
The current round of conflict between Israel and the United States on one side and Iran on the other started on February 28. The West Asia conflict has caused disruption in global energy supply chains
Rashtriya Janata Dal (RJD) MP Sudhakar Singh on Wednesday warned of worsening LPG shortage, accusing the government of hiding facts and citing failures in foreign policy.
Union Home Secretary Govind Mohan on Wednesday chaired a high-level meeting with Chief Secretaries and Directors Generals of Police (DGsP) of all states and Union Territories to review the supply and distribution of Liquefied Petroleum Gas (LPG) across the country, officials said.