The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.
US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
US President Donald Trump warned Iran of a response "twenty times harder" if they block the Strait of Hormuz. Claiming the war is "pretty much over," he stated Tehran has no military assets left. However, the IRGC countered that they will "determine the end of the war."
Rastriya Swatantra Party Chairman Rabi Lamichhane on Monday said that the party would take forward the partnership with India to new heights for a prosperous future of people of both countries and thanked Prime Minister Narendra Modi on his warm wishes after RSP's electoral victory in the
Premadasa, while talking to ANI, said that Prime Minister Narendra Modi has a "wonderful opportunity" to make an "impact in international affairs" for the greater good of humanity.
Speaking at a press conference in Tehran, Iranian Foreign Ministry spokesperson Esmaeil Baghaei alleged that Washington's actions are aimed at gaining illegal control over Iran's vast energy reserves, adding that the objective of the United States and Israel is to violate Iran's sovereign
Pune (Maharashtra) [India], March 9: During summer, refrigerators work harder than usual. Rising temperatures and frequent door opening -- whether to grab a cold drink or store leftovers -- put extra pressure on the appliance. An eco-friendly refrigerator is designed to handle this better, c
In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90
The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.