Speaking to journalists, Silveira said the country's fuel supply remains stable and the government is closely monitoring developments in the international oil market as well as domestic price movements.
Abu Dhabi [UAE], March 12: At a time when global geopolitical tensions continue to reshape international relationships and cultural dialogue, art and cultural exchange are increasingly being viewed as important bridges between societies. In the UAE, where communities from across the world li
Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said India is likely to manage the situation effectively, while urging citizens to avoid hoarding LPG cylinders.
The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.
The Fertiliser Association of India (FAI) today announced that Urea and Phosphatic fertiliser supplies remain adequate to meet agricultural requirements for the forthcoming Kharif season. While global developments, including geopolitical tensions in West Asia, have raised concerns about pote
"9 days into Operation Epic Mistake, oil prices have doubled while all commodities are skyrocketing. We know the U.S. is plotting against our oil and nuclear sites in hopes of containing huge inflationary shock," Araghchi wrote.
MP Manish Tewari, in a post on X, wrote, "Small Wars put together have the potential of becoming World Wars. That is how World War -1 and World War -2 became World Wars.
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around 7 per cent, after crude oil prices surged sharply amid escalating geopolitical tensions in West Asia.
Brent crude prices surged sharply on Monday, rising by more than 25 per cent to USD 116.5 per barrel, amid the ongoing conflict in West Asia which has made crude prices bullish.