China on Tuesday expressed concern over the functional blockage of the Strait of Hormuz amid the ongoing West Asia conflict and called on "relevant parties" to immediately halt military operations and avoid further escalation.
"Indian government has introduced Essential Commodities act, as gas supply for cylinders should be avoided, and only domestic cylinders should be given. We are forcing the Central government to bring the hotels under the Essential Commodities section. The government has ordered the oil co
United States President Donald Trump on Tuesday warned Iran against attempting to disrupt global oil supplies, saying Washington would respond with overwhelming force if Tehran tried to interfere with energy shipments through the strategically vital Strait of Hormuz.
"There are some challenges, but like the EAM assured the house yesterday and the Petroleum and Natural Gas Minister has been repeatedly assuring, the energy security of the country is the foremost priority for the govt. I would like to assure the people of Karnataka, especially the hoteli
The primary concern for the Indian economy is the sharp increase in fuel costs. According to the report, "Brent has moved up from a range of US$ 65-US$ 70 per barrel to US$ 110 per barrel since the war broke out." This surge is linked to major infrastructure failures in the region. "Iran's o
In an interview with PBS News, Iranian Foreign Minister Syed Abbas Araghchi ruled out further talks with the US due to "bitter experience." He defended strikes on regional oil infrastructure as legitimate self-defence and reaffirmed that Tehran is "well prepared" to continue missile attac
Samajwadi Party MP Ram Gopal Yadav on Sunday alleged that the Union government is "misleading" the public with respect to the fuel concerns arising out of the disruption of maritime traffic in the Strait of Hormuz as the military escalation in the Middle East enters into the second week.<
"The Central Government has assessed that the ongoing conflict in the Middle East has resulted in the "disruption of liquefied natural gas shipments through the Strait of Hormuz", which has led to suppliers invoking force majeure clause which would entail diversion of natural gas to the prio
Mumbai (Maharashtra) [India], March 10: As geopolitical turbulence reshapes global capital flows, Maharashtra Chief Minister Devendra Fadnavis used the IGF Mumbai 2026 Leaders Dinner to deliver a striking pitch for India's financial capital: Mumbai is mid-transformation, and the most consequ
As the military escalation in the Middle East enters into second week Samajwadi Party (SP) MP Neeraj Maurya on Tuesday called on the government to address the alleged shortage of fuel supply on a war-footing basis.
Reports indicate a US missile strike hit a school in Khomeyn, central Iran. This comes as the IRGC vowed to "determine" the war's end, rejecting US claims of a "short-term excursion." Amid threats to global oil supplies, Russia and France are pursuing diplomatic and defensive measures to
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.