Search For "hormuz"
Crude Politics: Centre hails US oil waiver as 'diplomatic win'; Opposition
Updated : 1 week, 2 days ago IST
While the government frames the move as a pragmatic victory for energy security amid the escalating West Asia conflict, the Opposition argues it exposes a newfound Indian dependency on Washington's "permission." The ruling BJP party hails this as a "diplomatic win" and a success of PM Mod
Read More
West Asia conflict may have deeper economic impact on India than expected:
Updated : 1 week, 2 days ago IST
The report noted, "If the crisis persists, it could have material implications for the exchange rate and the current account deficit and could stoke inflationary pressures."
Read More
India in "very comfortable position" on Oil, LPG supplies despite Hormuz c
Updated : 1 week, 2 days ago IST
India is in a "very comfortable position" regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz, government sources said on Friday.
Read More
"30 days' worth of alms": Pawan Khera slams Centre over US waiver on Russi
Updated : 1 week, 2 days ago IST
Chairman of Congress' Media and Publicity Department, Pawan Khera, on Friday lashed out at the Centre after the United States allowed a 30-day waiver for New Delhi to purchase Russian oil amid shipping routes passing through the Strait of Hormuz being hampered.
Read More
"We have not closed it": Iran's Dy FM Saeed Khatibzadeh dismisses claims o
Updated : 1 week, 2 days ago IST
Iranian Deputy Foreign Minister Saeed Khatibzadeh dismissed claims that Tehran has blocked the Strait of Hormuz, calling Iran an "anchor of stability" in the Gulf. Labelling the conflict an "existential war" driven by US-Israeli "aggression," he advocated for diplomacy and warned of a fir
Read More
"US is fully responsible for bloodshed": Iranian Foreign Minister Seyed Ab
Updated : 1 week, 2 days ago IST
Iranian Foreign Minister Seyed Abbas Araghchi has held the United States "fully responsible for bloodshed" in the region. According to an IRNA report, the Minister issued a stern indictment of Washington's policy, asserting that American actions are the primary cause of the ongoing conflict
Read More
"You can't appoint mayor of New York - how can you appoint Iran's leader?"
Updated : 1 week, 2 days ago IST
Further, Khatibzadeh dismissed claims that Iran had shut down the strategically vital Strait of Hormuz, emphasising that Tehran continues to act as a stabilising force in the Gulf despite the escalating war with Israel and the United States. He stressed that Tehran remains a responsible pow
Read More
"Desh nahi jhukne doonga was mere slogan for polls": Mallikarjun Kharge sl
Updated : 1 week, 2 days ago IST
Congress President Mallikarjun Kharge on Friday said that India's strategic autonomy and national sovereignty are under "dire threat" as the United States allowed a 30-day waiver for New Delhi to purchase Russian oil amid shipping routes passing through the Strait of Hormuz being hampered
Read More
"Exploitation of a compromised individual": Rahul Gandhi slams Centre over
Updated : 1 week, 2 days ago IST
Leader of Opposition in Lok Sabha, Rahul Gandhi, on Friday described Indian foreign policy as "exploitation of a compromised individual," after the United States allowed a waiver for India to purchase Russian oil, amid shipping routes passing through the Strait of Hormuz being hampered. Read More
"Witnessing supply chain disruptions amid situation in Middle East": Rajna
Updated : 1 week, 2 days ago IST
He gave the public and private players in the maritime sector the goal of placing India among the top ten shipbuilding nations by 2030 and among the top five nations by 2047.
Read More
Asia should prioritise exchange-rate stability, targeted support amid Horm
Updated : 1 week, 2 days ago IST
Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).
Read More
West Asia crisis could raise energy risks for India but domestic flows, gr
Updated : 1 week, 2 days ago IST
Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though India's underlying economic momentum remains relatively resilient, according to a report by Jefferies.
Read More