Search For "hormuz"
"How long will this American blackmail go on?" Jairam Ramesh corners Centr
Updated : 5 hours, 2 min ago IST
Congress MP Jairam Ramesh on Friday cornered the Central government after US permitted Indian refiners to purchase Russian oil, which he believed is "American blackmail" on India.
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"Hope Iran will relent and let ships go through": Shashi Tharoor as confli
Updated : 5 hours, 2 min ago IST
Congress MP Shashi Tharoor pushed for diplomacy and negotiated settlement as the West Asia Conflict continued to escalate, hampering the trade through the Strait of Hormuz.
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"Do we need permission from US?": Congress questions Centre over sovereign
Updated : 8 hours, 45 min ago IST
Congress MP Manish Tewari on Friday questioned the Centre over sovereignty as the United States allowed a 30-day waiver for India to purchase Russian oil amid a crisis in the Gulf hampering shipping routes that pass through the Strait of Hormuz.
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US permits 30-day waiver for India to purchase Russian Oil, as conflict pu
Updated : 5 hours, 2 min ago IST
United States on Friday (local time) issued a temporary waiver allowing Indian refiners to continue purchasing Russian oil already stranded at sea for the next 30 days to enable oil to keep flowing into the global market.
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Every $10 per barrel rise in crude oil prices can shave about 0.5% off Ind
Updated : 8 hours, 44 min ago IST
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
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Crude linked sectors, basmati rice will be impacted if Middle East crisis
Updated : 8 hours, 44 min ago IST
Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated. India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
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Iran conflict raises risks for India as Strait of Hormuz disruptions threa
Updated : 8 hours, 44 min ago IST
Escalating tensions due to the West-Asia conflict involving Iran have heightened risks to global energy supply chains, particularly around the strategic Strait of Hormuz, raising concerns for major Asian importers, including India, according to a report by Goldman Sachs.
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"Conflict has reached our backyard, yet PM said nothing": Rahul Gandhi on
Updated : 5 hours, 2 min ago IST
Lok Sabha Leader of Opposition Rahul Gandhi on Thursday again cornered Prime Minister Narendra Modi over his "silence" after a US submarine sank the Iranian warship "IRIS Dena" near Sri Lanka.
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US will ensure rogue Iranian regime's terrorist proxies no longer destabil
Updated : 5 hours, 2 min ago IST
"This mission will guarantee that Iran can never obtain a nuclear weapon. As the Department of War said this morning, we expect to have complete and total dominance over Iranian airspace in the coming hours, clearing the skies for our brave warriors," she added.
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Qatar Energy declares force majeure; halts LNG production
Updated : 8 hours, 44 min ago IST
This move comes amid escalating tensions in West Asia and after its energy infrastructure was targeted, including the Strait of Hormuz, a critical oil shipping route, which is currently under threat.
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"Current environment is very fragile; geopolitical risk re-emerged": Kotak
Updated : 8 hours, 44 min ago IST
Sumit Pokharna, VP-Fundamental Research at Kotak Securities, says the situation is "very fragile" and could persist for weeks.
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Rupee to face continued depreciation pressures: Kotak Securities
Updated : 8 hours, 44 min ago IST
Anindya Banerjee, Head of Commodity and Currency Research at Kotak Securities, on Wednesday stated that with crude oil prices remaining elevated, the rupee is likely to face continued depreciation pressures.
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