India currently maintains a combined energy buffer of over 250 million barrels of crude oil and refined petroleum products, equivalent to approximately 4,000 crore litres, according to a government report. This stockpile provides seven to eight weeks of coverage across the full supply chain,
Business operations and long-term investments require a foundation of predictability and stability to succeed in an increasingly fragmented global environment, said Philippe Varin, Chair of the International Chamber of Commerce, France, on Saturday. He noted that pragmatic reforms and common
As the humanitarian crisis in Iran leaves 1,300 dead and 100,000 displaced, the IDF struck IRGC fuel complexes in Tehran. President Trump claimed the US has "decimated" Iran's leadership and military, while international concern grows over the conflict's impact on energy prices and region
Taiwanese legislator Chia-Pin Chung underlined the importance of India in regional stability and said that Taiwan hopes to work together with such countries for the prosperity of the region. He also said that Taiwan looks forward to have peaceful relations with China and emphasised its sove
Congress MP Shashi Tharoor on Saturday urged for de-escalation in the US-Israel vs Iran conflict, saying that stability and calm should be restored as soon as possible.
Harsha de Silva, MP, Chair of the Committee on Public Finance of the Parliament in Sri Lanka, while talking to ANI, said regional neighbours have traditionally viewed the Indian Ocean as a zone of peace and connectivity and torpedoing of a warship is seen as a dangerous escalation that bring
Government sources have signalled an improvement in India's energy security, noting that the nation's stock levels are on an upward trajectory despite the volatility in West Asia.
Officials indicated that recent assessments have provided the administration with a much-needed cushion, statin
Iran's Supreme Leader's representative, Abdul Majid Hakim Elahi, stated that Iran is defending its independence against US and "Zionist" aggression. He emphasised that regional stability should rely on internal cooperation rather than foreign guarantees, while affirming that 3,000-year-old c
The ongoing conflict in West Asia could have multiple economic implications for India, particularly through higher oil prices, disruptions in energy supply routes, and potential impacts on remittances and trade, according to a new report by SBI Research. The report highlighted that while the