Search For "strait of hormuz"
'To take a little pressure off': Trump says on US granting "permission" to
Updated : 5 days, 22 hours ago IST
US President Donald Trump on Saturday (US local time) spoke to the media about several developments in the wake of the unfolding security situation in West Asia and the Gulf and responded to the announcement by US Treasury Secretary Scott Bessent on temporarily allowing India to purchase
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Qatar will start supplying LNG to India once route is open: Govt sources
Updated : 6 days, 10 hours ago IST
Amid a severe energy crisis currently unfolding in the Middle East, Government sources have revealed that Qatar has provided specific guarantees regarding LNG's supply continuity, noting, "We are assured by Qatar that they will start supplying to India on the very first minute once the route
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Prolonged West Asia conflict could slow down India's growth: SBI Research
Updated : 6 days, 17 hours ago IST
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
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'Permitted India to accept Russian oil to ease temporary gap of oil around
Updated : 1 week ago IST
Scott Bessent, the US Treasury Secretary, yet again said that the United States has given India the "permission" to accept Russian oil in the wake of the developing security situation in West Asia.
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"Need to secure threats in Strait of Hormuz": French Air Force Maj Gen on
Updated : 1 week ago IST
Deputy to the Chief of the Air and Space Force Staff in the French Air Force, Major General Dominique Tardif, on Friday stressed the need to address security threats in the Strait of Hormuz amid the ongoing West Asia conflict, saying international cooperation would be essential to tackle the
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Crude Politics: Centre hails US oil waiver as 'diplomatic win'; Opposition
Updated : 1 week 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
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West Asia conflict may have deeper economic impact on India than expected:
Updated : 1 week 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."
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India in "very comfortable position" on Oil, LPG supplies despite Hormuz c
Updated : 1 week 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.
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"30 days' worth of alms": Pawan Khera slams Centre over US waiver on Russi
Updated : 1 week 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.
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"We have not closed it": Iran's Dy FM Saeed Khatibzadeh dismisses claims o
Updated : 1 week 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
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"US is fully responsible for bloodshed": Iranian Foreign Minister Seyed Ab
Updated : 1 week 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
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"You can't appoint mayor of New York - how can you appoint Iran's leader?"
Updated : 1 week 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
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