An Indian crew member was killed after the US-owned tanker Safesea Vishnu was attacked near Basra, Iraq, on March 11. The Indian Embassy in Baghdad confirmed that 15 other Indian sailors were successfully evacuated and are receiving assistance as regional maritime tensions continue to esc
A delegation of the association met with Karnataka Chief Secretary Shalini Rajneesh on Wednesday amid the reported shortage of commercial LPG cylinders. The members requested that a portion of the supply be reallocated for commercial use to ensure kitchens across the city continue functio
A US-Israeli attack struck an industrial area in Rabat Karim as regional conflict enters its thirteenth day. While an abandoned warehouse was one of the targets struck, Iran has set three conditions for peace. Meanwhile, the IRGC continues retaliatory strikes against US bases and tankers ami
India, as an Associate Member of the International Energy Agency (IEA) and an active participant in international energy cooperation, welcomed the IEA's decision to release emergency oil stocks amid the prevailing supply disruptions, according to an official release.
The International Energy Agency (IEA) on Wednesday announced the largest-ever release of emergency oil stocks in its history, making 400 million barrels of oil available to global markets to mitigate disruptions caused in the global energy supply by the ongoing West Asia conflict.
Visakhapatnam Hotel Merchant Association has requested the Centre to provide support and communication over the shortage of commercial LPG cylinders amid the ongoing West Asia conflict.
The ongoing shortage of commercial LPG cylinders affecting hotels and restaurants across the country may continue for another month, the Coimbatore District Hoteliers' Association (CDHA) warned on Tuesday, urging the government to take immediate steps to ensure uninterrupted fuel supply t
Union Minister of State Shobha Karandlaje urged people not to panic over reports of commercial LPG shortages affecting hotels and restaurants, saying the Central government is actively working to address the issue amid global supply disruptions caused by the ongoing conflict in West Asia.
Addressing concerns over possible supply disruptions, Goyal told the media that the government is closely monitoring the evolving situation and taking necessary steps to ensure the uninterrupted availability of fuel across the country.
FHRAI VP Pradeep Shetty on Tuesday said that the shortage of commercial LPG cylinders has escalated into a severe supply disruption across several Indian cities, with hotels and restaurants reporting near-complete halts in operations.
The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.