Strait of Hormuz

New Delhi, June 15: Prices of international crude oil fell to their lowest levels since March after US President Donald Trump and Iran announced a peace deal to end the conflict and restore shipping through the Strait of Hormuz.…
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New Delhi, June 15: In a piece of news that would ease stress on economies worldwide, Donald Trump has announced that a peace deal between the US and Iran has been completed and said the blockade on the Strait of Hormuz has been lifted.…
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New Delhi, June 8: Amid fresh escalation in conflict in West Asia, a foreign-flagged oil tanker, with 24 Indian seafarers, today reported a fire incident on board the vessel while it was near the coast of Oman. Initial information…
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New Delhi, June 6: Amid the global uncertainties and energy supply disruptions due to the West Asia conflict, Prime Minister Narendra Modi today chaired a meeting with members of his Economic Advisory Council to discuss strategies to meet…
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New Delhi, June 4: The number of ethanol-dispensing stations is expected to rise to 500 by the end of this year and to 5,000 by next year, according to Petroleum and Natural Gas Minister Hardeep Singh Puri. He said the government is…
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New Delhi, May 23: Visiting US Secretary of State Marco Rubio today called on Prime Minister Narendra Modi here and pushed for increased exports of American energy products to India. Rubio, who arrived here this morning on a three-day…
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New Delhi, May 12: India has reportedly declined Russia’s offer to supply liquefied natural gas (LNG) cargoes that are under US sanctions, despite growing energy supply concerns triggered by escalating tensions in the Middle…
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New Delhi, May 12: The Indian rupee fell to an all-time low of 95.50 against the US dollar during Tuesday’s opening trade, pressured by rising crude oil prices and a stronger dollar amid renewed geopolitical tensions in the…
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New Delhi, May 10: Amidst energy uncertainty because of the persisting conflict in West Asia, Prime Minister Narendra  Modi today urged the citizens of India to adopt measures like the ones during the  Covid pandemic,  like…
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New Delhi, May 02: Air India is set to reduce nearly 100 domestic and international flights through July as soaring jet fuel prices and ongoing airspace restrictions make several routes financially unviable. CEO Campbell…
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