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The government has, for the first time, acknowledged that Indian refiners have sourced some crude oil from Iran amid ongoing supply disruptions in West Asia and confirmed the arrival of an Iranian LPG cargo at Mangalore.
Islamabad — In a late-night address, Prime Minister Shehbaz Sharif announced a PKR 80 per litre cut in the petrol levy, lowering the retail petrol price to PKR 378 per litre. The reduction takes effect at midnight and...
An Iranian crude tanker that had been headed to India suddenly changed course as it neared arrival and began signalling a Chinese port, reviving uncertainty about a potential restart of oil shipments from Tehran to New...
New Delhi, April 4 — India's Petroleum Ministry on Saturday dismissed media reports that an Iranian crude oil cargo destined for India was diverted to China because of payment problems.
In an interview with ANI in New Delhi, foreign affairs expert Robinder Sachdev said the mid‑voyage rerouting of an Iranian crude cargo reportedly bound for India should be seen as shifting market behavior rather than an...
New Delhi, April 4 (ANI) — The India-flagged large gas carrier Green Sanvi safely transited the Strait of Hormuz on Friday night carrying about 46,650 metric tonnes of liquefied petroleum gas (LPG), official sources...
A CMA CGM-owned container vessel has become the first Western European ship to pass through the Strait of Hormuz since Iran introduced maritime restrictions amid the ongoing West Asia conflict, EuroNews reported.
Roy Amara’s observation that we overestimate a technology’s short-term effects and underestimate its long-term ones helps explain how shocks reshape systems over years rather than days. The same logic applies to...
Seoul, April 2 — South Korean President Lee Jae Myung on Thursday urged the National Assembly to quickly approve a KRW 26.2 trillion (about USD 17.1 billion) supplementary budget to blunt the economic effects of the...
Since President Donald Trump nominated Kevin Warsh for Federal Reserve chair on January 30, 2026, markets have been debating whether he will remain an inflation hawk or shift toward the lower-rate stance the president...
Aviation turbine fuel (ATF) shot past Rs 2 lakh per kilolitre on Wednesday, rising to Rs 2.07 lakh/kl as global oil prices surged. The full market-linked increase lifted ATF for non-scheduled, ad-hoc and charter...
US software giant Oracle has laid off roughly 12,000 employees in India as part of broader global cuts that have affected about 30,000 workers worldwide. Two people impacted by the retrenchment, including an employee in...
