News
With the Strait of Hormuz effectively closed in the second week of the Iran war and roughly 20% of global crude supply interrupted, the International Energy Agency coordinated the biggest strategic release on record: 32...
Bengaluru, Reuters — UAE stock markets fell on Monday after Iran warned it would target energy and water infrastructure across the Gulf if U.S. President Donald Trump carried out his threat to attack Iran’s electricity...
Air China will resume direct flights between Beijing and Delhi from April 21, a move seen as a concrete step toward restoring air links that were disrupted by the Covid‑19 pandemic and the 2020 border clashes.
Paris, March 23 — International Energy Agency (IEA) Executive Director Fatih Birol warned that the world may be entering one of the most serious energy crises in decades, citing escalating disruptions in the Middle...
Islamabad, March 22 — A new assessment by the Pakistan Institute of Development Economics (PIDE) warns that any disruption in the Strait of Hormuz could trigger a chain reaction of higher fuel costs, inflationary...
The United States announced a temporary lifting of sanctions on Iranian oil that is currently stranded at sea, aiming to ease surging global crude prices. Treasury Secretary Scott Bessent said the limited measure will...
HDFC Bank has dismissed three senior staff at its Dubai International Financial Centre (DIFC) branch after identifying gaps in client onboarding procedures. Sources said the terminations are linked to allegations of...
A federal jury in San Francisco found that Elon Musk misled investors by intentionally driving down Twitter’s stock in the months before his $44 billion acquisition of the company in 2022, though it cleared him of other...
Tehran — Iran's Oil Ministry, speaking through its consulate in Mumbai, rejected U.S. statements that Iranian crude is available for export following a temporary easing of sanctions. The ministry said Tehran has no...
Washington — The U.S. Treasury announced a short-term easing of sanctions on Iranian-origin crude oil and petroleum products, authorizing their delivery, sale and import into the United States through April 19, 2026....
New Delhi, March 21 (ANI) — Austrian aerial-warfare analyst and historian Tom Cooper warned that Israeli strikes on Iranian energy infrastructure risk widening the conflict in the Middle East and could prompt Iran to...
Washington DC — US Treasury Secretary Scott Bessent announced a temporary authorization on Friday allowing the sale of Iranian oil currently stranded at sea, a measure intended to help stabilize global energy markets...
