Their supply networks were stretched to the limit, as panic buying triggered a sharp spike in demand after the war disrupted traffic through the Strait of Hormuz, a key route for the majority of India's energy imports.
An Indian crew member died after Iran attacked the US-owned tanker Safesea Vishnu near Basra using underwater drones. Fifteen other Indian sailors were evacuated safely, as tensions escalate in the Persian Gulf amid the ongoing US-Israel military campaign against Iran
India has become Ukraine’s largest diesel supplier, accounting for 15.5 per cent of imports in July 2025, despite new US tariffs on Russian crude-linked trade. Deliveries rose via Romania and Turkey, deepening tensions with Washington but stabilising global oil markets
Mumbai: The rupee depreciated 14 paise to 77.69 against the US dollar in the opening trade on Tuesday tracking persistent foreign fund outflows and elevated global crude oil prices. However, a firm trend in domestic equities capped the losses in the domestic unit, forex traders said. At the interbank foreign exchange, the rupee opened weak […]
Across the country as well, diesel prices fell between 20-25 paise per litre while petrol remained at the same level prevailing for the last one month.
