"strait-of-hormuz"

Iran has allowed India-flagged tankers to pass through the Strait of Hormuz following talks between EAM S Jaishankar and Iranian Foreign Minister Abbas Araghchi. Several Indian vessels have moved to safer waters as tensions continue to affect maritime traffic in the region

Masoud Pezeshkian said Iran will end the war with the United States and Israel only if its rights are recognised, reparations paid and security guarantees provided. Donald Trump signalled continued military operations as casualties and global oil market concerns rise

Iran has allowed India-flagged tankers to pass through the Strait of Hormuz after talks between External Affairs Minister S Jaishankar and Iranian Foreign Minister Abbas Araghchi. The move helps ensure India’s crude supply despite ongoing tensions and attacks affecting maritime traffic

Union minister Suresh Gopi said efforts are underway to control the LPG crisis caused partly by disruptions linked to the Strait of Hormuz, adding that India is exploring additional supplies while prioritising essential services.

Iran attacked commercial ships in the Persian Gulf and launched drones near Dubai International Airport, intensifying its conflict with the US and Israel. The escalation has disrupted shipping in the Strait of Hormuz, raised oil price concerns and widened regional tensions

The International Energy Agency has agreed to release a record 400 million barrels of emergency oil reserves to stabilise global energy markets affected by the Middle East conflict and disruption of shipping through the Strait of Hormuz

Crude oil prices fell after reports the International Energy Agency may release record emergency reserves to curb the surge triggered by the US-Iran war. Brent and WTI declined sharply as G7 nations explored measures to stabilise markets and ease global energy costs

The oil ministry has formed a committee to address the sudden shortage of commercial LPG cylinders that has alarmed India’s hospitality industry. The government has prioritised household LPG supplies, leaving hotels and restaurants struggling.

India is unlikely to raise petrol and diesel prices immediately despite global crude oil crossing $110 a barrel due to Middle East tensions. The government expects state-run oil companies to absorb the impact temporarily as supply stabilises and imports diversify away from the Strait of Hormuz

The government invoked emergency powers under the Essential Commodities Act to direct refiners to maximise LPG production and prioritise domestic supply as disruptions in the Strait of Hormuz and the widening Middle East conflict threaten imports

Indian refiners have begun purchasing stranded Russian crude oil cargoes following a US Treasury waiver, as disruptions in the Strait of Hormuz threaten Middle Eastern supplies.

  Indian refiners have resumed buying stranded Russian crude after the US Treasury issued a 30-day licence. The move offsets Middle East supply disruptions amid the West Asia conflict, ensuring domestic fuel security while balancing Russian and other sources 

Escalating tensions in West Asia have disrupted Kerala’s exports of fruits, vegetables and fish products, bringing shipments to a near halt. Exporters say losses are mounting as cargo routes remain affected during the crucial Ramzan export season

GAIL said LNG allocation from Petronet LNG under a long-term contract has been reduced to zero after a force majeure notice linked to navigation restrictions in the Strait of Hormuz and a possible shutdown at Qatar’s Ras Laffan liquefaction facility

The Congress party has sharply criticised the Modi government for its silence after a US submarine sank an Iranian warship near Sri Lanka, escalating tensions in West Asia. Rahul Gandhi accused the Prime Minister of compromising India’s strategic autonomy.

India, heavily reliant on long-term LNG contracts with Qatar, faces a temporary cargo suspension, causing up to 40% supply cuts for industries and city gas distributors

Asian markets plunged as the Iran-US-Israel conflict escalated, with South Korea’s Kospi falling over 12% and oil prices surging. Investor fears over supply disruptions through the Strait of Hormuz drove global market volatility and rising inflation concerns

Escalating West Asia conflict and closure of Strait of Hormuz threaten to sharply raise Brent crude prices, exposing India’s energy vulnerabilities

With 25 days of crude and fuel stocks, plus strategic reserves and diversified imports, India is confident of maintaining supplies even if the West Asia crisis continues, a top oil ministry official said

Crude oil prices rose over 1 per cent amid West Asia tensions and threats to shipping through the Strait of Hormuz. Brent crude touched $79.2 per barrel, with analysts warning prolonged disruptions could sharply impact India’s imports