Strait of Hormuz

India’s LNG Import Bill Rises 24% to $5.6 Billion as Prices and Shipping Costs Surge
Business

India’s LNG Import Bill Rises 24% to $5.6 Billion as Prices and Shipping Costs Surge

India’s LNG imports have shot up by 24 per cent to $5.6 billion during April-July of the current financial year,…
OPEC+ Oil Production Hike Approved as Cartel Raises Output by 188,000 Barrels Per Day
Business

OPEC+ Oil Production Hike Approved as Cartel Raises Output by 188,000 Barrels Per Day

The OPEC+ oil production hike received approval on Sunday as the cartel agreed to raise its crude production quota by…
Global Crude Oil Prices Hit Four-Week High as US-Iran Conflict Sparks Supply Fears
Business

Global Crude Oil Prices Hit Four-Week High as US-Iran Conflict Sparks Supply Fears

Global crude oil prices climbed around 3 per cent on Tuesday, touching their highest levels in four weeks, after the…
Global Oil Prices Fall as OPEC+ Raises August Output Targets
Business

Global Oil Prices Fall as OPEC+ Raises August Output Targets

Global oil prices fell by nearly 1 per cent on Monday after OPEC+ agreed to increase crude oil production from…
Why the Strait of Hormuz reopening won’t end inflation and supply chain disruptions?
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Why the Strait of Hormuz reopening won’t end inflation and supply chain disruptions?

” The reopening of the Strait of Hormuz has restored the flow of ships, but it has not restored economic…
US Remains India’s Largest LPG Supplier in June as Energy Imports Diversify
Business

US Remains India’s Largest LPG Supplier in June as Energy Imports Diversify

The US largest LPG supplier to India story continued in June as the United States retained its position as India’s…
Iran closes Strait of Hormuz again, cites MoU violation by US and Israel
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Iran closes Strait of Hormuz again, cites MoU violation by US and Israel

Iran on Saturday announced the closure of the Strait of Hormuz once again, citing alleged violations of the Memorandum of…
Iran Introduces New Strait of Hormuz Transit Rules for Ships
Business

Iran Introduces New Strait of Hormuz Transit Rules for Ships

Iran on Friday introduced new regulations for vessels transiting the Strait of Hormuz, requiring ships to register in advance and…
Hormuz Reopening Gains Momentum as Trump Says Strait Will Fully Reopen by Friday
News

Hormuz Reopening Gains Momentum as Trump Says Strait Will Fully Reopen by Friday

U.S. President Donald Trump and French President Emmanuel Macron on Monday hailed a newly signed agreement with Iran as a…
Sensex, Nifty end lower amid rising West Asia tensions; IT stocks drag indices down
Business

Sensex, Nifty end lower amid rising West Asia tensions; IT stocks drag indices down

Indian equity benchmark indices ended a volatile trading session lower on Thursday as investor sentiment weakened amid escalating geopolitical tensions…
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