Tag: Iran War impact on India
India tells refiners to maximise LPG output for domestic sales only| Business News
India has directed all its refiners to maximise LPG production for sale to state-run oil marketing companies, amid a has squeeze stemming from the Iran…
Indian Oil-led refiners snap up 20 million barrels of Russian oil amid Iran war squeeze| Business News
Indian refiners, led by Indian Oil Corp. Ltd. are rushing to secure millions of barrels of prompt Russian crude as New Delhi scrambles to mitigate…
Morgan Stanley cuts India exposure on LNG shock from Iran war| Business News
Morgan Stanley is adopting a more cautious stance on Asian equities, trimming its India exposure on concerns that the Iran war may disrupt supply chains…
Adani triples LNG price for industrial users as Iran war disrupts supply| Business News
Adani Total Gas Ltd. has tripled LNG prices for industrial consumers exceeding their daily quota, in what is seen as a direct fallout of an…
Gas shortage hits ceramic hub in Gujarat’s Morbi as Iran war widens| Business News
The ceramic industry in Gujarat’s Morbi district is facing a looming production crisis as an escalating Iran war chokes the supply of essential natural gas….
RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war| Business News
The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The Reserve…
Crude shock for India as New Delhi emerges most vulnerable to Iran war| Business News
The Iran war has exposed a structural weakness in India’s economic engine—a precarious lack of oil buffers. As Israeli and US strikes on Iran effectively…
Crude oil prices jump 10% on Iran war, spike to $100/barrel seems certain| Business News
Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that crude oil prices could…