Tag: Iran War

As part of the interim India-US trade deal, New Delhi has agreed to abstain from Russian oil imports, which, according to Washington DC, is fuelling Russia's war in Ukraine. (Reuters)
Posted in Business

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…

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Posted in Economy

Millions of barrels of Russian oil are already close to India

More than 15 million barrels of Russian oil are floating within easy reach of India, offering the nation a quick fix to Middle East supply…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. Since the Iran war began, foreigners have withdrawn about $1.3 billion from India. (Livemint)
Posted in Business

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…

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The Bombay Stock Exchange building on Dalal Street, Mumbai. (PTI)
Posted in Business

Sensex, Nifty 50 open gap-down as Iran war, crude oil shocks trigger selloff| Business News

India’s stock market tumbled on Friday joining a global retreat as an escalating military conflict involving the United States, Israel, and Iran sent shockwaves through…

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Posted in Economy

From fertilisers to rice, pulses, tea and apples: Middle East conflict threatens India-Iran agri trade

The Middle East, involving Iran, Israel and the US, could put India in a difficult position, as it threatens shipments of agricultural commodities like rice,…

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West Asia conflict disrupts India’s gems and jewellery trade; diamond shipments halted
Posted in Economy

West Asia conflict disrupts India’s gems and jewellery trade; diamond shipments halted

Mumbai: The West Asia conflict has disrupted India’s gems and jewellery exports, as well as imports of rough diamonds from the United Arab Emirates, because…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai.
Posted in Business

Sensex, Nifty 50 open higher, rupee gains, as Iran war risks abate| Business News

Updated on: Mar 05, 2026 10:15:42 AM IST The National Stock Exchange building in Bandra Kurla Complex, Mumbai. India’s stock market opened higher today on…

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A ceramics unit in Morbi. (ANI)
Posted in Business

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….

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The Bombay Stock Exchange building on Dalal Street in Mumbai. Potential IPOs in India face a challenging environment amid Iran war's impact on the stock market. (Bloomberg)
Posted in Business

Iran war impact on stock market puts IPO plans of India Inc. in a fix| Business News

After two record-breaking years for IPOs in India, the prospect of a prolonged issuance drought is rapidly materialising on Dalal Street—thanks to the Iran war’s…

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FILE PHOTO: An aerial view Port of Fujairah, United Arab Emirates in the strait of Hormuz, December 10, 2023. REUTERS/Stringer/File Photo (REUTERS)
Posted in Business

Iraq cuts crude oil production as blocked Strait of Hormuz fills up storage| Business News

Iraq has started shutting crude oil production at its biggest oilfields and is set to make even deeper reductions in the coming days—the clearest sign…

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