Tag: Iran War

The disruption at the Strait of Hormuz prompted Saudi Aramco to reroute some crude supplies, which is a partial workaround at best. (Reuters)
Posted in Business

Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News

Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…

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Posted in Economy

Rupee slide may fuel imported inflation risks, say experts

New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…

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Posted in Economy

India’s vegetable oil buyers step back, betting Iran war-driven rally will ease

Mumbai: Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not last…

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The services industry, which accounts for the majority of India's GDP, also lost ground with the PMI easing to 57.2 in March from 58.1 in February.
Posted in Business

India’s private sector growth hits three-year low as Iran war saps demand| Business News

India’s private sector expanded at its weakest pace in over three years in March as price shocks from the Iran war dampened domestic demand, yet…

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Posted in Economy

From India to Italy, Trump’s Iran war is rippling through the world economy

The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies…

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Posted in Economy

Exporters, freight forwarders seek government help as war surcharges on cargo surge

Mumbai: Exporters and freight forwarders have sought the government’s intervention after global shipping lines began imposing steep war-risk surcharges on cargo to and from the…

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An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the Iran war, in Shinas, Oman, on 11 March 2026. The Iran war, and the consequent blockade of the Strait of Hormuz, threatens to close the “goldilocks” trade window for India's economy. (Reuters)
Posted in Business

India’s trade deficit narrows before Iran war impact shows on economy| Business News

India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…

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Posted in Economy

Modi-govt walks fine line between Iran and US as war hits economy

India’s Prime Minister Narendra Modi is stepping up engagement with Iran as a worsening conflict in the Middle East causes severe gas shortages in the…

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Posted in Economy

India fast-tracks fertiliser imports to cushion kharif season from West Asia supply shock

New Delhi: India has fast-tracked fertiliser imports to safeguard supplies for the kharif sowing season as the West Asia crisis disrupts gas shipments, and shipping…

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The Bombay Stock Exchange building in Mumbai. (Reuters)
Posted in Business

Iran war drags down everything, everywhere all at once for India Inc.—from Sensex to Nifty 50 and Rupee| Business News

India’s stock market suffered a across-the-board selloff Friday as an intensifying Iran war in West Asia pushed crude oil prices above $100 a barrel, threatening…

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