Tag: Strait of Hormuz
Sensex jumps 1,516 points, Nifty up 365 in opening but volatility persists amid Strait of Hormuz closure| Business News
The domestic share markets opened on a positive note on Tuesday, taking a breather from recent selling pressure, with both benchmark indices registering strong gains…
Two more India-flagged LPG tankers set sail through Strait of Hormuz| Business News
Two India-flagged liquefied petroleum gas tankers set sail for yet undisclosed Indian ports from the UAE early on Monday, tracking close to the Iranian coastline…
Strait of Hormuz disruption could hit India’s LPG supplies, refined product markets more vulnerable than crude oil markets: Report
Disruptions around the Strait of Hormuz could pose significant risks to India’s energy security, particularly LPG supplies, according to a report by PL Capital. According…
Oil marketing firms suspend fuel on credit to pumps amid West Asia crisis| Business News
New Delhi : Pay up first, tank up later; at a time of crunch, that’s the message from state-run oil marketers to fuel stations. A…
There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work
There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…
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…
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…
West Asia conflict could hurt agri input availability: UPL Executive
New Delhi: Escalating geopolitical tensions and disruption around the Strait of Hormuz have increased the cost of major agricultural inputs and if the situation continued,…
Iran conflict could increase challenges for emerging market sovereigns: Fitch
New Delhi: Fitch Ratings on Monday said the Iran conflict could raise additional challenges for some emerging market sovereigns in areas like energy imports, remittances…
Energy imports into the country are in full flow from all Non-Hormuz routes: Union Minister Hardeep Puri
Amidst the ongoing uncertainty in the global oil and energy market due to West Asia crisis, Union Petroleum Minister Hardeep Singh Puri has informed that…