Tag: Strait of Hormuz
Indian Oil-led refiners eye Russian crude oil again as Iran war chokes Strait of Hormuz| Business News
India’s state-run refiners led by Indian Oil Corp. Ltd. met government officials over the weekend to hammer out contingency plans as an escalating Iran war…
Sensex down 2,743 points, Nifty 50 well below 25,000 as Iran war ignites stock market| Business News
Dalal Street in Mumbai was engulfed in panic on Monday as India’s benchmark indices Sensex and Nifty 50 cratered at the opening bell, with investors…
Israel-Iran war’s ‘Strait’ fight can damage one of India’s well-built firewalls
India is likely confronting renewed economic uncertainty amid Israel-Iran war and after the killing of Iran’s Supreme Leader in joint US–Israel strikes, a move that…
Iran-Israel-US war: Ships asked to bypass West Asia ports
New Delhi | Mumbai: The government has asked Indian-flagged vessels to stay anchored at sea and avoid calling at West Asian ports, officials said as…
Oil, trade risks for India amid Iran-Israel war
Escalating tensions between Iran and Israel pose a threat to India’s energy security. Disruptions in West Asia could lift oil prices, push inflation higher, pressure…
OPEC to raise output as Iran war threatens to bolster rally in crude oil prices| Business News
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to resume oil production increases next month as the Iran war brought on by Israel…
Uncertainty looms as shipping is hit, exporters in wait and watch mode
NEW DELHI: The war in West Asia will have a severe impact on trade and shipping as industry and exporters expect port closures. The air…
Strait of Hormuz holds global economy hostage amid Iran attacks by US, Israel| Business News
Amid coordinated attacks on Iran by the US and Israel, and Tehran retaliation across the Gulf, all eyes are on the Strait of Hormuz—just 33…
What’s at stake for crude oil markets as Israel, US pile up Iran attacks| Business News
The Iran attacks by the United States and Israel create new risks for a significant chunk of the world’s crude oil supply. The Strait of…
OPEC+ to weigh bigger increase in crude oil supply after Iran attacks by US, Israel| Business News
OPEC+ will consider the option to increase crude oil supply when key members meet Sunday after the US and Israel launched an attack on Iran,…