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Kuwait revenues slip, Iraq exports hit, Saudi gains windfall: How Hormuz blockade is reshaping Gulf oil fortunes

The Middle East conflict, now in its sixth week, continues to send shockwaves across the world. From energy supply disruptions to rising fuel prices, several countries are being forced into emergency measures such as work-from-home policies and cost hikes. Meanwhile, the Gulf region is witnessing a split oil reality! While for some producers, soaring crude…

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12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis

India is actively looking to offset supply disruptions from the Middle East caused by the Iran conflict. (AI image) Amid the raging US-Israel-Iran war, India is set to get high volumes of crude oil from Venezuela as the Strait of Hormuz supply disruptions continue. Shipping data quoted by Kpler indicates that over 12 million barrels…

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Air India revises fuel surcharge amid energy crunch; here’s how much more you will pay

Aviation giant Air India group on Tuesday revised its fuel surcharge across domestic and international routes, as Middle East tensions continued to weigh oil supplies across the globe. The move follows the decision by the ministry of petroleum & natural gas and the ministry of civil aviation to cap the increase in domestic aviation turbine…

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Top stocks to buy today: Stock market recommendations for April 7, 2026 – check list

Top stocks to buy (AI image) Stock market recommendations: Multi Commodity Exchange, Godrej Properties, and Bharat Dynamics Ltd are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends buying on April 7, 2026. Below is a detailed analysis:Multi Commodity Exchange: Buy in the range between Rs 2540 & Rs 2545;…

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Govt e-Marketplace reports 7.4% fall in transactions

Government e-Marketplace GeM is a dedicated e-Market service platform, a National public procurement portal, governed by Government of India for marketing different goods and services. State-run public procurement platform Govt e-Marketplace (GeM) recorded a 7.4% decline in transactions in FY26, with gross merchandise value (GMV) at Rs 5 lakh crore, compared with Rs 5.4 lakh…

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GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status

Foreign firms leased a record 9.1 million square feet of office space across India’s top nine cities during the January-March quarter to set up Global Capability Centres (GCCs), highlighting strong demand for workspaces, PTI reported citing CBRE data.Real estate consultant CBRE said total gross leasing of office space rose 5% to 20.7 million square feet…

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US stock market today (April 6, 2026): S&P 500 steady, Dow dips; oil swings on Iran war uncertainty

US stock markets showed tentative moves on Monday, with the S&P 500 inching higher while the Dow Jones Industrial Average slipped, as oil prices remained volatile ahead of President Donald Trump’s deadline on Iran, AP reported.The S&P 500 rose 0.1% in early trading, coming off its first weekly gain in six weeks. The Dow Jones…

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