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Middle East conflict impact: China’s dependence on US ethane deepens; set to import record volume

China’s increased purchases of ethane also come ahead of a planned mid-May visit by Donald Trump to Beijing. (AI image) China, the world’s second largest economy, is facing supply disruptions due to the ongoing Middle East conflict. China is on track to bring in an unprecedented volume of US ethane this month, as petrochemical firms…

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Gold, Silver Rate Today Live Updates: Middle East conflict in focus as prices likely to be volatile; what’s the outlook?

Gold buying during one of the major festive occasions remained subdued on Sunday, as record-high prices discouraged jewellery purchases, outweighing a slight rise in investment-led demand. The festival of Akshaya Tritiya—considered the second most significant gold-buying occasion after Dhanteras—was marked across the country, with buying precious metals traditionally seen as a sign of prosperity. According…

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Us Iran Conflict 2026: ‘Spare the sermons’: Iran slams EU over Hormuz stance, calls ‘international law’ remarks ‘peak hypocrisy’

File photo: EU foreign policy chief Kaja Kallas and Iran’s foreign ministry spokesperson Esmail Baghaei Iran on Sunday sharply criticised the European Union over its position on transit rules in the Strait of Hormuz, accusing it of double standards amid escalating tensions linked to the ongoing US-Iran conflict.Iran’s foreign ministry spokesperson Esmail Baghaei hit out…

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Tampa Bay Lightning and Montreal Canadiens playoff opener pushed due to arena conflict and broadcast scheduling | NHL News

Ivan Demidov #93 of the Montreal Canadiens skates with the puck under pressure from Charle-Edouard D’Astous #51 of the Tampa Bay Lightning during the first period of the NHL regular season game between the Montreal Canadiens and the Tampa Bay Lightning at the Bell Centre on April 9, 2026 in Montreal, Quebec, Canada. (Photo by…

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Fuel Prices Pakistan: Iran war impact: Will Pakistan be forced into rationing fuel if conflict drags on?

Pakistan could be forced to consider fuel rationing at petrol pumps if the ongoing US-Iran conflict continues for a prolonged period, finance minister Muhammad Aurangzeb has said.Speaking at the World Bank–IMF Spring Meetings 2026 in Washington, DC, Aurangzeb indicated that while Islamabad has so far avoided rationing, the situation remains fluid and dependent on how…

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Atmanirbhar Bharat 2.0 push: Amid Middle East conflict, India working on self-reliance in energy, nuclear power

PM Modi has asked ministries and government departments to review the evolving situation and draw up both immediate and long-term plans. (AI image) Atmanirbhar 2.0: The Middle East conflict has led India to re-work its self-reliance strategy to shield key supply chains and strengthen energy security in response to the global economic disruption triggered by…

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Boost for India! IMF raises GDP growth forecast to 6.5% for FY27 despite Middle East conflict; lower US tariffs to benefit economy

India will continue to retain its tag of being the world’s fastest growing major economy over the next two years as well. (AI image) In a boost for India, the International Monetary Fund (IMF) has raised the country’s GDP growth forecast for the next two fiscal years despite the ongoing Middle East conflict. IMF has…

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