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The Pakistan Cricket Board (PCB) said there are no issues with overseas players travelling for the upcoming Pakistan Super League (PSL), even as concerns were raised due to the situation in the Gulf region. The tournament is scheduled to begin on March 26 and is set to include several foreign players, including those from Australia.The…
10% of India’s non-energy imports in 2024 originated from the Middle East region. (AI image) The Middle East conflict has brought into focus the vulnerability of countries around the world in terms of their dependency on oil and gas. India, the world’s fifth largest economy, is also the third largest importer of oil. A big…
The Middle East is considered a hub of global aviation, providing connectivity between Asia, Europe, Africa, and America, with some of the busiest air transit points in the world. For millions of air travelers, especially those traveling from India, Dubai, Doha, and Abu Dhabi have always been major air transit points. However, airspace restrictions, geopolitical…
“The tea is 15 rupees,” said the tea stall vendor outside Noida Sector 16A metro station, apologetically handing over a cup of tea that had suddenly become more expensive.When asked why the price had increased, the vendor offered a brief explanation with tired eyes, the “cylinder has gone very costly.” Even the samosas and pakoras…
State-owned oil marketing companies have started asking petrol pump dealers to make advance payments for supplies of petrol and diesel, as refiners grapple with mounting revenue losses from retail fuel sales, according to a Reuters report.Nearly 90% of India’s about 1,01,470 fuel stations are linked to public sector refiners and retailers – Indian Oil Corporation,…
As the Middle East conflict enters its third week, rising tensions are pushing global oil prices higher. Crude from the Middle East has seen the sharpest spike, becoming the world’s most expensive oil as disruptions to key supply routes continue. According to a Reuters report, S&P Global Platts assessed cash Dubai crude at $153.25 per…
Gulf Arab nations have made it clear that they never asked the United States to go to war with Iran. However, many now caution that halting the conflict midway could leave the Islamic Republic in a position to threaten the Gulf’s vital oil shipping routes and the economies dependent on them, three Gulf sources told…
File photo: British PM Keir Starmer UK Prime Minister Keir Starmer said on Monday that Britain “will not be drawn into the wider war” in the Middle East, even as it works with the US, European partners and Gulf allies on a “viable collective plan” to reopen the Strait of Hormuz, the critical energy chokepoint…
The Qatar Football Festival 2026, including the planned Finalissima match between Argentina and Spain, has been cancelled due to ongoing travel disruption and airspace closure, organisers said.In a statement, the Local Organising Committee (LOC), in conjunction with UEFA and CONMEBOL, confirmed that the programme of events scheduled in Qatar would no longer take place as…
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock Exchange and the National Stock…
