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India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle East, as the government looks to ensure continuity of energy supplies amid disruptions in the Strait of Hormuz, a senior oil ministry official told PTI.The move comes as the widening conflict in West Asia has…
Petroleum is the most immediate area of exposure. In 2025, India sourced roughly $70 billion crude oil and petroleum products from West Asia. (AI image) Beyond oil, the Middle East crisis has other implications for the Indian economy, especially if the US-Israel-Iran war continues for a long duration leading to major supply disruptions. In recent…
West Indies players (AP Photo/Bikas Das) NEW DELHI: The West Indies cricket team has finally received an update regarding their delayed return home after being stuck in India following their exit from the ICC Men’s T20 World Cup 2026. Head coach Daren Sammy shared the development on social media, writing, “Got an update. that’s all…
NEW DELHI: India on Thursday reiterated that it’s in a comfortable position with regards to energy supply, amid the Middle East tensions.Country’s energy situation is being reviewed twice a day and remains in a comfortable position on energy security despite the escalating tensions in West Asia, government sources, cited by ANI, said.Officials maintained that there…
NEW DELHI: The West Indies cricket team are facing travel troubles after being knocked out of the ICC Men’s T20 World Cup 2026 in India. Due to rising tensions between Israel and Iran, several airspaces in the Gulf region have been restricted, forcing airlines to cancel or reroute flights. As a result, the West Indies…
The ongoing conflict in the Middle East could pose short-term challenges for the Indian economy by pushing up oil prices and disrupting trade flows, though the country’s long-term growth trajectory is unlikely to be significantly affected, according to Nagesh Kumar, an external member of the Reserve Bank of India’s Monetary Policy Committee (MPC).In an emailed…
As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical energy shipping routes, the Strait of Hormuz. Any disruption could significantly affect major oil-importing countries such as India, as the narrow Strait of Hormuz is central to global energy trade. The strait sees…
As the Middle East crisis escalates, concerns have grown over a possible rise in petrol and diesel prices. However, despite a sharp increase in global crude oil prices, fuel rates in major Indian cities have remained unchanged. Consumers can breathe a sigh of relief as retail petrol and diesel prices in the country are not…
A Zepto software developer, Kritika Kumari, was stranded in Dubai amidst escalating Middle East conflict. NEW DELHI: Stranded in Dubai as the Middle East erupted into chaos, Kritika Kumari, a software developer at quick commerce platform Zepto, found herself navigating a tense mix of uncertainty, canceled flights, and missile strikes — and still managed to…
India has sought to buy Russian crude to avoid supply shortages as Middle East tensions show no sign of abating. (AI image) India is back to stepping up purchases of Russian crude as the ongoing US-Israel-Iran war blocks Strait of Hormuz and crucial oil supplies from the Middle East, according to reports. India imports nearly…
