Latest News, Updates & Breaking Headlines
Iran’s Hormuz chokehold has reshaped India’s oil purchase pattern, with a sharp drop in Gulf supplies this month pushing refiners towards Russia and smaller producers to keep supplies steady. So far in March, crude imports into the country are down 23% compared to February, according to shipping data and analyst estimates cited by ET. The…
The list of those killed – including citizens of India, Sri Lanka, Nepal, Bangladesh, Pakistan and Afghanistan – shows casualty figures far higher in some cases than those so far released or acknowledged by govts of the region. The data also names Southasians known to have been recruited into the Russian military from these countries,…
“The supreme art of war is to subdue the enemy without fighting,” wrote ancient Chinese strategist Sun Tzu in The Art of War.That idea may now be quietly playing out in the geopolitics of the Middle East and far beyond it.As tensions rise and global powers take sides, the ripple effects are spilling well beyond…
NEW DELHI: The ministry of external affairs on Thursday said that New Delhi is trying to buy LPG from everywhere to widen its range of options for energy supply amid the ongoing conflict in the Middle East.In a weekly press briefing, MEA spokesperson Randhir Jaiswal said that the government is also willing to buy LGP…
NEW DELHI: Ukraine on Thursday called for a transparent and impartial investigation into the detention of six of its nationals in Mizoram, firmly rejecting any suggestion of involvement in terrorist activities and accusing Russia of trying to “drive a wedge between Ukraine and India.”The Ukrainian nationals were detained for allegedly entering Mizoram without authorisation and…
Ukrainian President Volodymyr Zelenskyy on Saturday claimed that Russia is supplying Iran with Shahed drones that are being used against the United States and Israel.In an interview with CNN, Zelenskyy told journalist Fareed Zakaria that it was “100% fact” that Iran had used Russian-made Shahed drones in attacks on American bases.Shahed drones have been linked…
MUMBAI: Even as tensions continue to disrupt shipping routes in the Persian Gulf, two crude oil tankers have safely crossed the Strait of Hormuz and are heading towards Indian ports, offering a measure of relief on energy supplies. The Liberian-flagged tanker MT Smyrni is expected to arrive at Mumbai port on Saturday carrying about 1.4…
President Donald Trump on Friday said he believed that Russian leader Vladimir Putin was helping Iran in its war against the United States and Israel.Trump’s comment came in a radio interview with Fox News host Brian Kilmeade, and 1 week after the President lashed out at Fox News reporter Peter Doocy for asking him at…
Russia said on Friday that the global energy market “cannot remain stable” without its oil after the United States temporarily allowed the sale of Russian crude already in transit, a move that came as energy prices surged amid the escalating war involving Iran, Israel and the US.Russia’s economic envoy Kirill Dmitriev said the US decision…
The effects of this situation will vary across countries, with some economies facing greater strain while others could see limited gains. (AI image) The US-Israel-Iran war has lasted for over 10 days – and with no signs of either side relenting the global economy is feeling the ripple effects of conflict. The economic fallout from…
