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Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts, as well as with the GCC Secretary General, on containing disruptions in energy supplies and restoring trade flows at the earliest amid the ongoing West Asia crisis. India’s trade with West Asia has been disrupted severely because of…
The Centre assured that LPG supply across the country is normal, despite rising tensions in the Middle East, with shipments sailing through the Strait of Hormuz without any disruption. Dismissing fears of any shortage in the nation, petroleum and natural gas secretary Neeraj Mittal, on Thursday, said that domestic availability remains stable. “I don’t see…
US President Donald Trump has mocked international allies over escalating fuel shortages, taunting nations to “keep the oil” as the Iran-Israel-US conflict enters its 36th day. In a sarcastic outburst, posted to Truth Social on Saturday, Trump wrote, “Keep the oil, anyone?” targeting countries like the UK that have expressed alarm over soaring energy prices…
Russia on Friday highlighted its deepening energy partnership with India, saying that Moscow can ramp up energy supplies to the Indian market amid the ongoing energy crisis triggered by Middle East war. During his visit to India, Russia’s first deputy chairman Denis Manturov said that Moscow’s companies are capable to enhance supplies of oil and…
NEW DELHI: The ministry of external affairs on Thursday said several neighbouring countries have sought India’s assistance for petroleum supplies amid rising regional pressures as the Middle East conflict continues. “On Bangladesh, we continue to supply energy requirements to them since 2007… We have also recently supplied 38,000 metric tonnes of petroleum products to Sri…
Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review the impact of the ongoing Middle East conflict, directing ministries to take urgent steps to safeguard essential supplies and protect citizens.“PM directs that all efforts must be made to safeguard the citizens from the impact of…
Asia is likely to face the worst impact of the ongoing Iran war and the resulting energy disruptions, with supply gaps emerging across key economies, global maritime analytics firm Kpler has warned, as reported AFP.“We think Asia will, for now, be the ones suffering the most,” Kpler president Jean Maynier told AFP in an interview…
The Centre has designated sectors such as steel, automobiles, textiles, dyes, chemicals and plastics as priorities. (AI image) LPG crisis for factories across the country seems to be easing as the government steps up availability of commercial liquefied petroleum gas. Production disruptions are gradually subsiding as supplies of commercial LPG improve and migrant workers return…
Sri Lanka on Sunday raised fuel prices by around 25 per cent, marking the second increase within a week as the ongoing Middle East conflict continues to disrupt global energy markets, news agency PTI reported.The price revision, effective from midnight, comes as tensions triggered by joint US–Israel strikes on Iran and retaliatory action by Tehran…
NEW DELHI: India’s weekly LPG imports fell to 265,000 tonnes in the week to March 19, from 322,000 tonnes on March 5. West Asia inflows declined to just 89,000 tonnes in the week to March 19, the lowest share since Jan 2026, according to S&P Commodities At Sea (CAS).The report, however, added that alternative regional…
