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Opec cuts Q2 global oil demand forecast by 500,000 bpd on Iran war

Global oil demand is projected to average 105.07 million bpd in the second quarter, OPEC's report said, down from the 105.57 million bpd forecast in last month's report

Dollar firms as US-Iran talks fail, blockade fears lift safe-haven demand

The dollar has tended to benefit when tensions between Iran and the US have flared, given its ‌status as a safe haven and the limited exposure of the US to imported energy-price inflation

RMZ plans $35 bn investment, eyes IPO to fund AI, data centre push

Co-location data centres allow customers to house their own servers, with the operators ‌providing power, cooling, security and network connectivity

Iran denies charging toll for Indian tankers transiting Strait of Hormuz

India says 15 India-flagged vessels remain stuck in the Persian Gulf

India gets first Iranian oil in 7 years, shows ship tracking data

The Iran-flagged Felicity has reached Sikka Port in western India, while the Curacao-flagged Jaya is at the eastern port of Odisha, the data shows

Goldman Sachs profit jumps 18% on strong dealmaking, equities trading

Global markets have been roiled by the Iran war as rising crude oil prices fan inflation fears and exacerbate worries about a recession

HPCL issues rare tender seeking LPG tanker to load from Russian port

Hindustan Petroleum Corporation Limited seeks LPG cargo from Russia as Hormuz disruption deepens supply crisis, forcing India to diversify sourcing beyond the Middle East

SP Group seeks investor nod to extend Goswami Infratech debt maturity

The ‌proposal aims to extend the maturity of high-yield notes that are currently set to mature on April 30

World Bank chief warns of looming jobs crisis even after Iran war ends

World Bank chief said governments must balance immediate crises with long-term priorities including job creation, clean water access and electrification

Palm oil imports fall 19% to three-month low in March amid price surge

India's palm oil imports in March fell to 689,462 metric tons, the lowest since December 2025, down from 847,689 tons in February

RBI scrutinises methods banks use for unwinding rupee arbitrage trades

Following the central bank's measures, the rupee has recovered from near 95.20 per US dollar to near 92.50, before paring its rally on Monday

Trump hits out at Pope Leo XIV over his stance on crime, foreign policy

Pope Leo, the first US-born leader of the Catholic Church, has been an outspoken critic of the US-Israeli war on Iran and has also questioned Washington's approach to immigration

India, China boosts LPG imports from US to replace West Asia supply

LPG exports from the West Asia, Asia's top supplier of the fuel used for cooking and feedstock for petrochemical plants, have plunged since the US-Israeli war with Iran started in late February

Oil tankers steer clear of Strait of Hormuz as US prepares for blockade

Iran's Revolutionary Guards said any military vessels attempting to approach the Hormuz would be considered a violation of the ceasefire and be dealt with harshly and decisively

Oil prices resume their climb, Asian markets fall as US set to block Hormuz

Japan's benchmark Nikkei 225 lost 1.0 per cent in morning trading to 56,357.40; South Korea's Kospi dipped 1.1 per cent to 5,795.15

Donald Trump vows to block Hormuz after US-Iran peace talks fail

Vance said Iran had chosen not to accept American terms, including not to build nuclear weapons

'Bad news': Vance says no agreement after Iran peace talks in Pakistan

Vance cited shortcomings in the talks and said Iran had chosen not to accept American terms, including to not build nuclear weapons

US intel indicates China plans to ship air defense systems to Iran: Report

Beijing is preparing to transfer shoulder-fired anti-air missile systems known as MANPADs, CNN said, citing sources it did not name

Haryana raises minimum wages 35% after protests by auto industry workers

The decision comes a day after clashes between the police and workers in Manesar, located 30 miles (48.28 km) south of New Delhi and home to companies like Maruti Suzuki

White House official rejects reports of US unfreezing Iranian assets

There was no immediate statement from the United States about any unfreezing of assets. Qatar's Foreign Ministry did not immediately respond to a request for comment