Page 40 - Israel Iran Conflict

West Asia conflict: US expands India-like waiver on Russian crude oil

India was also granted a similar 30-day waiver on March 5 for purchase of Russian oil

In talks with Iran for Indian-flagged merchant vessels' transit: Govt

India is engaging Iran to ensure safe passage of its merchant vessels through the Strait of Hormuz amid concerns over LPG supply disruptions and stranded ships in the region

West Asia conflict: Airlines flag rising refinery margins behind ATF spike

Airlines say jet fuel prices have surged far more than crude oil since the West Asia conflict, blaming soaring refinery margins and the Mopag-linked pricing system for rising fares

Iran war highlights why India must rethink its energy dependencies

If there is one piece of advice India must take from Donald Trump, it is 'drill, baby, drill'

India to perform better than many nations amid West Asia crisis: CEA

He said that how the crisis ends is an equally important question to know whether both sides voluntarily end the conflict, or one side withdraws due to fatigue or exhaustion

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

Benchmark indices tumbled as crude prices surged amid escalating tensions in West Asia, triggering heavy FPI outflows and wiping out over Rs 10 trillion in investor wealth

US will hit Iran very hard over the next week, says Donald Trump

US military confirms that all six crew members aboard a refuelling aircraft that crashed in western Iraq were dead

PSU banks may underperform in near term amid Iran war and macro risks

The Iran conflict, rising crude prices and currency pressure may weigh on banking stocks, with PSU banks likely to face sharper downside risks than private peers in the near term

Markets are not fully pricing in West Asia war impact, says Chris Wood

Closure of the Strait of Hormuz, the lifeline for global oil and gas transit, also remains closed. As a result, crude oil and gas prices have been on an upward spiral in the last few days.

Gail, IGL, MGL: Is any gas stock worth buying now? Analysts guide

Going ahead, analysts expect natural gas prices to stay elevated in the backdrop of developments in West Asia. In March alone, prices of natural gas have climbed 16 per cent to $3.277/MMBtu

Iran's new supreme leader 'wounded, likely disfigured', says Hegseth

"We know the new so-called, not-so-supreme leader is wounded and likely disfigured," Hegseth told a press conference

Donald Trump says US would escort ships in Strait of Hormuz 'if needed'

US President Donald Trump said Washington could escort vessels through the Strait of Hormuz if necessary, as tensions with Iran escalate and oil prices surge amid the ongoing West Asia conflict

IndiGo, Air India seek relief from govt as Iran conflict raises costs

IndiGo and Air India are seeking tax relief and lower airport charges from the government as the Iran conflict and Pakistan airspace ban force longer routes and push up operating costs

LPG production up 30%, fuel supply stable, says govt amid West Asia crisis

The government said India has enough petrol, diesel and crude stocks despite the West Asia conflict; LPG output has risen 30 per cent and people are urged not to panic buy fuel

Economic Stabilisation Fund to help India tackle global headwinds: FM

Finance Minister Nirmala Sitharaman said the proposed Economic Stabilisation Fund will create fiscal headroom for India to respond to global shocks such as supply chain disruptions and energy crises

EAM Jaishankar holds 4th call with Iranian FM amid Strait of Hormuz crisis

External Affairs Minister S Jaishankar spoke to his Iranian counterpart Seyed Abbas Araghchi -- their fourth such conversation since the West Asia crisis began -- as New Delhi intensifies efforts to secure safe passage to 28 merchant vessels currently stationed on either side of the Strait of Hormuz. The two foreign ministers held the phone conversation on Thursday night. Jaishankar and Araghchi had spoken on February 28, soon after the US and Israel launched the attack on Iran that killed Ayatollah Ali Khamenei. They also spoke on March 5 and March 10. "Had another conversation with Iranian FM @araghchi yesterday night. Discussed bilateral matters as also BRICS related issues," the external affairs minister said on social media. The latest phone conversation came as India ramped up efforts to secure safe passage to the Indian-flagged merchant vessels through the strategic shipping route of Strait of Hormuz that has been partially blocked by Tehran following escalation in its ...

How the Iran war's oil shock is giving Russia a $150 million daily boost

As the Iran war disrupts Gulf oil exports, higher prices and rising demand from India and China are delivering Russia an estimated $150 million a day in additional revenues

Govt to delay signing US trade deal amid fresh tariff, energy concerns

Complicating matters is a new US investigation into what it calls "structural excess capacity and production in manufacturing sectors" in 16 trading partners, including India

US military refuelling plane crashes in Iraq: What we know so far

The US military says a KC-135 refuelling aircraft supporting operations against Iran crashed in western Iraq and rescue operations are underway. The US Central Command, which oversees the Middle East, said the crash followed an unspecified incident involving two aircraft in "friendly airspace," and that the other plane landed safely. Here's what is known so far about the tanker, which is the fourth publicly acknowledged US aircraft to crash during the war against Iran: The KC-135 is a long-serving tanker plane =========================== The KC-135 Stratotanker is a US Air Force aircraft used to refuel other planes in midair, allowing them to travel longer distances and maintain operations longer without landing. The plane is also used to transport wounded personnel during medical evacuations or conduct surveillance missions, according to military experts. Based on the same design as the Boeing 707 passenger plane, the tanker has been in service for more than 60 years, supporting

Restrictions imposed in Kashmir as protests erupt in Shia dominated areas

Protests broke out on Friday in some Shia-dominated areas of Kashmir, including Magam and Budgam, against the US-Israel strikes on Iran, officials said. Apprehending the protests on the last Friday of Ramzan, restrictions were imposed this morning in Srinagar and other parts of the valley, especially the Shia-dominated areas. The restrictions on the assembly of people were imposed in the morning as a precautionary measure to maintain law and order in view of the likelihood of protests, the officials said. The protesters shouted slogans against the US and Israel aggression in Iran, and in support of Palestine, they said. However, the officials added that the protests remained peaceful so far. They situation is being monitored closely, they said. Juma-tul-Vida (last Friday of Ramzan) is also being observed as Youm-ul-Quds to express solidarity with Palestine and there are apprehensions of anti-Israel protests after the congregational prayers, they said. The authorities also shut t