Page 78 - Israel Iran Conflict

Ships loaded with Reliance diesel, jet fuel turn to Asia instead of Europe

Asian buyers are rushing to secure fuel supplies to offset production losses from expected refinery run cuts as the near-halt in traffic in the Strait of Hormuz constrains oil supply to the region

Jindal Stainless flags possible shipment delays to West Asia amid conflict

The country's biggest stainless steel producer said West Asia accounted for a small share of its export market but that the company remained committed to serving the region

SpiceJet to operate 14 UAE flights to bring back stranded citizens today

SpiceJet will operate 14 special flights from the UAE on Friday to bring passengers who have been stranded due to the Middle East conflict. Indian carriers cancelled 281 international flights on Thursday due to the Middle East crisis, and the government is closely monitoring the evolving situation in the region. In the last three days, SpiceJet said it has operated 25 special flights from the UAE to Delhi, Mumbai and Kochi. On Friday, the carrier will operate 9 flights from Fujairah to Mumbai, 4 services to Delhi and 1 from Dubai to Pune, according to a statement. The escalating conflict involving US, Israel and Iran have significantly impacted flight operations due to airspace closures.

Indian refiners move quickly to buy Russian oil after US relaxes curbs

There's around 15 million barrels of Russian crude on tankers in the Arabian Sea and the Bay of Bengal, while vessels carrying another 7 million are idling near Singapore

Nifty bottom yet to come, shows this rare gap-down trend: SAMCO Securities

A note from SAMCO Securities warns that based on the study of past history of more than 1% gap-down open on the Nifty, a market bottom is yet to arrive.

Centre asks refiners to maximise LPG output amid West Asia conflict

The Centre has directed refiners to maximise LPG production and ensure supplies go only to state-run retailers for domestic use as tensions in West Asia threaten global energy flows

Iran's regime shut downs internet amid war, places civilians in crosshairs

Roughly one week into the conflict, it is estimated only around 1% of normal internet traffic remains accessible across the country

Flight from UAE safely arrives at Delhi Airport amid West Asia conflict

Passengers travelled from Dubai to Fujirah Airport, which was approximately two hours from Dubai

West Asia war: RIL to benefit, OMCs, CGDs may face margin hit, says Nomura

Iran war impact: Nomura sees windfall gains for refiners like RIL but margin squeeze for Indian Oil, BPCL and HPCL amid rising crude and gas disruptions

India, China lead car exports worth billions of dollars to West Asia

The West Asia is the second-largest overseas market for China-made vehicles and an increasingly important region for the Asian giant as it looks to offset weak demand at home

Protests against killing of Khamenei: Restrictions continue in Kashmir

Restrictions on movement of people in Kashmir valley were intensified on Friday as authorities apprehended protests against the killing of Iran's supreme leader Ayatollah Ali Khamenei after congregational prayers this afternoon. Normal life in the valley has been disrupted for the sixth consecutive day due to protests over the killing of Khamenei in US-Israel joint strikes. The restrictions were imposed on Monday after spontaneous protests broke out across Kashmir a day earlier against the killing. Chief Minister Omar Abdullah on Wednesday held a meeting with civil society representatives and religious leaders as part of efforts to bring the situation back to normalcy. After the meeting, Abdullah appealed to people to maintain peace. The protests have waned after the meeting convened by the chief minister with the number of places affected due to law and order situation dropping from several dozen on Tuesday to less than 10 on Thursday. The government has shut educational ...

Dubai travel chaos: Sonu Sood offers free shelter for stranded passengers

DM me if you're stranded: Sonu Sood offers free stay in Dubai

'How long will blackmail continue?': Cong's dig after waiver on Russian oil

The Congress on Friday took a swipe at the Modi government after the US announced a temporary waiver to allow Indian refiners to purchase Russian oil, and asked till when will this "American blackmail" continue. In a post in rhyming in Hindi on X, Congress general secretary in-charge communications Jairam Ramesh said, "Trump ka naya khel, Dilli dost ko kaha, Putin se le sakte ho tel, kab tak chalega ye Ameriki blackmail (Trump's new game; told his friend in Delhi you can get oil from Putin; how long will this American blackmail continue?) Amid the escalating conflict with Iran, the US said it is issuing a temporary 30-day waiver on Russian oil purchases. "President Trump's energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil," Treasury Secretary Scott Bessent said on ...

US President Trump urges Iran's IRGC to surrender, offers 'full immunity'

US President Donald Trump called on members of Iran's Islamic Revolutionary Guard Corps to lay down their arms in exchange for "total immunity" or face "guaranteed death"

US House blocks bid to halt Iran conflict, avoiding clash with Trump

A handful of Democrats joined Republicans to defeat an effort to force President Trump to go to Congress for approval to continue using force against Iran, while two GOP lawmakers backed it

US issues temporary licence to allow some Russian oil sales to India

Move comes months after President Donald Trump slapped tariffs on Indian goods in a bid to pressure Prime Minister Narendra Modi's government to abandon energy purchases from Russia

Philippines mulls shorter work week, less air conditioning to save energy

The Southeast Asian nation imports nearly all of its oil requirements, and the war in Iran could spur inflation that already hit a 13-month high in February

Ukraine offers help downing Iranian drones in exchange for Patriot missiles

He offered to share his country's expertise in protecting against explosives-laden Iranian drones, which are swarming the defenses of the US and its West Asia allies

Azerbaijan accuses Iran of drone attack amid unrest, vows to retaliate

Azerbaijan on Thursday accused Iran of a drone attack on its territory that injured four civilians, and it vowed to retaliate as the war in the Middle East reached into another country. Azerbaijan's Foreign Ministry said in a statement that Iranian drones attacked its exclave of Nakhchivan and damaged an airport building. President Ilham Aliyev accused Iran of carrying out "a groundless act of terror and aggression," and said his military has been told to prepare and implement retaliatory measures. The Caspian Sea nation halted truck traffic across the nearly 700-km border with Iran. Iran's general staff of the armed forces denied it had launched a drone toward Azerbaijan's territory. Iran has repeatedly denied targeting oil infrastructure and other civilian targets in the war, despite its drone and missile fire hitting those sites. The incident highlighted Azerbaijan's complicated relationship with neighbouring Iran, at a time when Baku also has developed military and economic tie

Israel strikes Beirut's suburbs after issuing blanket evacuation order

Israel launched a series of strikes on the southern suburbs of Beirut on Thursday after ordering all residents of the densely populated area to evacuate. Traffic was gridlocked in Lebanon's capital on Thursday as panicked residents tried to flee after Israel's military issued an evacuation notice telling residents to "save your lives and evacuate your homes immediately," and specified which routes they should take to escape. Hours later, strikes began to hit the Beirut suburbs. Since the resurgence of hostilities between Israel and the Hezbollah militant group, Israel has struck sites in Beirut's suburbs and issued a blanket warning for residents south of the Litani River - an area in southern Lebanon stretching to the border with Israel - to evacuate their homes, but had not previously issued a blanket evacuation order for Beirut's southern suburbs. After the attacks by the United States and Israel on Iran triggered a new war in the Middle East, Hezbollah launched missiles and dro