Missile strikes damaged key LNG facilities in Qatar, triggering fires and disrupting exports. QatarEnergy says repairs could take up to five years, impacting global gas supplies
The US hasn't been targeting Iran's energy assets in the war, he said. With regard to Kharg Island, a key Iranian export hub, it mounted a "precision strike" against the military assets
The US defence secretary reiterated that only President Donald Trump would decide when the war would end, adding that Iran's naval and missile manufacturing capabilities had been severely eroded
The US Special Representative for South and Central Asia Sergio Gor and Sri Lanka President Anura Kumara Dissanayake on Thursday discussed strengthening of bilateral relations and the island nation's position on the West Asia crisis. The US Special envoys' visit to Sri Lanka comes at a time when Sri Lanka came to be embroiled in the joint US-Israeli war against Iran since February 28. Gor met with Dissanayake at the Presidential Secretariat as part of "US efforts to safeguard vital sea lanes and secure ports, reinforce mutually beneficial trade and commercial ties, and advance a free, open, and prosperous Indo-Pacific for the benefit of both our peoples," a release from the US Pacific Command said. Gor and Dissanayake's "discussions focused on strengthening bilateral ties and Sri Lanka's position on the Middle East conflict and its challenges," the President's Media Division (PMD) said in a post on X. The US Special envoy will also travel to Maldives after Sri Lanka in the 5-day vi
Bisleri, Coca-Cola, Pepsi, billionaire Mukesh Ambani's Reliance and Tata all compete for a share of the $5 billion market
As Iran crisis disrupts key trade routes, China's expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited
US President Donald Trump said the US 'knew nothing' of Israel's strike on Iran's South Pars gas field and warned Washington would 'blow it up' if Iran targets Qatar's LNG facilities again
US President Donald Trump said the US 'knew nothing' of Israel's strike on Iran's South Pars gas field and warned Washington would 'blow it up' if Iran targets Qatar's LNG facilities again
Sensex Today | Stock Market LIVE Updates, Thursday: The GIFT Nifty signalled that the benchmark Nifty50 will likely open lower, tracking negative global cues
The RELIEF scheme mainly includes consignments destined for delivery or trans-shipment to the UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Iraq, Iran, Israel, and Yemen
These 20 vessels carry 215,000 tonnes of LNG, 321,000 tonnes of LPG, and 1,676,000 tonnes of crude oil; both Indian and foreign-flagged ships, all bound for India
These 20 vessels carry 215,000 tonnes of LNG, 321,000 tonnes of LPG, and 1,676,000 tonnes of crude oil; both Indian and foreign-flagged ships, all bound for India
Qatar's state oil and gas company said the Ras Laffan Industrial City, an energy-industry hub, had suffered "extensive damage" after it was hit by Iranian missiles
Qatar's state oil and gas company said the Ras Laffan Industrial City, an energy-industry hub, had suffered "extensive damage" after it was hit by Iranian missiles
India has been hit hard by the jump in crude prices and disruption in oil and gas supplies, but unlike China it has not moved to ban exports of refined fuel
Until the US and Israel started bombing Iran less than three weeks ago, it was viewed as a near certainty that the Bank of England would cut interest rates again on Thursday. Now it's a near-certainty that it will leave its base rate unchanged at 3.75 per cent. The start of the Iran war on February 28 set in a chain of events that has done much to upend global economic forecasts, not least in how it will affect prices. The longer the Iran war and the associated closure of the Strait of Hormuz go on, the greater the economic pain will be. A fifth of the world's crude oil goes through the strait. The most tangible impact has been in oil and gas markets, with prices rising sharply higher since the start of the war. That has already had an impact on prices at the pump and will, if sustained, lead to higher domestic energy bills. With these new inflationary pressures stalking the global economy, central bankers are having to reassess their projections in 2026, both for inflation and ...
Until the US and Israel started bombing Iran less than three weeks ago, it was viewed as a near certainty that the Bank of England would cut interest rates again on Thursday. Now it's a near-certainty that it will leave its base rate unchanged at 3.75 per cent. The start of the Iran war on February 28 set in a chain of events that has done much to upend global economic forecasts, not least in how it will affect prices. The longer the Iran war and the associated closure of the Strait of Hormuz go on, the greater the economic pain will be. A fifth of the world's crude oil goes through the strait. The most tangible impact has been in oil and gas markets, with prices rising sharply higher since the start of the war. That has already had an impact on prices at the pump and will, if sustained, lead to higher domestic energy bills. With these new inflationary pressures stalking the global economy, central bankers are having to reassess their projections in 2026, both for inflation and ...
Fed's next move may ultimately be a hike, a possibility Powell acknowledged came up again in discussions this week - though that's not the base case for the majority of policymakers
The West Asia conflict has changed the bullish narrative around Gold. High oil prices, US recession-cum-inflationary fears, and fading Fed rate cut bets weigh on the sentiment, says YES Securities.
Global carriers such as MSC, Maersk, CMA CGM and Hapag-Lloyd have told customers they may discharge containers at alternative ports, invoking a long-standing maritime contract clause