West Asia

ACMA sends SOS to MHI over LPG crunch, export-import shipment delays

Auto component makers warn Red Sea shipping disruptions and LPG/PNG supply concerns are raising costs, delaying exports and threatening production across the supply chain

West Asia war: Air India introduces fuel surcharges amid rising oil prices

Air India to impose fuel surcharges on domestic and international flights in phases from March 12 as aviation turbine fuel prices surge amid supply disruptions

West Asia conflict: From biryani to dosa, LPG crisis bites into menus

Industry body asks 500,000 eateries to scale down cooking-intensive dishes

PM Modi calls for cushioning West Asia crisis impact amid supply fears

PM Modi asks key ministries to coordinate response to potential LPG and fertiliser disruptions as the government prioritises natural gas supply to protect fertiliser output

Tariffs, West Asia crisis get under the skin of Kolkata's leather hub

Every crease and fold tells the story of the city's leather industry, stretched thin by tariffs, disrupted consignments, and a fragile global market

West Asia conflict could disrupt India's trade, energy supplies: Assocham

ASSOCHAM warns that a prolonged West Asia conflict could disrupt global trade routes, push up oil prices and affect India's energy supplies, trade flows and supply chains

Oil could hit $150/bbl, $200 possible on demand destruction: WoodMac

Oil prices could rise to $150 per barrel as a massive Gulf supply disruption forces demand destruction, with $200 possible if the conflict persists, says Wood Mackenzie

Iran bets on endurance, energy disruption to outlast US, Israel

The IRGC also played the decisive role in elevating Mojtaba Khamenei as supreme leader after Ayatollah Ali Khamenei was killed in the opening US-Israeli strikes

India secures additional LPG, LNG supplies from non-Hormuz routes

Indian refiners report 10 per cent increase in LPG production since government order

Restaurants consider raising prices by 20-30% amid LPG shortage

Industry face double whammy, input costs rising amid LPG shortage

LPG, PNG supply crunch starts to squeeze output at packaged food units

Packaged food makers face production pressure as PNG and LPG supply disruptions linked to West Asia tensions force factories to cut gas usage, raising concerns over output and supplies

West Asia conflict Day 11: Iran warns of oil blockade, India secures LNG

Markets and oil prices remain volatile as the conflict intensifies; India secures additional gas supplies while Gulf nations intercept missiles and drones. Here are the top developments of the day

Reliance boosts LPG production at Jamnagar to stabilise domestic supply

Reliance Industries is taking proactive steps and in line with the government guidelines, the company said in a statement

JNPA waives charges on stuck cargo, exporters to get ₹12 crore relief

JNPA waives dwell time and reefer plugin charges for Middle East-bound export cargo stuck amid the West Asia crisis, while DG Shipping asks shipping lines to avoid opportunistic pricing

India faces LNG, LPG supply crunch after 10 days of West Asia war

Government prioritises LPG and LNG supply for domestic use as West Asia conflict disrupts shipments; India also secures alternative supplies that bypass the Strait of Hormuz

25 flights cancelled at Hyderabad Airport amid West Asia crisis

As many as 13 flights from Middle East countries to Hyderabad were cancelled on Tuesday following the ongoing conflict there, airport sources said. The sources further said 12 flights scheduled for leave to various countries in the Middle East were also cancelled. "Thirteen flights from the Middle East to Hyderabad were cancelled today. Similarly, 12 flights that should have left for the Middle East were also cancelled," sources told PTI. Social media is flooded with confused travellers seeking updates on the status of their flights. "I have a flight from Hyderabad to Kuwait and Kuwait to New York. Booking reference: AI6CP4. Can you please confirm if the flights will be running-on 13th March. In the app it's still showing confirmed," Rohit Chalumuri, a travellor posted on 'X'. Over 360 flights at Hyderabad Airport have been cancelled from February 28 till March 10, sources added.

Cyber fraudsters dupe 76,794 people of ₹712 crore in Odisha in 18 months

Cyber fraudsters duped nearly 77,000 people in Odisha of about Rs 712 crore in the last 18 months, Chief Minister Mohan Charan Majhi told the state Assembly

West Asia conflict jolts oil markets as analysts weigh future energy shock

Brent crude briefly surged to $120 a barrel amid supply disruptions in West Asia. Analysts warn that the Iran war could reshape oil price trajectories and pose fresh risks to India's energy security

GIC Re war-risk curbs over West Asia war expose cracks in marine insurance

GIC Re's decision to withdraw war-risk cover in sensitive maritime zones highlights the fragile economics of marine insurance and raises concerns for Indian refiners dependent on global oil shipments

Putin's mediation proposals on Iran conflict still stand, says Kremlin

Peskov was speaking a day after Putin spoke by phone to US President Donald Trump and, according to the Kremlin, shared proposals aimed at ending the war in Iran quickly