Page 26 - West Asia

How West Asia conflict impacted Indian airlines' international business

Even as Iran and the US have agreed to a ceasefire for the next two weeks, the West Asia conflict’s huge impact on India’s air carriers is evident

Crude oil outlook for FY27: What is RBI signalling? | RBI MPC Outcome | Oil prices | West Asia war

The Reserve Bank of India (RBI) has raised its crude oil price assumption to $85 per barrel for FY27. This is higher than the earlier assumption of USD 70 per barrel in H2FY26.

Ships with Iran oil anchor off India as Donald Trump announces blockade

The US had allowed the temporary sale of Iranian oil and petrochemical products already loaded on tankers in late March, as it sought to put a lid on rising oil prices due to the West Asia war

US-Iran war: How West Asia war is reaching India’s farms | Trump | Strait of Hormuz | Crude oil

The war in West Asia is impacting decisions in India’s heartland. From fertiliser shortages to rising input costs and panic buying, farmers in Punjab and Haryana are feeling the pressure.

InterGlobe Aviation shares tank 6% as oil prices rise above $100/bbl

Crude oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors

From Berlin Blockade to Strait of Hormuz: A history of wartime blockades

As the US plans a blockade of the Strait of Hormuz after failed Iran talks, here's a look at how wartime blockades -- from world wars to today -- have disrupted trade and daily life globally

West Asia war: US blockade of Iran ports begins today as tensions rise

US Central Command said a blockade of Iranian ports will begin Monday at 10 am ET (7:30 pm IST); ships between non-Iranian ports can still pass Hormuz. Here are the top updates at 9 am IST

Trump considering fresh military strikes on Iran after peace talks fail

After 21-hour talks fail, Trump weighs strikes, Hormuz blockade and naval action as Iran's refusal to abandon its nuclear programme stalls negotiations

RBI DG T Rabi Sankar criticises banks' arbitrage trades as rupee weakens

Since the RBI first clamped down to support the battered rupee, which had hit record lows and was staring at the 100 per dollar mark, the local currency has gained around 2%

21 hours in Pakistan: How Vance tried and failed to end a war he opposed

JD Vance leaves Pakistan without a deal as US-Iran talks collapse, deepening uncertainty over ceasefire and escalating tensions in the Strait of Hormuz

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

Iran war prompted India to change crude formula to fix 3-year inaccuracy

Old formula did not represent the price paid by Indian refiners

West Asia war: OMCs face renewed pressure as US-Iran peace talks collapse

Indian vessel carrying nearly 20,400 tonnes of LPG crossed Hormuz on April 11

What next after JD Vance leaves Islamabad without a peace deal with Iran?

The lack of a breakthrough after 21 hours of negotiations leaves the Trump administration facing several unpalatable options

The question of energy in times of West Asia war and global disruption

War-driven oil disruptions are reshaping global energy markets, accelerating the shift to renewables while exposing deep vulnerabilities in energy security worldwide

Consumer durables' Q4 results may show impact of war, March rainfall

Rising input costs and unseasonal March rains hurt consumer durables demand in Q4FY26, with margin pressures expected to persist despite modest growth outlook

Oil markets scramble for supplies as West Asia shortfall drives prices

Traders said the panicky moves across the world's key physical oil markets demonstrated the scale of the shortfall that's due to be felt as loss of supplies from the West Asia leaves a growing gap

India boosts 5-kg LPG supply, accelerates PNG rollout amid West Asia crisis

India has ramped up supply of smaller 5-kg LPG cylinders and accelerated the rollout of piped natural gas (PNG) connections as it manages fuel availability amid disruptions triggered by the West Asia conflict. More than 13 lakh 5-kg free trade LPG cylinders have been sold since March 23, with daily sales rising above 100,000 units, as authorities expand access for migrant workers and low-income consumers, according to an official statement. At the same time, over 424,000 new PNG connections have been activated since March, with more than 30,000 consumers surrendering LPG connections as part of the transition. The six-week long war in West Asia has disrupted global energy supply. India relied on import of half of its crude oil, 40 per cent of its gas and 85-90 per cent of LPG from the region was also impacted. While it has managed to make up for the shortfall in crude oil by sourcing from other regions, LPG supplies have been impacted. The government has prioritised LPG supply to .

West Asia crisis: Ludhiana handtool export units face labour, gas shortages

The West Asia crisis is affecting export-oriented manufacturing units here, with handtool companies facing challenges such as labour shortages, rising input costs and inadequate gas supply, impacting production and potentially weighing on the country's exports. The other difficulties they are facing include high interest rates, container availability, increase in shipping and air freights and high insurance cost. The units are however hopeful that the ceasefire announced between the US and Iran for 15 days will lead to an end to the conflict, helping ease these challenges. The joint attack launched by the US and Israel on Iran on February 28 severely disrupted the country's exports to West Asia, pushed up shipping freight, air transport prices and insurance costs. Disruptions in the movement of oil and gas from Middle East countries have also led to an increase in the prices of raw materials such as steel, plastic and rubber. "Units in Punjab are facing a labour shortage. Workers