Market volatility rose after Iran attacked several energy facilities across West Asia following a strike on its South Pars gas field, a major escalation in Tehran's war with the US and Israel
Iran strikes energy sites, including a key LNG hub in Qatar, as tensions rise across West Asia; oil prices climb past $111. Here are the top updates at 9 am (IST)
Amid West Asia tensions, 2.6 lakh Indians have returned since February 28 as flights stabilise and the government ramps up evacuation and support efforts
Iran's military retaliation, along with the political defiance of its new leaders, evokes a decades-old pattern of unrealised goals for American interventions in the region
US West Texas Intermediate crude traded at as much as a $12.05 a barrel discount to Brent during the session on Wednesday, its largest since March 2015
At least 8 oil tankers, including 7 with Russian crude, diverted mid-voyage from China to India
India deploys warships near the Strait of Hormuz to secure fuel shipments and protect vessels amid escalating tensions and disruptions in West Asian energy routes
Approval of nano NPK products aims to cut reliance on conventional fertilisers and ease supply pressures amid gas shortages linked to West Asia conflict
The 52 MMSCMD LNG requirement is based on the average natural gas consumption by urea making units in the last six months (September 2025-February 2026)
Sensex and Nifty extend gains for a third session on easing crude volatility and bargain buying, though geopolitical tensions and inflation risks continue to cap upside
US stocks are sinking Wednesday after another climb for oil prices raised worries about inflation, which may have been primed to worsen even before the war with Iran began. The S&P 500 fell 0.5 per cent and was on track for its first loss this week. The Dow Jones Industrial Average was down 377 points, or 0.8 per cent, as of 11 am. Eastern time, and the Nasdaq composite was 0.5 per cent lower. Stocks fell under the pressure of a 6.2 per cent climb for the price of a barrel of Brent crude, the international standard, to USD 109.84. Benchmark US oil rose 2.3 per cent to USD 97.70 per barrel. Oil and natural gas prices have been spiking since the war began because of disruptions to the Persian Gulf's energy industry. Iran's state television said Wednesday that the Islamic Republic would be attacking oil and gas infrastructure in Qatar, Saudi Arabia and the United Arab Emirates after an attack on facilities associated with its offshore South Pars natural gas field. If the disruptions .
The ongoing war in West Asia has disrupted LPG supplies to India. Restaurants are limiting operations and customers are panic buying cylinders.
India's 1.67 million tonnes of crude oil, 3.2 lakh tonnes of LPG and about 2 lakh tonnes of LNG are stuck on the 22 Indian-flagged ships stranded in the Persian Gulf, waiting to transit through the Strait of Hormuz, Rajesh Kumar Sinha, Special Secretary in the Shipping Ministry, said Wednesday. Originally, there were 28 Indian-flagged vessels in the Strait of Hormuz when the war in the Middle East broke out following US-Israel attacks on Iran. Of these, 24 were on the west side of the strait and four on the east side. In the last week, two vessels from each side have managed to sail to safety. "All 611 seafarers on 22 vessels (on the west side of the Strait) are safe," he told a news briefing. There are now 3 vessels on the east side after one more Indian-flagged ship joined them. Of the 22 remaining Indian-flagged vessels on the west side of the Strait of Hormuz, six are LPG carriers, one is a liquefied natural gas (LNG) tanker, four are crude oil tankers, one is transporting ...
Japanese Prime Minister Sanae Takaichi is travelling Wednesday to the United States for what she expects to be a "very difficult" meeting with US President Donald Trump after he called on Japan and other allies to send warships to secure the Strait of Hormuz. The three-day visit to Washington was originally expected to focus on trade and strengthening the US-Japanese alliance as China's influence grows in Asia. It is now expected to be overshadowed by the war the United States and Israel launched against Iran on February 28. "I think the US visit will be a very difficult one, but I will do everything to maximise our national interest and to protect the daily lives of the people when the situation changes daily," Takaichi told parliament on Wednesday, hours before her departure. Takaichi held her first meeting with Trump in October in Tokyo, days after becoming Japan's first female prime minister. A hard-line conservative, Takaichi is a protege of former leader Shinzo Abe, who ...
Modi discusses West Asia situation with Kuwait Crown Prince and UAE President, emphasising maritime security and diplomatic engagement for regional stability
As the US–Israel war with Iran intensifies, Tehran has laid down three clear conditions for a ceasefire: recognition of its rights, payment of reparations, and guarantees against future attacks.
As the war in West Asia escalates, Indian markets are feeling the heat. From oil companies to banks and infrastructure giants, several stocks have taken a sharp hit. Here’s what’s driving the fall
Rising tensions in West Asia are triggering fears of LPG supply disruptions in India. As concerns grow over the Strait of Hormuz shipping route, many households are buying induction
Galleries rethink Art Dubai participation amid uncertainty, while strong domestic demand cushions impact
Union Petroleum and Natural Gas Minister Hardeep Singh Puri told Parliament on Thursday that India is not facing any shortage of crude oil or LPG, even as tensions in West Asia