Page 37 - West Asia

Trump threatens more strikes on Iran's oil export hub Kharg Island

Washington has brushed aside attempts by West Asian allies to open talks

West Asia crisis: Reality check gets India on investors' realty list

UAE citizens, NRIs, family offices, regional investment groups evaluating India to broaden their allocation strategies

West Asia crisis: India's gems & jewellery exports likely to lose sparkle

GJEPC says geopolitical tensions in West Asia have already cut India's gems and jewellery exports by 20%, warning the impact could reach $1.2 billion over the next three months

Statsguru: Economic strain in the shadow of rising West Asia conflict

Periods of major wars - both global and regional - have frequently aligned with spikes in India's inflation

Stabilising the Indian economy: Why currency depreciation is a good idea

Inflation targeting plus floating exchange rate plus open capital account

Oil market set for tumultuous week on rising West Asia conflict risks

Asian nations seeking US energy to reduce reliance on West Asia

When markets fall: Should you worry or invest more amid volatility?

History shows that sharp falls are not unusual. Since 1980, the Indian stock market has corrected by more than 30 per cent on eight occasions

Market breadth sinks below Covid lows amid rising West Asia conflict

The ADR has remained below 1 in six of the past 12 months, indicating that market breadth had already been deteriorating before the latest geopolitical flare-up

Iran war: Auto earnings at risk as demand sputters, margin worries mount

Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict

West Asia crisis: Jaishankar speaks to Saudi, UAE foreign ministers

Against the backdrop of spiralling hostilities between Iran and the US, External Affairs Minister S Jaishankar spoke to his counterparts from Saudi Arabia and the United Arab Emirates (UAE) focusing on various aspects of the evolving situation in West Asia. Jaishankar held the phone conversations with UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and Saudi Foreign Minister Faisal bin Farhan Saturday night. "Discussed ongoing developments related to the conflict in West Asia," the external affairs minister said on social media on Sunday about his talks with the Saudi foreign minister. On his conversation with Zayed Al Nahyan, Jaishankar said: "Exchanged views on various aspects of the regional situation." It is learnt that India's energy security figured in Jaishankar's conversations with both foreign ministers. Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, th

LPG bookings fall to 770k; online bookings rise after govt campaign

LPG refill bookings have declined to about 77 lakh from 88.8 lakh earlier, indicating some easing of panic buying, even as the government said there is no shortage of petrol, diesel or cooking gas, and supplies remain stable despite the West Asia conflict. In a daily update on the impact of the West Asia situation, the government said the share of online LPG bookings has risen to about 87 per cent from 84 per cent, attributing the increase to a campaign by oil marketing companies promoting digital booking and discouraging people from queuing up at LPG dealerships for panic purchases. All domestic "refineries are operating at high capacity and maintaining adequate crude oil inventories," the update said. "The country remains self-sufficient in the production of petrol and diesel, requiring no imports of the fuels to meet domestic demand." Oil marketing companies have reported no dry-outs at fuel retail outlets or LPG distributorships, and petrol, diesel and LPG supplies are being ...

West Asia crisis: Indian crude tanker sails out of UAE's Fujairah safely

An Indian-flagged crude tanker sailed out safely from the UAE's Fujairah after loading oil, despite an attack on the oil terminal, as the government on Sunday said it is closely monitoring the situation in West Asia while ensuring stable fuel supplies and maritime safety. The vessel, Jag Laadki, carrying about 80,800 tonnes of Murban crude oil, departed Fujairah at 1030 hrs IST and is bound for India, with all crew members safe, the government said in an update on preparedness measures. Jag Laadki is the fourth Indian-flagged vessel to have come out of the war zone unharmed. Besides, the safe passage being an important milestone for Indian diplomacy, the cargo they are carrying is considered critical as shipping constraints in the Strait of Hormuz have impacted India's energy supplies. "On March 14, 2026, while the Indian-flag vessel Jag Laadki was loading crude oil at the Fujairah Single Point Mooring, the Fujairah oil terminal was attacked. The vessel sailed safely from Fujairah

Hindalco halts production of extruded aluminium products due to Iran war

Hindalco denied any halt to output for its extrusions business in a statement to Reuters

Coal India aims to ensure power at fair price amid West Asia crisis

State-owned Coal India Ltd aims to ensure power at a "just price" to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said. Coal India Ltd (CIL) contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation. CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country. "As a low-cost coal producer, CIL aims to ensure power at a just price to the country," the official said, adding that the country has adequate coal sufficiency to meet the anticipated spike in summer demand, with Coal India maintaining robust stockpiles at pitheads and power plants. CIL's pitheads have an inventory of 122 million tonnes (MT) of coal, while domestic coal-based plants are stocked to the tune of 53 MT, officials said. In-situ coal exposure at CIL's mines stands at around 60 MT, ready f

IRGC threatens to hunt Netanyahu as Israel denies assassination rumours

The IRCS's statement comes as viral posts question Netanyahu's whereabouts and claim his latest video was AI-generated, while his office insists the Israeli prime minister is 'fine'

Trump rejects deal with Iran on current terms as West Asia war escalates

Trump also called on other countries to send warships to keep open the waterway through which about a fifth of the world's oil exports flow

Exporters plan early shipments, explore alternate routes amid Iran war

Exporters and logistics providers are minimising disruptions caused by the ongoing West Asia crisis by closely monitoring carriers, planning shipments in advance, and exploring alternative routes. The exporting community said that businesses are also adjusting inventory, contracts, and schedules for flexibility. They added that support measures, such as sharing regular advisories, engaging with shipping lines to manage surcharges, ensuring vessel/container availability, allowing flexibility in compliance timelines, and maintaining dialogue between industry bodies and government authorities, will help the domestic industry deal with this crisis. "Things are not improving, but we are trying to manage our exports. Shipping lines should not take undue advantage of this situation," Federation of Indian Export Organisations (FIEO) President SC Ralhan said. Ongoing geopolitical tensions in West Asia, especially around the Strait of Hormuz, are creating uncertainty for India's exports, ...

UAE reports new missile attack after Iran warns 3 major ports to evacuate

The United Arab Emirates reported a new missile attack Sunday morning, a day after Iran called for the evacuation of three major UAE ports, threatening for the first time a neighbouring country's non-US assets. Tehran accused the United States of using "ports, docks and hideouts" in the UAE to launch strikes on Kharg Island, home to the main terminal handling Iran's oil exports, without providing evidence, as the war showed no signs of ending. US President Donald Trump said he hoped allies would send warships to secure the vital Strait of Hormuz. Meanwhile, Israeli strikes have deepened Lebanon's humanitarian crisis, with about 800 people killed and more than 850,000 displaced. Here is the latest: Emirati adviser slams Iran's claim that Kharg strikes were launched from the UAE ------------------------------------------------------------------------------------------- "This reflects a confused policy that missed the point, lost its direction, and lacked wisdom," Anwar Gargash, ad

CBSE cancels Class 12 board exams in Middle East countries amid ongoing war

The Central Board of Secondary Education cancels Class 12 board exams scheduled between March 16 and April 10 for students in Iran, UAE, Saudi Arabia and other Gulf nations

Two weeks into Iran war, Trump has been knocked back on his political heels

In the two weeks since the U.S. and Israel launched strikes on Iran, President Donald Trump increasingly has been knocked on his political heels. He's grown more agitated with news coverage and has failed to find a way to explain why he started the war - or how he will end it - that resonates with a public concerned by American deaths in the conflict, surging oil prices and dropping financial markets. Even some of his supporters are questioning his plan and his overall poll numbers are declining. Meanwhile, Moscow is getting a boost from the war's early days after Trump eased sanctions on some Russian oil shipments. That, combined with rising oil prices, undercut the yearslong push to crimp President Vladimir Putin's ability to wage war in Ukraine. Then there are Democrats, who were left reeling after Trump won the 2024 election. With control of Congress at stake in November's midterms, the party has come together to oppose Trump's Iran policy and point to the economic turmoil as ..