US President Donald Trump will travel to China on May 14 and 15 for a rescheduled summit with his Chinese counterpart Xi Jinping, the White House announced on Wednesday. Trump, who was earlier scheduled to travel to Beijing by the end of this month, postponed his trip due to the war in Iran. Announcing Trump's "long-awaited" trip to China, White House Press Secretary Karoline Leavitt said the US president and First Lady Melania will also host President Xi and his wife, Peng Liyuan, for a reciprocal visit to Washington DC at a later date this year. Responding to a question if the two leaders spoke about the conclusion of the war as a precondition to reschedule this meeting, she answered there was no discussion about the rescheduling of the meeting between the president and Xi. "President Xi understood that it's very important for the president to be here throughout the region right now. He understood, obviously, the request to postpone and accept it, which is why we have a meeting,"
Union minister flags energy security risks amid West Asia tensions; project expected to boost reserves and add over seven days of crude cover
Sources in the know said that the officials did a stock taking of the prevailing situation and will now regularly meet to further devise strategies and other response to the crisis
Indian equities advance for a second session as oil prices soften, but geopolitical uncertainty and supply disruptions continue to limit upside
Ministry advises automakers to cut oil-based fuel use, optimise production and explore alternatives amid supply constraints triggered by West Asia conflict
Parliamentary panel recommends insurance support, working capital relief and a long-term maritime resilience framework amid rising costs and supply disruptions
Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions
Prolonged conflict in West Asia could disrupt fertiliser supply chains and impact global planting cycles, raising risks of a food crisis, says Brazil Potash CEO Matt Simpson
As the West Asia war enters its fourth week, the US has proposed a 15-point ceasefire framework to Iran. The plan focuses on dismantling Tehran’s nuclear and missile capabilities
In the past two trading sessions, the Sensex has surged more than 2,500 points, or nearly 3.5 per cent on a closing basis. Similarly, the Nifty 50 index has added nearly 800 points, or 3.5 per cent
US President Donald Trump said that the US has won the war, adding that Iran's navy and air force have been completely decimated.
The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel. As India grapples with an LPG shortage due to the war in West Asia disrupting supplies from key sources, the government is pushing households and commercial users to switch to piped natural gas (PNG) -- a more convenient alternative that is both domestically produced and sourced through diversified supply. PNG is continuously supplied to kitchen burners through pipelines, eliminating the need to book refills. The Ministry of Petroleum and Natural Gas has notified the Natural Gas and Petroleum Products Distribution (Through Laying, Building, Operation and Expansion of Pipelines and Other Facilities) Order, 2026, aimed at accelerating pipeline infrastructure, easing approvals and promoting a shift from LPG to
Iran has responded to Trump proposed 15-point ceasefire plan with sweeping demands including US bases closure in the Gulf and sanctions relief
Pakistan Prime Minister Shehbaz Sharif on Wednesday briefed Saudi Crown Prince Mohammad bin Salman about Islamabad's diplomatic efforts to de-escalate the tenuous West Asia situation. The prime minister said in a statement on X that he spoke with the crown prince and discussed the regional situation in addition to exchanging traditional Eid greetings. The call comes a day after Sharif offered to host talks between the US and Iran for a comprehensive settlement of the ongoing conflict. Sharif said that during the call, he appreciated the Kingdom's restraint and, "I stressed the urgent need for de-escalation, an end to hostilities, and unity in the ranks of the Ummah". "I also briefed His Royal Highness on Pakistan's diplomatic outreach efforts for regional peace and stability. We agreed to remain in close coordination," he said. Sharif also reiterated Pakistan's strong condemnation of the recent attacks on the Kingdom and reaffirmed Islamabad's unwavering solidarity and unequivocal
India is staring at a widening LPG supply gap as disruptions in the Strait of Hormuz hit imports. While alternative routes and US cargoes offer some relief, shortages could worsen in April.
Gold April futures on the MCX traded higher by 3.78 per cent at ₹1,44,370 per 10 gm, while silver May futures gained 5.54 per cent to ₹2,36,338 per kg
Oil prices fell more than 5 per cent and Asian shares gained on Wednesday over possibilities of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo's Nikkei 225 was up 2.8 per cent to 53,721.30 in early trading. South Korea's Kospi gained 3.1 per cent to 5,728.22. Hong Kong's Hang Seng rose 1.2 per cent to 25,374.95, while the Shanghai Composite index was 0.9 per cent higher at 3,914.09. Australia's S&P/ASX 200 climbed 2.2 per cent. Taiwan's Taiex was up 3 per cent. The administration of US President Donald Trump is said to have offered a 15-point ceasefire plan to Iran. Trump's claims of progress being made from talks with Iran this week and his postponement on Monday of a deadline to "obliterate" Iran's power plants over the reopening of the Strait of Hormuz have also fuelled optimism that an end to the Iran war could come soon. With the Strait of Hormuz being a key waterway for crude oil and liquefied natural gas transport, oil and gas ..
Top exporters China and Russia are curbing some crop nutrient sales, while the US is loosening shipping restrictions . India, the largest urea buyer, is scrambling for supply
The US has proposed a 15-point ceasefire plan to Iran, addressing nuclear and missile programmes and Strait of Hormuz access, even as the ongoing war continues into the fourth week
Trump said, We're in negotiations right now. I can tell you, they'd like to make a deal. Look, their navy's gone, their air force is gone, their communications are gone