National
India has defended its latest fuel tax cut, with Petroleum Minister Hardeep Singh Puri saying the Centre chose to protect consumers from the global energy shock instead of passing the full burden on through higher petrol and diesel prices. The decision comes amid rising international fuel prices linked to the West Asia conflict and disruption […]
National
India has cut special additional excise duties on petrol and diesel as the government moves to cushion fuel markets from the shock caused by the Iran war and the disruption around the Strait of Hormuz. The decision comes as oil and gas supplies remain under pressure and concerns over import costs continue to grow. India […]
International
US President Donald Trump has said he is extending his deadline for Iran to reopen the Strait of Hormuz until April 6, stepping back for now from an earlier threat to target Iran’s energy infrastructure. He said talks aimed at ending the war were “going very well,” signalling a temporary diplomatic pause in what had […]
International
France has held discussions with 35 countries on plans to reopen the Strait of Hormuz once hostilities in West Asia come to an end, as concerns continue to grow over the disruption of one of the world’s most important shipping routes. France Leads Talks On Hormuz Reopening France’s armed forces chief held a videoconference with […]
International
The World Bank has said it is moving quickly to support countries facing economic disruption caused by the conflict in West Asia, as rising energy costs, trade disruption and pressure on public finances begin to affect economies across the region and beyond. World Bank Support For Affected Countries The institution said it would use its […]
International
Pakistan has emerged as a behind-the-scenes player in the diplomacy around the Iran war, with reports saying Islamabad urged the United States to press Israel not to target two of Iran’s top officials, Foreign Minister Abbas Araghchi and Parliament Speaker Mohammad Baqer Qalibaf. According to the report, Israel paused plans to strike them because their […]
International
Israel has said it killed Alireza Tangsiri, the commander of Iran’s Islamic Revolutionary Guard Corps Navy, in a strike in Bandar Abbas, marking one of the most significant blows yet to Tehran’s naval command structure during the ongoing war. Tangsiri had been seen as a key figure in Iran’s maritime strategy, especially around the Strait […]
International
US President Donald Trump said the mysterious “present” he had earlier mentioned receiving from Iran was in fact “10 big boats of oil” that were allowed to pass through the Strait of Hormuz. The remark came amid the continuing Iran war, where control of Hormuz has become one of the biggest strategic and economic flashpoints. […]