International
Iran’s Supreme Leader Mojtaba Khamenei has said the closure of the Strait of Hormuz should be used as leverage in the ongoing war, marking his first public statement since taking over the country’s top post. The message, read on state television rather than delivered on camera, also signalled that Iran intends to continue military pressure […]
Business
Shell has declared force majeure on LNG contracts linked to supplies from Qatar after disruption at QatarEnergy’s major export facility forced a halt in production, adding fresh pressure to global gas markets already strained by the wider Gulf crisis. The move means Shell can temporarily suspend contractual delivery obligations to some buyers because of circumstances […]
Economy National
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
National Politics
Arvind Kejriwal has blamed Prime Minister Narendra Modi’s foreign policy for the LPG shortage and supply disruption being reported in parts of India amid the wider West Asia conflict. The AAP chief said India’s energy vulnerability had deepened because of its heavy dependence on supplies moving through the Strait of Hormuz, while the Centre has […]
International
Bangladesh has formally asked the United States for a temporary waiver to buy Russian oil, as rising crude prices and supply stress linked to the West Asia crisis increase pressure on its economy. The request comes as Dhaka struggles to secure stable fuel flows for transport, power generation and industry. Bangladesh Seeks US Waiver For […]
International
Israel said on Thursday that it had detected another missile launch from Iran, triggering air raid sirens in Jerusalem and other areas as its defence systems moved to intercept the incoming fire. Explosions were heard over Jerusalem during the interception attempt, adding to tensions as the conflict continued with repeated cross-border strikes. Israel Missile Alert […]
International
The United States has opened a fresh set of trade investigations covering 16 major trading partners, including India, the European Union and China, as the Trump administration looks to rebuild tariff pressure through a new legal route. The probes focus on whether industrial policies in those economies have created structural excess capacity in manufacturing sectors […]