pm modi
National

India Seeks US Waiver On Russian Oil

By BPN News Desk
India has reportedly asked the United States to extend a waiver allowing continued Russian oil imports, as the Iran war and disruptions in the Persian Gulf put pressure on global energy supplies and fuel prices. India Russian Oil Waiver Request The request comes as India tries to secure stable crude oil supplies amid uncertainty in […]
pm modi
National

PM Modi Appeal May Hit Travel Industry

By BPN News Desk
India’s travel industry is bracing for pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, with operators warning that overseas holiday bookings could weaken during the peak summer season. Modi Foreign Travel Appeal Hits Bookings The appeal comes at a sensitive time for India’s outbound travel market, as April to June […]
Uday Kotak
Economy National

Uday Kotak Warns India On Iran War Shock

By BPN News Desk
Veteran banker Uday Kotak has warned that India must prepare for a possible economic shock from the ongoing US-Iran conflict, saying the impact of higher oil prices and global instability may soon become more visible. Uday Kotak Warns India Inc Speaking at the CII Annual Business Summit 2026, Kotak said the direct impact of the […]
india oil
International

Trump Keeps Russian Oil Waiver Option Open

By BPN News Desk
US President Donald Trump has indicated that Washington may keep all options open on a temporary Russian oil sanctions waiver as the Iran conflict continues to disrupt global energy supplies and push crude prices higher. Trump On Russian Oil Waiver Trump said the United States would do “whatever is necessary” when asked whether his administration […]
Mojtaba Khamenei
International

Iran Warns US Against Fresh Strikes

By BPN News Desk
Iran has warned that it could accelerate its nuclear programme if the United States launches fresh military strikes, as the fragile US-Iran ceasefire faces renewed pressure and global oil markets react to rising uncertainty. Iran Warns US Over Fresh Military Action Tehran issued the warning amid growing concern that the ceasefire between Iran and the […]
india oil
International

Oil Slick Seen Near Iran’s Kharg Island

By BPN News Desk
Satellite images have revealed a large suspected oil slick near Iran’s Kharg Island, the country’s main crude export hub, amid rising tensions in the Persian Gulf and around the Strait of Hormuz. The cause of the spill is not yet clear, but the development has raised concerns over oil infrastructure safety, shipping risks and possible […]
iran foreign minister
International

Iran Warns US Over Hormuz Escalation

By BPN News Desk
Iran has warned the United States that the crisis around the Strait of Hormuz is far from over, after Washington launched a military-backed operation to help stranded commercial vessels move through the key Gulf waterway. Iran Warning On Strait Of Hormuz Iranian parliament speaker Mohammad Bagher Ghalibaf said a “new equation” around the Strait of […]
petrol
National

Government Rules Out Bailout For Oil Firms

By BPN News Desk
The government has ruled out financial support for state-run oil marketing companies despite rising losses on petrol, diesel and aviation turbine fuel. The pressure has increased after retail fuel prices remained unchanged even as crude oil costs rose sharply due to the West Asia conflict. Govt Rules Out Oil Firm Bailout The Centre has said […]
markets
International

European Markets Slip Amid Iran Tensions

By BPN News Desk
European markets traded slightly lower on Monday as investors tracked fresh tensions around the Strait of Hormuz, rising oil prices and renewed pressure on automobile stocks after fresh US tariff threats. European Markets Fall On Tariff Concerns The pan-European STOXX 600 slipped in early trade as automobile shares came under pressure. German carmakers were among […]
jinping china
International

China Blocks US Sanctions On Refiners

By BPN News Desk
  China’s Commerce Ministry has issued an injunction against US sanctions imposed on five Chinese refiners accused of purchasing Iranian oil, escalating the trade and energy dispute between Beijing and Washington. China Blocks US Refinery Sanctions Beijing said the American sanctions violated international law and basic norms of international relations. The Chinese