Op-Eds Opinion
The global energy shock triggered by the Middle East conflict and disruption around the Strait of Hormuz has pushed several countries into emergency mode. Governments across regions are scrambling to manage fuel shortages and soaring prices, with curfews, rationing, and restrictions becoming the new normal. Yet in India, daily life continues without visible disruption.
International
Iran’s parliament has moved a step closer to formalising a new toll regime for ships passing through the Strait of Hormuz, as the Gulf waterway remains severely disrupted by the ongoing regional war. The proposal, approved by a parliamentary commission on Monday, would allow Iran to impose charges on transit traffic and tighten restrictions on […]
International
Iran has been accused of striking a fully loaded Kuwaiti oil tanker anchored near Dubai, in an incident that has further raised tensions around Gulf shipping routes and energy supplies. The vessel was reportedly carrying around 2 million barrels of crude when it was hit, triggering a fire response and fresh concern over the safety […]
International
New Zealand Finance Minister Nicola Willis has warned that inflation could rise far more sharply this year if the Iran war continues and causes deeper disruption to global supply chains. Her comments come as energy prices remain under pressure and policymakers assess the economic fallout of a prolonged conflict in West Asia. New Zealand Warns […]
National
Prime Minister Narendra Modi on Sunday said Gulf countries were giving priority to the safety of Indians amid the ongoing West Asia conflict, while accusing the Congress of making statements that could endanger Indian nationals living in the region. He made the remarks at a rally in Palakkad, Kerala, where he also said the Centre […]
International
US President Donald Trump has suggested that Washington could target Iran’s oil network more directly, including Kharg Island, in comments that added to already rising tensions in West Asia. The remarks came as the conflict continued to disrupt energy markets and fuel fears of a wider escalation involving strategic oil infrastructure. Trump Signals Kharg Island […]
International
Kuwait’s crude price climbed sharply to $118.93 per barrel after rising by $8.10, as the conflict involving Iran and the disruption around the Strait of Hormuz continued to drive fears of tighter global energy supplies. The jump reflects the broader pressure on oil markets as traders remain focused on the risk of prolonged instability in […]