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India imports 50 per cent of its LNG stocks from the international market. New Delhi: Union Petroleum and Natural Gas Minister Hardeep Singh Puri is on a two-day visit to Qatar today and tomorrow amid concerns over energy supplies triggered by the Iran war. Why his visit matters India imports 50 per cent of its LNG stocks from the international market, oil economist Kirit Parikh said. Out of this, 40 per cent stocks are sourced from Qatar. However, much of India's imports have been severely ...Read More >
New Delhi, Apr 9 (PTI) Oil Minister Hardeep Singh Puri will undertake a two-day visit to Qatar, India's largest supplier of liquefied natural gas and cooking gas LPG, which had halted supplies following the outbreak of the conflict in the Middle East. The visit on April 9-10 follows a tentative US-Iran ceasefire that has rekindled hopes of resumption of energy supplies from the region. "Union Minister for Petroleum & Natural Gas, Shri Hardeep S Puri, will be on an official visit to the State o ...Read More >
India's energy outlook improves as a ceasefire between Iran and the US brings down crude oil prices. The critical Strait of Hormuz is reopening, easing concerns over energy imports. India had faced supply disruptions for LPG and natural gas. Efforts are underway to free stranded Indian vessels. New Delhi, India's energy outlook brightened on Wednesday after a fragile ceasefire between Iran and the US triggered a sharp drop in crude prices and reopened hopes of supply normalization through the w ...Read More >
NEW DELHI, April 8: The Congress on Wednesday criticized Prime Minister Narendra Modi over India's absence from the US-Iran ceasefire, describing Pakistan's role in brokering the deal as a "severe setback" to Modi's "highly personalised diplomacy." The opposition questioned why India, despite Modi's claims of strong ties with the US, Israel, Iran, and Gulf nations, as well as holding the BRICS+ presidency, was not involved in the negotiations. Congress general secretary Jairam Ramesh highlighte ...Read More >
Srinagar, Apr 8: National Conference president and former Chief Minister, Dr Farooq Abdullah, today welcomed the ceasefire between the United States and Iran, saying that war is not a solution and warned that a prolonged conflict could have pushed the world towards a deeper global crisis. Click here to watch video Speaking to reporters here, the National Conference chief said dialogue remained the only viable path to peace, "war is not the solution to anything". "I would like to thank God tha ...Read More >
MUMBAI: Amid a fragile truce in West Asia, Reserve Bank of India Governor Sanjay Malhotra has said the central bank does not expect any immediate disruption to remittance flows due to the Iran war, and indicated that post-war reconstruction demand could, in fact, support inflows. "We are not anticipating a dent to remittances if the crisis is going to be resolved very soon," Malhotra said when asked about the potential impact of the conflict. West Asia, led by the six GCC countries, remains the ...Read More >
New Delhi, Apr 8 (PTI) Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US-Israel and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and asked what happened to "papa ne war rukwa di". The opposition party also asked why Modi, who claims very special friendship with the US, Israel, Iran, and the Gulf countries and who also holds the BRICS plus presidency this year ...Read More >
New Delhi: Iran's Supreme Leader's representative in India, Abdul Majid Hakeem Ilahi, on Wednesday claimed that the United States was compelled to announce a ceasefire with Iran after failing to sustain the conflict, and asserting that continued hostilities would have led to further setbacks for Washington. In an exclusive interaction with IANS, Ilahi said that the US decision to halt the war was not voluntary but driven by its inability to continue fighting. "The US was forced to announce a c ...Read More >
NEW DELHI: Pakistan International Airlines (PIA) has scrapped most passenger discounts and cut flight frequencies as rise in jet fuel prices squeezed the air carrier's finances, a new report has said. Pakistan-based Dawn cited a PIA spokesperson as saying that concessions are currently limited to children and infants, and all other fare discounts withdrawn. The move followed a high-level review of rising fuel costs and potential losses after Jet fuel (JP‑1) prices jumped significantly over fou ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Shiv Sena (UBT) MP Sanjay Raut on Wednesday said Prime Minister Narendra Modi was busy dropping "verbal bombs" at political opponents in poll-bound states while Pakistan played a role in the ceasefire between the United States, Israel and Iran. Addressing a press conference in Mumbai, Raut demanded that PM Modi and External Affairs Minister S Jaishankar resign from their respective positions. Raising concern over the credit of the ceasefire being at ...Read More >
Thiruvananthapuram, April 7 (SocialNews.XYZ) Senior Congress leader Shashi Tharoor expressed strong confidence in the United Democratic Front's (UDF) prospects in the Kerala elections, projecting a clear victory for the alliance while downplaying the Bharatiya Janata Party's (BJP) impact in the state. In an extensive interaction with IANS, he also shared his views on Prime Minister Narendra Modi's campaign, governance issues, key national policy debates, and India's diplomatic approach to globa ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of External Affairs (MEA) on Tuesday said it has facilitated the movement of thousands of Indian nationals from West Asia, amid the ongoing conflict. Addressing an inter-ministerial press briefing, Additional Secretary (Gulf) Aseem R Mahajan said, " Our embassy in Tehran has so far facilitated the movement of 1862 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 935 Indian students and 472 Indian fisher ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of External Affairs (MEA) on Tuesday said it has facilitated the movement of thousands of Indian nationals from West Asia, amid the ongoing conflict. Addressing an inter-ministerial press briefing, Additional Secretary (Gulf) Aseem R Mahajan said, " Our embassy in Tehran has so far facilitated the movement of 1862 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 935 Indian students and 472 Indian fisher ...Read More >
India's ongoing Liquefied Petroleum Gas (LPG) crisis has exposed the vulnerability of the country's cooking fuel supply chain, prompting renewed calls for diversification and a stronger push toward domestic alternatives such as ethanol. The disruption stems largely from geopolitical tensions in West Asia, particularly the conflict involving Iran, which has slowed shipments passing through the strategically vital Strait of Hormuz. The narrow maritime corridor handles a major share of India's LPG ...Read More >
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Dhaka: Barely a month and a half after Tarique Rahman's Bangladesh Nationalist Party (BNP) assumed office, the world is witnessing turbulence over the Iran war. Bangladesh, like many other countries, is also facing problems in getting enough fuel because of the unrest. It is putting pressure on the new government. To address these challenges, Prime Minister's Foreign Affairs Advisor Humayun Kabir recently toured Middle Eastern countries with an aim to strengthen Bangladesh's ties in the region ...Read More >
Nearly 1,800 Indian nationals have left Iran via Armenia and Azerbaijan since the start of the West Asia conflict, while two Indian-flagged carriers laden with 62,000 metric tonnes of LPG are expected to reach Indian ports this week after safely transiting the Strait of Hormuz, officials said on Monday. Indian nationals wishing to leave Iran have had to make their way to Armenia and Azerbaijan via land border crossings as Iranian airspace has been closed since the start of hostilities on Februa ...Read More >
NEW DELHI: Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of over $100 per barrel, the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia, together known as OPEC+, agreed to increase production in May. Mint looks at how the proposed rise in output might impact global prices. With the blockade of the Strait of Hormuz, about 20% of global energy supplies from Gulf countri ...Read More >
Flight operations from the Gulf to India are improving, with 90 special flights from the UAE expected. The government continues evacuation and support efforts for Indians across West Asia, ensuring safe travel amid ongoing regional disruptions New Delhi: The flight situation from the Gulf region to India continues to improve with 90 non-scheduled flights expected to arrive from the UAE on Sunday, according to an official statement. Flights are also operating from multiple airports in Saudi Ara ...Read More >
Mumbai, Apr 6 (PTI) The Maharashtra government on Monday said there is no shortage of petroleum products in the state amid the West Asia crisis and asked people to avoid panic buying. The state had faced challenges in LPG supply due to dependence on imports from Gulf countries, but the situation is now improving with calibrated policy measures by the Union government, Additional Chief Secretary (Food and Civil Supplies) Anil Diggikar asserted. Addressing a joint press briefing, he said, "Petro ...Read More >
New Delhi: Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways at a news br ...Read More >
New Delhi, Apr 6 (PTI) Natural gas supplies to fertilizer plants have been raised to about 90 per cent of their requirement after oil companies procured liquefied natural gas (LNG) from spot market as part of a broader set of measures to manage fuel availability amid disruptions linked to the Strait of Hormuz situation, officials said. With the war in West Asia disrupting energy flows from the Gulf nations, the government initially restricted gas supply to fertiliser (urea) plants to about 60 p ...Read More >
New Delhi, April 6: The government on Monday said that 16 Indian-flagged vessels with 433 Indian seafarers remain in the western Persian Gulf region, as in the past two days, two LPG vessels, Green Sanvi and Green Asha, safely crossed the Strait of Hormuz. The Directorate General of Shipping (DG Shipping) continues close monitoring in coordination with ship owners, RPSL agencies and Indian Missions, according to an official statement after the inter-ministerial briefing on West Asia. "DG Shippi ...Read More >
New Delhi, Apr 6 (PTI) Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways ...Read More >
This effort included students and fishermen. The Indian Embassy in Tehran played a key role. Eight Indians have died in the conflict, with one still missing. The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an ...Read More >
New Delhi, April 6: The government on Monday said that 16 Indian-flagged vessels with 433 Indian seafarers remain in the western Persian Gulf region, as in the past two days, two LPG vessels, Green Sanvi and Green Asha, safely crossed the Strait of Hormuz. The Directorate General of Shipping (DG Shipping) continues close monitoring in coordination with ship owners, RPSL agencies and Indian Missions, according to an official statement after the inter-ministerial briefing on West Asia. "DG Shippi ...Read More >
New Delhi [India], April 6 (ANI): External Affairs Ministry (EAM) Additional Secretary (Gulf) Aseem R Mahajan on Monday said that India is closely monitoring the evolving situation in the Gulf and West Asia region, stressing that the safety and welfare of Indian nationals remains the top priority. Addressing an inter-ministerial briefing here, Mahajan said, "The Ministry of External Affairs continues to closely monitor the evolving situation in the Gulf and the West Asia region. Ensuring the sa ...Read More >
New Delhi [India], April 6 (ANI): The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal stated that the Indian Emb ...Read More >
New Delhi [India], April 6 (ANI): External Affairs Ministry (EAM) Additional Secretary (Gulf) Aseem R Mahajan on Monday said that India is closely monitoring the evolving situation in the Gulf and West Asia region, stressing that the safety and welfare of Indian nationals remains the top priority. Addressing an inter-ministerial briefing here, Mahajan said, "The Ministry of External Affairs continues to closely monitor the evolving situation in the Gulf and the West Asia region. Ensuring the sa ...Read More >
New Delhi [India], April 6 (ANI): The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal stated that the Indian Emb ...Read More >
New Delhi [India], April 6 (ANI): The Ministry of External Affairs (MEA) on Monday said that India has facilitated the return of 1,777 Indian nationals from Iran amid the ongoing conflict in West Asia, which is currently in its second month. It noted that the facilitation was made possible by support from the authorities of Iran, Armenia and Azerbaijan. Speaking during an inter-ministerial briefing on recent developments in the region, MEA spokesperson Randhir Jaiswal stated that the Indian Emb ...Read More >
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