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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: Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 percent, at $96.71 a barrel at 06:25 a.m. Saudi time, while US West Texas Intermediate crude rose $2.60, or 2.75 percent, to $97.01 a barrel. However, analysts said market participants are hesitant to fully unwind pricing for geopolitical risk, and there is no clar ...Read More >

New Delhi, April 9 (SocialNews.XYZ) Global crude oil prices surged sharply on Thursday amid fears that supply from West Asia may not fully resume, as doubts persist over whether the two-week ceasefire between the US and Iran will hold, with the crucial Strait of Hormuz reportedly remaining restricted. Brent crude futures jumped as much as 3.31 per cent to $97.89 per barrel at 9:06 am. The US West Texas Intermediate (WTI) crude traded at $98.38, up 4.2 per cent from the previous close. Crude oi ...Read More >
NEW DELHI, April 9 : Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 per cent, at $96.71 a barrel at 0325 GMT, while U.S. West Texas Intermediate (WTI) crude rose $2.60, or 2.75 per cent, to $97.01 a barrel. Both benchmark prices fell below $100 per barrel in the previous trading session, with WTI recording its biggest dec ...Read More >

BENGALURU -- Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on a permanent end to the war. Spot gold was up 1.7% at US$4,783.78 per ounce, as of 1123 GMT. Earlier in the session, bullion rose more than 3% to its highest level since March 19. US gold futures for June delivery gained 2.7% to $4,812.60. The United States and Iran have agreed to a two-week ceasefire, subject ...Read More >

An Iran-bound crude shipment that was initially headed for India changed course mid-voyage and began moving towards China, sparking speculation that payment issues or sanctions-related hurdles may have forced the diversion. Now, the ministry of petroleum and natural gas stepped in to clarify that there are no payment problems calling such claims "factually incorrect." The reports of a possible fallout came after ship-tracking firm Kpler said that the Aframax tanker Ping Shun -- which had initia ...Read More >

India is set to receive its first Iranian crude oil shipment in seven years after temporary US sanctions relief, a report has claimed. India is poised to receive its first shipment of crude oil from Iran in seven years after the United States temporarily lifted sanctions on Iranian oil and refined products to address supply shortages, according to a Reuters report citing ship tracking data from LSEG and Kpler. State-run Indian Oil Corp (IOC), the country's largest refiner, has purchased the ca ...Read More >

New Delhi: The United States and Iran have agreed to a two-week ceasefire, a breakthrough that officials suggest was quietly directed by Beijing's growing diplomatic guidance. While Pakistan has emerged as the primary mediator for the upcoming negotiations in Islamabad, according to US President Donald Trump, it was Beijing that helped get Tehran to the negotiating table. The proposal, which emphasises an immediate cessation of hostilities, the reopening of the Strait of Hormuz, and a long-ter ...Read More >
JAISALMER: In a major breakthrough against narcotics trafficking, Barmer Police in Rajasthan, with the support of ATS Rajasthan and ATS Gujarat, has busted an international drug smuggling network operating on a "location-based model." For the first time, nearly 5 kilograms of crystal methamphetamine smuggled across the international border adjoining Barmer has been seized, and two accused have been arrested.The arrested accused were transporting the consignment to Gujarat for further supply. The ...Read More >

New Delhi: As the West Asia crisis reaches a critical flashpoint following Washington's ultimatum to Tehran, India on Tuesday advised its nationals in Iran to stay wherever they are for the next 48 hours. In an urgent advisory, the Indian embassy in Iran urged Indians to remain indoors and strictly avoid military installations, power infrastructure and the upper floors of multi-story buildings. US President Donald Trump warned that a "whole civilisation will die tonight" if Iran does not meet h ...Read More >

Imphal: Manipur Chief Minister Y Khemchand Singh on Tuesday chaired a high-level meeting to review the law and order situation in the state, after two children were killed in a bomb attack in Bishnupur district. Singh said his government is committed to restoring peace and stability at the earliest. "Chaired a high-level meeting with Hon'ble MLAs today at the secretariat to review the prevailing situation and deliberate on necessary measures to de-escalate tensions," he said in a post on X."Wh ...Read More >

Imphal, Apr 7 (PTI) Manipur Chief Minister Y Khemchand Singh on Tuesday chaired a high-level meeting to review the law and order situation in the state, after two children were killed in a bomb attack in Bishnupur district. Singh said his government is committed to restoring peace and stability at the earliest. "Chaired a high-level meeting with Hon'ble MLAs today at the secretariat to review the prevailing situation and deliberate on necessary measures to de-escalate tensions," he said in a p ...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 >

A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, the data showed. The U.S.-Israeli war against Iran has all but halted shipping through the strait, but Iran says "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities. Green Asha and Green Sanvi have crossed the Gulf area and are in the eastern Strait of Hormuz, the data showed, taking the total number of Indian-flagged LPG carriers that have traversed the Strait to eight. India is g ...Read More >

New Delhi: The India flagged vessel Green Asha has successfully transited the Strait of Hormuz, official sources told ANI on Monday. This marks the eighth India-flagged vessel carrying LPG to transit the Strait since 28 February when the war began, as per the sources. Meanwhile, India-flagged large gas carrier Green Sanvi has safely transited the Strait of Hormuz on Friday night, carrying approximately 46,650 metric tonnes of Liquefied Petroleum Gas (LPG) cargo, official sources said. Earlier ...Read More >

Jaishankar speaks with Iranian, Qatari and UAE leaders on West Asia conflict, notes sixth call with Irans Araghchi since war began External Affairs Minister Dr S Jaishankar on Sunday shared that he received a call from Iranian Foreign Minister Abbas Araghchi to discuss the ongoing conflict in West Asia. In a series of posts on X, Jaishankar said that he also spoke with Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and Foreign Minister of the United Arab Emirates, Sh ...Read More >

External Affairs Minister S Jaishankar spoke with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday to discuss the West Asia conflict and its impact on global energy supplies. The external affairs minister also held a phone conversation with the Foreign Minister of the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan. Jaishankar's phone conversations with the Qatari prime minister and the UAE foreign minister came amid a spike in tensions in West Asia ...Read More >

New Delhi, Apr 5 (PTI) External Affairs Minister S Jaishankar spoke to Iranian Foreign Minister Abbas Araghchi and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday and discussed the West Asia conflict amid US President Donald Trump's fresh ultimatum to Iran demanding the reopening of the Strait of Hormuz. The external affairs minister also held a phone conversation with Foreign Minister of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan. It is un ...Read More >
Mandya: Auto drivers in Mandya are facing severe difficulties as an ongoing shortage of LPG has disrupted operations at local auto fuel bunkers, impacting their daily livelihoods. Several fuel bunkers across the city have remained closed for days, with "No Stock" boards displayed outside, leaving drivers unable to refuel their vehicles and continue regular operations. Many drivers, who depend entirely on daily fares to sustain themselves and operate vehicles purchased on loans, have expressed ...Read More >

New Delhi, Apr 5 (PTI) The Congress on Sunday launched a scathing attack on Prime Minister Narendra Modi over the proposal to increase Lok Sabha seats, saying he is "bulldozing" the move that will work more to the benefit of larger and populous states and is nothing but a "Weapon of Mass Distraction (WMD)". The opposition party also alleged that the prime minister is "hoodwinking" the people of the country and is making misleading statements that are meant to deceive. In a post on X, Congress ...Read More >

Mandya (Karnataka) [India], April 5 (ANI): Auto drivers in Mandya are facing severe difficulties as an ongoing shortage of LPG has disrupted operations at local auto fuel bunkers, impacting their daily livelihoods. Several fuel bunkers across the city have remained closed for days, with "No Stock" boards displayed outside, leaving drivers unable to refuel their vehicles and continue regular operations. Also Read | 'To My Colleagues in AAP, Picture Abhi Baaki Hai': Raghav Chadha Defends Punjab ...Read More >

Thane, Apr 5 (PTI) A family from Maharashtra's Thane district was allegedly swindled of more than Rs 1.66 crore by a man who exploited their fear of "black magic" and promised them divine remedies through elaborate rituals and pilgrimages, police said on Sunday. The Kasarvadavali police district on April 2 registered a first information report (FIR) against Manjunath Shetty, a resident of Andheri in neighbouring Mumbai, based on the family's allegations that they were manipulated into paying th ...Read More >

Mandya (Karnataka) [India], April 5 (ANI): Auto drivers in Mandya are facing severe difficulties as an ongoing shortage of LPG has disrupted operations at local auto fuel bunkers, impacting their daily livelihoods. Several fuel bunkers across the city have remained closed for days, with "No Stock" boards displayed outside, leaving drivers unable to refuel their vehicles and continue regular operations. Many drivers, who depend entirely on daily fares to sustain themselves and operate vehicles ...Read More >
New Delhi: Indian refiners have secured Iranian crude and aren't facing any payment hurdles, the oil ministry said Saturday, adding that an LPG cargo is currently discharging at Mangalore port. This marks India's first public acknowledgement of the resumption of energy trade with Iran. "News reports and social media posts of an Iranian crude cargo being diverted from Vadinar, India, to China due to "payment issues" are factually incorrect," the oil ministry said in a post on X. Indian refiners ...Read More >

New Delhi: India-flagged large gas carrier Green Sanvi has safely transited the Strait of Hormuz on Friday night, carrying approximately 46,650 metric tonnes of Liquefied Petroleum Gas (LPG) cargo, official sources said. Earlier on March 28, a shipment of 47,000 metric tonnes of liquefied petroleum gas (LPG) arrived at the Vadinar Terminal of DPA Kandla in Jamnagar, Gujarat, on Saturday. The vessel, MT Jag Vasant, is set to transfer its cargo to another ship at anchorage through a Ship-to-Ship ...Read More >

Patna, April 4 (IANS) Tension gripped parts of Katihar district on Saturday after a custodial death triggered violent protests in the Phalka police station area. The incident centres around 24-year-old Rakesh Kumar Yadav, whose death in police custody has sparked serious allegations and clashes between villagers and the police. According to police, Rakesh -- an accused in a bike-snatching case -- fell ill inside the lock-up and was being taken for treatment when he died. However, his family a ...Read More >

New Delhi [India], April 4 (ANI): The Petroleum Ministry on Saturday refuted the reports alleging that an Iranian crude cargo heading to India was diverted to China due to 'payment issues'. In an X post, the Petroleum Ministry stated that India has faced no payment hurdle in securing crude oil imports. Rubbishing the media reports, the ministry said that the Bills of Lading often carry indicative discharge ports and destinations, and on-sea cargoes can change destinations mid-voyage based on tr ...Read More >

NEW DELHI: India-flagged large gas carrier Green Sanvi has safely transited the Strait of Hormuz on Friday night, carrying approximately 46,650 metric tonnes of Liquefied Petroleum Gas (LPG) cargo, official sources said. Earlier on March 28, a shipment of 47,000 metric tonnes of liquefied petroleum gas (LPG) arrived at the Vadinar Terminal of DPA Kandla in Jamnagar, Gujarat, on Saturday. The vessel, MT Jag Vasant, is set to transfer its cargo to another ship at anchorage through a Ship-to-Ship ...Read More >

New Delhi [India], April 4 (ANI): The Petroleum Ministry on Saturday refuted the reports alleging that an Iranian crude cargo heading to India was diverted to China due to 'payment issues'. In an X post, the Petroleum Ministry stated that India has faced no payment hurdle in securing crude oil imports. Rubbishing the media reports, the ministry said that the Bills of Lading often carry indicative discharge ports and destinations, and on-sea cargoes can change destinations mid-voyage based on tr ...Read More >

The Strait of Hormuz -- a vital maritime chokepoint that accounts for nearly one-fifth of the global oil and gas trade -- was effectively blocked by Tehran in the wake of the war. "India and Gujarat hold a cherished place in our shared history" -- the Consulate General of Iran in Mumbai wrote in a post on 'X', soon after Indian LPG carrier 'Green Sanvi' passed the war-hit Strait of Hormuz. The Iranian Consulate General was responding to an 'X' post by Gujarat minister Harsh Sanghavi, who haile ...Read More >
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