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New Delhi/Mumbai: Two India-flagged tankers hauling liquefied petroleum gas (LPG) arrived in the country after being cleared by Iran to transit the strategic Strait of Hormuz, even as two additional carriers, the BW Tyr and BW Elm, began their journey through the waterway on Saturday, officials aware of the matter said. According to the officials, the Jag Vasant, a 230-metre-long ship, dropped anchor around 8 pm on Friday at Vadinar, a terminal of the state-run Deendayal Port Authority (DPA), p ...Read More >
New Delhi/Bengaluru -- Oil prices were little changed on Tuesday as investors weighed the possibility of US President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a key artery for global oil flows. Brent crude futures for May were up 18c, or 0.16%, to $112.96 a barrel at 4.38am GMT after dropping 1% earlier in the session. The May contract expires on Tuesday, while the more active June contract was at $107.10. US West Texas Intermedia ...Read More >
NEW DELHI, March 31 : Oil prices were little changed on Tuesday as investors weighed the possibility of U.S. President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a key artery for global oil flows. Brent crude futures for May were up 18 cents, or 0.16 per cent, to $112.96 per barrel at 0438 GMT after dropping 1 per cent earlier in the session. The May contract expires on Tuesday and the more active June contract was at $107.10. U.S. ...Read More >
New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consum ...Read More >
BENGALURU, March 31 : Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war. Brent crude futures for May rose $2.26, or 2 per cent, to $115.04 a barrel at 0002 GMT, after reaching their highest since March 19 during the prior session. The May contract expires on Tuesday and the more active June contract ...Read More >
Mumbai, March 12: The Liberian-flagged crude oil tanker Shenlong successfully docked at Mumbai Port on Wednesday, March 12, marking the first successful transit of an India-bound oil vessel through the Strait of Hormuz since the outbreak of full-scale hostilities between the US, Israel, and Iran. Carrying approximately 2 million barrels of Saudi Arabian crude, the vessel's arrival provides a critical reprieve for Indian refineries that have faced dwindling stocks and soaring procurement costs. ...Read More >
New Delhi, Mar 2 (PT) Asian countries are the most at risk from oil and gas supply disruptions in the Strait of Hormuz, with Japan facing the highest risk, followed by South Korea and India, according to international research group Zero Carbon Analytics. The Strait of Hormuz lies between Iran and Oman on the Arabian Peninsula and connects the Persian Gulf with the Arabian Sea. The shipping lanes in the strait are only two miles wide in each direction, but around 20 per cent of the world's oil ...Read More >
New Delhi, Oct 28 (SocialNews.XYZ) Indian Navy chief, Admiral Dinesh K. Tripathi, on Tuesday, emphasised the need for collective, cooperative and technology-driven approaches to ensure maritime security in an increasingly complex Indo-Pacific, as he inaugurated the 11th edition of the Indo-Pacific Regional Dialogue (IPRD) here. Welcoming over 30 international delegates, Admiral Tripathi said the Indo-Pacific's future "must be shaped together, through dialogue, cooperation and mutual trust". Th ...Read More >
New Delhi, Oct 28: Indian Navy chief, Admiral Dinesh K. Tripathi, on Tuesday, emphasised the need for collective, cooperative and technology-driven approaches to ensure maritime security in an increasingly complex Indo-Pacific, as he inaugurated the 11th edition of the Indo-Pacific Regional Dialogue (IPRD) here. Welcoming over 30 international delegates, Admiral Tripathi said the Indo-Pacific's future "must be shaped together, through dialogue, cooperation and mutual trust". This year's theme, ...Read More >
India 'Cashes In' On Russia's Oil 'Crisis': How Ukraine's Drone Strikes Are 'Helping' India Tuesday, September 16, 2025 by Indian Defence News India has leveraged the disruption caused by Ukraine's intensified drone attacks on Russian oil refineries, which have significantly reduced Russia's processing capacity and created bottlenecks in global supply. With Russia forced to offload crude at even steeper discounts, India has sharply increased its intake, ensuring both cost savings for its refin ...Read More >
Bengaluru (Karnataka) [India], July 16 (ANI): EaseMyTrip co-founder Prashant Pitti has announced a Rs 1 crore commitment to tackle traffic congestion in Bengaluru using AI and satellite data, urging authorities and citizens to join hands in fixing the city growing traffic problem. In a detailed post on X, Pitti shared that he was stuck in traffic for over two hours while covering just 11 km late at night in Bengaluru. He said the worst part was being stranded at a choke point on the Outer Ring ...Read More >
New Delhi, Jun 27 (PTI) Gold prices plunged Rs 930 to Rs 97,670 per 10 grams in the national capital on Friday as traders rushed to selling amid easing off Middle East tensions and favourable reports about a trade deal between the US and China. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,600 per 10 grams on Thursday. Also Read | Jammu and Kashmir: 2 Ghulam Nabi Azad-Led Democratic Progressive Azad Party Leader Quit DRAP, Return ...Read More >
New Delhi, Jun 27 (PTI) Gold prices plunged Rs 930 to Rs 97,670 per 10 grams in the national capital on Friday as traders rushed to selling amid easing off Middle East tensions and favourable reports about a trade deal between the US and China. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,600 per 10 grams on Thursday. On Friday, gold of 99.5 per cent purity declined by Rs 850 to Rs 97,200 per 10 grams (inclusive of all taxes). It ...Read More >
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