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The current energy shock may feel sudden, but for China, it is anything but unexpected. Long before tensions escalated in the Middle East, Beijing had already begun reworking its energy strategy to withstand exactly this kind of disruption. According to a report by The New York TimesChina steadily built up oil stockpiles, expanded renewable energy…
Amidst the ongoing war in the Middle East, countries of the world are facing a huge shortage of oil and gas. In such a situation, India is being supported by the supply of Russian oil and gas. Now Russia has once again proposed to increase the supply of crude oil and natural gas to its…
Last Updated:March 31, 2026, 6:56 PM IST The country’s minister said that all civil servants will work from home every Friday as part of broader energy-saving measures. Motorcyclists queue to refuel at a gas station operated by Pertamina, Indonesia’s state-owned oil and gas company, as the closure of the Strait of Hormuz by Iran disrupts…
U.S. President Donald Trump said he would prefer to “take the oil in Iran” and suggested Washington could seize the country’s key export hub at Kharg Island, as thousands of additional American troops deploy to the Middle East amid the widening U.S.-Israeli war against Iran. Reports in recent weeks have also pointed to Kharg Island…
Due to the ongoing conflict in West Asia, the global supply of oil and gas has been disrupted, due to which many countries of the world are facing fuel crisis. India is also facing this crisis. The central government is taking many steps to deal with this situation. In this connection, the government has now…
The impact of the ongoing tension and war in West Asia is now directly visible on America’s economy and politics. The global energy crisis has deepened due to Iran blocking the movement of ships through the Strait of Hormuz. Due to this, the price of diesel in America has reached above $5 per gallon, due…