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A disagreement over Tehran’s nuclear activities was the central sticking point in the weekend negotiations between Iran and the United States in Pakistan. Washington has proposed a 20-year freeze on Iran’s uranium enrichment in its proposal, but Tehran said it could only agree to do it for five years, according to reports by The New…
New Delhi: Global oil and gas supply chains severely disrupted due to the 40-day-long conflict in the Middle East, India has launched a special diplomatic initiative as the two-week ceasefire allows some relief. The diplomatic initiative is focused on the resumption of oil and gas imports. India has already established direct diplomatic contact with key…
Iran has rejected US President Donald Trump’s ultimatum to open Hormuz within 48 hours. The Iranian Army has said that America is making threats out of helplessness and panic. General Ali Abdollahi Aliabadi, head of Iran’s central military headquarters Khatam al-Anbiya, called Trump’s warning a foolish action and rejected it outright. Iran warned the US…
Gas prices in Europe have surged by nearly 70% amid the West Asian crisis, intensifying volatility in global energy markets. Compounding this, Russia imposed a gasoline export ban effective April 1. Since the Iran war, energy markets have been acutely destabilised. Eurozone inflation rose to 2.5% from 1.9%, driven largely by energy inflation at 4.9%…
The assassination of the all-powerful Islamic Revolutionary Guard Corps’ (IRGC) Navy chief, Alireza Tangsiri, is the latest addition to Iran’s leadership falling prey to Israeli and American military campaigns. Tangsiri was reportedly killed in an Israeli airstrike on the port city of Bandar Abbas, on the coast of the contested Strait of Hormuz, and nearly…
Sri Lankan President Anura Kumara Dissanayake on Sunday thanked Indian Prime Minister Narendra Modi for sending an oil shipment to ease the fuel supply disruptions in the Island nation caused by the West Asia conflict. A shipment of 38,000 MT of fuel, comprising 20,000 MT of diesel and 18,000 MT of petrol, arrived in Colombo…
Last Updated:March 29, 2026, 07:52 IST Officials said both ships ‘Jag Vasant’ And ‘Pine Gas’ navigated the strait by closely tracking the Iranian coastline on routes approved by Tehran. The Strait of Hormuz, a key energy corridor that remains disrupted by the Middle East war. (AFP photo) Another two India-flagged tankers carrying liquefied petroleum gas…
The US has reportedly proposed a 15-point plan to Iran for ending the US-Iran war. Iran has made its own conditions for an agreement known. It is evident that these are maximalist positions on both sides, and any eventual agreement would involve compromises. But if one side or the other lays out its positions in…
Last Updated:March 22, 2026, 08:00 IST Skyrocketing energy costs, unseasonal agricultural disruptions, and a stubborn interest rate cycle have forced the middle class into a defensive crouch As we move into the second quarter of 2026, the Indian consumer is undergoing a fundamental behavioural shift. Representational image As the first quarter of 2026 draws to…
Last Updated:March 21, 2026, 11:41 IST Two Indian LPG carriers – Pine Gas and Jag Vasant – are currently positioned near Sharjah in the United Arab Emirates. The ships are stranded close to the Strait of Hormuz. (Image for representation: AFP) Even as the Strait of Hormuz remains shut for many countries, two Indian-flagged liquefied…