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New Delhi: Foreign minister S Jaishankar has warned that the world is facing a major food crisis that has been sparked by global unrest. It will be compounded by super El Nino, the natural climate pattern that warms ocean waters and causes severe ripple effects including on rainfall and therefore food production. This, coupled with…
Due to increasing tension between America and Iran once again, the price of crude oil has crossed $ 100 per barrel. If the prices of crude oil continue to rise like this, it may increase the prices of petrol, diesel and LPG. Today i.e. on September 9, during early trading in Asia and Europe, Brent…
US-Iran War Live Updates: Iran called on the United States to accept defeat as the conflict showed no signs of easing, while US President Donald Trump called Tehran “very evil” and warned Americans to prepare for persistently high fuel prices. Progress towards peace talks remained stalled, with oil tanker traffic through the strategic Strait of…
Iran’s top security body announced on Monday the formation of a new body to manage the Strait of Hormuz, which Tehran has effectively closed and wants to charge ships to traverse. On its official X account, the Supreme National Security Council shared a post for the Persian Gulf Strait Authority (PGSA) saying it would provide…
Petrol, Diesel Price Hike: Following days of anticipation, the Centre has finally hiked retail selling prices of petrol and diesel in four metro cities. The hike, effective from Friday (May 15), is the first in four years for retail consumers. The price of CNG has also been raised by Rs 2. Here are the revised…
Petrol, Diesel Price Hike: Following days of anticipation, the Centre has finally hiked retail selling prices of petrol and diesel in four metro cities. The hike, effective from Friday (May 15), is the first in four years for retail consumers. The price of CNG has also been raised by Rs 2. Here are the revised…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…
Hindi News National Oil Crisis Amid Iran Israel War | PM Modi Meets Minister, LPG Quota Boost New Delhia few moments ago copy link PM Narendra Modi held a meeting with Petroleum Minister Hardeep Singh Puri at the Parliament House on Wednesday regarding the turmoil in the global oil market amid the Iran-Israel war. In…
New Delhi: The government needs to boost its stock of crude oil and bring it to the global standard of 90 days’ buffer stock in view of the fuel crisis sparked by the war in Iran, a Parliamentary Standing Committee on Petroleum and Natural Gas has said. In its 7th Report on “Demand for Grants…