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Last Updated:April 17, 2026, 5:46 PM IST At the heart of the jet-fuel crisis is the Strait of Hormuz, through which a huge portion of the world’s oil and roughly 75% of Europe’s jet fuel imports, normally passes. Only ‘6 Weeks Of Jet Fuel Left’ In Europe: Will Your Summer International Flights Be Cancelled? You…
Last Updated:April 08, 2026, 11:11 IST Speaking during the Monetary Policy Committee (MPC) meeting, he flagged risks to global supply chains and energy markets. RBI Governor Sanjay Malhotra. Reserve Bank of India Governor Sanjay Malhotra warned that disruptions in the Strait of Hormuz could weigh on economic growth, citing heightened geopolitical tensions in the region….
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…
Last Updated:March 28, 2026, 8:46 PM IST Saudi Arabia maximizes East West pipeline to 7 million barrels per day, rerouting exports via Yanbu to bypass the disrupted Strait of Hormuz and stabilize global oil flows. Representational image. (Reuters) Saudi Arabia has activated a key part of its energy contingency strategy, with its crucial East-West pipeline…
A shortage of commercial LPG cylinders in Bengaluru, due to the ongoing Iran-Israel War, has prompted several restaurants to make temporary adjustments to their menus over the past few days. With distributors unable to meet usual demand and fuel‑heavy cooking becoming difficult, many establishments have cut back on items that require sustained heat. According to Moneycontrol,…
Last Updated:March 10, 2026, 9:14 PM IST Union minister Hardeep Singh Puri said the central government is taking measures to ensure 100% supply of CNG and piped natural gas to domestic consumers A delivery staff unloads LPG cylinders from a truck at a distribution point in Mumbai on March 10, 2026. (Image: AFP) Petroleum and…
Last Updated:March 03, 2026, 12:00 IST India imports nearly two-thirds of its LPG consumption, with 85–90% sourced from the Gulf region (Image/Reuters) India is weighing a series of contingency measures — including restricting petrol and diesel exports, ramping up crude purchases from Russia and introducing demand-management steps such as LPG rationing — to address potential…