Tag: Strait of Hormuz
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‘Oil imports in full flow from non-Hormuz routes’: Hardeep Singh Puri’s message as Middle East tensions roil energy markets
Union petroleum minister Hardeep Singh Puri has assured that oil imports to India are continuing smoothly through alternative routes as the Middle...
Asian stocks today: Kospi drops 1.6% as Middle East tensions weigh on markets
Asian stocks mostly fell on Friday as the ongoing conflict in the Middle East continued to unsettle global markets, while oil prices...
Middle East heat may ripple across India’s energy supply chain, flags Goldman Sachs
As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical...
US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India – how vulnerable are they after closure?
Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. Strait of Hormuz closure has...
Oil prices spike! Will petrol, diesel rates be hiked in India as crude nears $80 mark on Middle East tensions?
India faces a higher import burden when global prices rise, along with possible inflationary effects. (AI image) Internationally, oil prices have risen by...
