Providing an update on fuel availability, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said that “crude oil inventories remain adequate,” indicating no immediate stress on reserves.
The announcement by Trump signals a temporary de-escalation in tensions, even as both sides remain engaged in high-stakes diplomacy. As of last week, Trump had said he wasn’t interested in pursuing a ceasefire with Iran.
These vessels, often referred to as “zombie tankers,” are becoming a new feature of maritime traffic in a conflict zone where conventional shipping has been severely restricted.
Gita Gopinath warns oil at $100 could cut global growth by 0.6 ppt and raise inflation as US-Iran tensions escalate
The Strait of Hormuz is widely regarded as the most critical energy corridor in the world. Nearly one-fifth of global oil supply passes through this narrow stretch between Iran and Oman.
India relies heavily on crude imports, particularly from Gulf nations, and the ongoing conflict has intensified concerns over supply and pricing.
Iran warned of internal crackdowns and external retaliation as tensions rise before Donald Trump’s Strait of Hormuz deadline, with the IRGC vowing to mirror strikes and target regional energy infrastructure.
Behind the scenes, discussions in Washington are now shifting towards more aggressive options, including a possible move to seize or blockade Iran’s most critical oil export hub.
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Kremlin spokesman Dmitry Peskov said the situation must move away from military confrontation.
Iran’s National Defence Council said any attempt by “the enemy” to target its coastal areas would trigger widespread mining of key maritime routes.
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Iran warns it may mine the Persian Gulf if coasts are attacked, escalating tensions over the Strait of Hormuz and energy infrastructure risks.
From mines to missile strikes, the 1980s conflict offers a warning on how quickly things can spiral in the Gulf.
Control over oil routes, pressure on global markets and internal political dynamics are all shaping Tehran’s decision to keep fighting.
A handful of strikes near Dimona have raised uncomfortable questions about a system that is widely seen as one of the world’s most advanced.
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From Honda to Rolls-Royce, global auto groups are scaling back EV timelines as policy support weakens and petrol demand holds firm.
After weeks of strikes and strong claims of success, the US still faces a stubborn reality with no clear exit and rising economic and political costs.
Three weeks in, the conflict is spreading across energy markets, global politics and military strategy, with no clear end in sight.
Shipments from Argentina have increased sharply since early 2026. Around 50,000 tonnes of LPG were delivered to India in just three months.
The CRJ-900 aircraft, arriving from Montreal, struck a fire truck on Runway 4 at a speed of about 39 km/h, according to flight tracking data from Flightradar24
The shift in stance signals a growing consensus among key Gulf nations such as the United Arab Emirates, Saudi Arabia, Bahrain and Qatar. They want Iran’s military capabilities to be decisively weakened to prevent it from posing a long-term threat.
US faces a no-win scenario in the Iran war, with all options carrying risks to oil supply, markets and regional stability. Here’s why.
Even as tensions surge, analysts say the war could strengthen Benjamin Netanyahu’s political position by shifting focus from domestic challenges and reinforcing his leadership image.
Speaking on CNBC-TV18, Kela said the issue has gained urgency in the current market environment, even though it may have earlier been seen as less critical. He also acknowledged Mohandas Pai’s role in amplifying the discussion.
Data from the US State Department showed that between January and August 2025, approvals for permanent resident and temporary visas fell by 11% year-on-year.
The Federal Aviation Administration has issued as 'ground stop' at New York's LaGuardia Airport
Pakistan raises high-octane fuel levy to Rs 300 per litre amid oil supply disruptions.
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The Pakistan Super League, the nation’s biggest sporting event that takes place from March 26 to May 3, has shifted to a watch-from-home model, the organizer said in a statement following consultation with the government.
The intensifying conflict has heightened concerns among businesses that the war could stretch on for months, prolonging uncertainty for the global economy.
In a video message posted on X, Araghchi said, “The negotiations with the Americans are over forever… a bitter experience and betrayal after promises of no attack.”
The Kobeissi Letter added that growing "headline fatigue" around the war, combined with pockets of illiquidity, is amplifying volatility across asset classes
Birol warned that the fallout from the energy shock is now spilling over into the broader global economy.
Seawater purification plays a critical role in ensuring water availability across the Gulf
The toll (around Rs 18.8 crore) has already been implemented, according to Iranian lawmaker Alaeddin Boroujerdi, a member of the parliament’s national security committee, who spoke to state broadcaster IRIB, as reported by Iran International.
He cautioned that the fallout would not be limited to a few regions, stressing that “no country will be immune to the effects of this crisis” if the current trajectory persists.
The report further said the incoming forces include an infantry battalion landing team backed by helicopters, F-35 fighter jets and armoured landing vehicles
The advisory highlighted potential travel disruptions, noting that "periodic airspace closures may cause travel disruptions," and warned that "U.S. diplomatic facilities, including outside the Middle East, have been targeted".
Trump, who has backed Israel’s military campaign since late February, warned that Washington could “obliterate” Iran’s power plants if Tehran does not lift its partial blockade of the narrow oil corridor within 48 hours.
US President Donald Trump said that he had ordered a halt to his threatened strikes on Iranian energy infrastructure
Mojtaba Khamenei remains largely unseen since becoming Iran’s supreme leader, fuelling speculation over his condition and authority, as U.S. and Israeli intelligence monitor a fragile, heavily guarded regime, Axios reports.
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CENTCOM denied claims that a U.S. F-15 was shot down by Iran, reaffirming that no aircraft were lost, while Tehran had earlier claimed a successful interception near Hormuz.