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Modi reviews fuel, fertilizer supplies amid escalating West Asia conflict

New Delhi, March 22 -- Prime Minister Narendra Modi on Sunday chaired a Cabinet Committee on Security (CCS) meeting to review and ensure the availability of critical resources such as food, energy and... Read More


Oil down 2% as US considers lifting sanctions on Iranian oil loaded on vessels

New Delhi, March 20 -- International oil prices fell over 2% on Friday after the US signalled potential easing of sanctions on Iranian oil and global powers backed efforts to secure shipping through t... Read More


India unveils Rs.497-cr RELIEF package to shield exporters from war disruptions

New Delhi, March 19 -- Harsh Kumar & Rituraj Baruah New Delhi: Amid the escalating war between US-Israel and Iran and its spreading impact on maritime logistics across the Gulf region, India on Thurs... Read More


Oil surges 4% as Iran-Qatar energy hubs hit, fears of wider supply shock rise

New Delhi, March 19 -- Crude oil prices surged over 4% on Thursday morning after fresh attacks on key energy infrastructure in West Asia heightened fears of a broader supply shock. The conflict's shi... Read More


Govt mandates use of local wafers, ingots for solar projects from June 2028

New Delhi, March 19 -- The Centre on Wednesday mandated the use of locally manufactured solar wafers and ingots in large renewable energy projects and government-backed schemes from June 2028. The mo... Read More


Oil prices down 1% as US crude inventories rise; supply concerns persist

New Delhi, March 18 -- International crude oil prices fell over 1% on Wednesday after a sharp rise in US inventories, though losses were limited by supply concerns amid the West Asia conflict. A Reut... Read More


Amid cooking gas crunch, govt to incentivize states for promoting PNG adoption

New Delhi, March 18 -- The Centre has offered to incentivize states with up to 10% more commercial liquefied petroleum gas (LPG) cylinders if they promote the adoption of piped natural gas (PNG) by ho... Read More


India mulls protection & indemnity club for shipping lines amid war uncertainty

New Delhi, March 17 -- Amid the ongoing war in West Asia and ships stranded in the Strait of Hormuz, India may consider setting up a protection and indemnity (P&I) club for shipping lines and vessels.... Read More


Oil prices up 2% amid escalating war in West Asia, closure of Strait of Hormuz

New Delhi, March 17 -- Crude oil prices rose over 2% on Tuesday morning as the ongoing war in West Asia and fears of a prolonged disruption in the Strait of Hormuz pushed up global energy costs. The ... Read More


India cuts port charges to aid ships stranded by Hormuz blockade

New Delhi, March 16 -- Amid the escalating war in West Asia and the closure of the Strait of Hormuz, India has offered relief to shipping and cargo owners, allowing stranded vessels to temporarily doc... Read More