NEW DELHI: The United States on Wednesday again hailed India as a “great partner”, praising New Delhi’s purchase of oil from its old ally Russia and crediting it as an effort to maintain stable oil pr...
More than oil though, it is the disruptions in LPG imports from West Asia that are having an immediate impact. (AI image) Oil, LPG, and LNG – the backbone of a growing Indian economy – hav...
Rupee came under sharp pressure in early trade on Monday, slipping close to its record intra-day low as surging crude oil prices and a stronger US dollar weighed on the domestic currency amid escalati...
The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions...
As the Middle East crisis escalates, concerns have grown over a possible rise in petrol and diesel prices. However, despite a sharp increase in global crude oil prices, fuel rates in major Indian citi...
MUMBAI: The government’s decision to hold back cuts in retail petrol and diesel prices despite the earlier fall in global crude has given oil marketing companies (OMCs) room to cushion the impac...
India faces a higher import burden when global prices rise, along with possible inflationary effects. (AI image) Internationally, oil prices have risen by around 9-10% following Israel-US strikes on I...
Gold hits new heights in UAE amid global geopolitical risk / Image: file The gold markets in the United Arab Emirates witnessed a dramatic transformation on Monday, March 2, 2026. As news of escalatin...
NEW DELHI: Policymakers are keeping a close eye on oil prices and goods movement in the wake of the latest tension in West Asia, while maintaining that it’s too early to assess the impact on the econo...
AI image (Picture credit: OpenAI via ChatGPT) The Strait of Hormuz – a narrow water passageway in the Middle East – is back in focus. The US and Israel strikes on Iran and its retaliation ...