India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, are st...
Shockwaves from the Strait of Hormuz supply disruption are rippling across global oil markets, setting off a frantic race to rush in crude. As availability tightens, refiners and traders are scramblin...
Image used for representative purposes NEW DELHI: The government is considering building liquefied petroleum gas (LPG) reserves as a buffer against potential supply disruptions, a government official ...
As the Middle East war has stretched beyond a month, energy prices have soared sharply, sending ripples across the globe. Iran’s chokehold of Strait of Hormuz has pushed fuel costs higher, hitting ene...
Global crude markets are strained as Middle East conflict escalates, pushing oil prices up and impacting fuel supplies worldwide. Countries like India, Nepal, Bhutan, Pakistan, Sri Lanka, Myanmar, and...
UAE-Saudi Arabia trade bridge A new logistics link between the UAE and Saudi Arabia is being put in place as regional supply chains face pressure from ongoing geopolitical tensions linked to the US–Is...
Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude...
NEW DELHI: Public concern over a possible shortage of LPG and other fuels is mounting, but the Centre assures that there is no reason to panic. The closure of the Strait of Hormuz has led to disruptio...
As the Strait of Hormuz faces disruption, Saudi Arabia’s East-West and UAE’s Habshan-Fujairah pipelines are crucial overland routes for crude oil. These pipelines, designed for emergencies...
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...