energy prices

Srinagar, March 21 Jammu and Kashmir Chief Minister Omar Abdullah said on Saturday that the "illegal" war imposed by the United States and Israel on the world should end as soon as possible."Today, I only prayed for an end to this illegal war that has been imposed on us by the United States...

New Delhi, March 19 The global trade growth is expected to slow down to 1.9 per cent this year amid the West Asia crisis, the WTO said on Wednesday.WTO economists warn that the ongoing conflict in West Asia could further reduce trade growth if energy prices remain elevated, it said.It would...

New Delhi, March 19 As fresh attacks on West Asian gas hubs triggered global concerns, India on Thursday said the attacks are "unacceptable and need to cease" even as Prime Minister Narendra Modi reached out to top leaders of Oman, Jordan, France and Malaysia, emphasizing the urgency to restore...

New Delhi, March 19 As fresh attacks on West Asian gas hubs triggered global concerns, India on Thursday said the attacks are "unacceptable and need to cease" even as Prime Minister Narendra Modi reached out to top leaders of Oman, France, and Malaysia, emphasizing the urgency to restore peace...

Washington, March 19 – US Vice President J.D. Vance used a speech in the industrial state of Michigan to defend President Donald Trump’s economic agenda, arguing that tax cuts, deregulation, and a tougher trade posture were helping to revive manufacturing, while also acknowledging short-term...

New Delhi, March 16 Gold prices began the week on a negative note, declining by ₹2,225 to ₹1.56 lakh per 10 grams in the futures trade on Monday, amid bearish sentiment in overseas markets and a strong US dollar.On the Multi Commodity Exchange, gold futures for April delivery depreciated by...

Washington, March 14 Amid rising tensions with Iran and concerns over the safety of maritime traffic, US President Donald Trump said on Saturday that multiple countries could join the United States in deploying warships to the Strait of Hormuz, a vital global shipping route.In a statement...

Washington, March 14. Senior US Senate Democrats have sharply criticised the Trump administration's decision to pause sanctions on Russian oil, warning that the move could enrich Moscow while doing little to ease rising energy costs for Americans.US Senator Mark R. Warner, Vice Chairman of the...

Washington, March 12 – U.S. President Donald Trump said on Thursday that rising oil prices benefit the United States because the country is the world’s largest producer of crude, even as tensions in the Middle East push global energy markets higher.“The United States is the largest Oil...

Washington, March 12 – US Energy Secretary Chris Wright said that energy markets could face short-term disruptions as the conflict involving Iran affects oil flows, but insisted that the impact would likely be temporary and that military operations would eventually stabilize global energy...

Strasbourg, March 11 – European Commission President Ursula von der Leyen said on Wednesday that the conflict in the Middle East has imposed heavy economic costs on Europe, driving up energy prices and adding billions of euros to import bills."Since the beginning of the conflict, gas prices...

New Delhi, March 11: Petrol and diesel prices in Pakistan have increased by nearly Rs 55 per liter after the outbreak of the Iran war, reflecting the country's energy import dependence in recent years, according to a report in Pakistani media.As global oil prices surge and shipping costs rise...

New Delhi, March 11 State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said...

New Delhi, March 11 With the conflict in West Asia disrupting energy prices, Iran has blamed the US for the disruptions in the shipping of crude oil and gas through the Strait of Hormuz, attributing the problem to Washington's "destabilizing actions."Iran's foreign ministry stated this in a...

March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...

On Tuesday, Italy's Ambassador to India, Antonio Bartoli, highlighted the urgent need to end the ongoing conflict in West Asia, stating that both India and Italy are on the same page and are working to hold a dialogue to stop the war as soon as possible.Speaking to IANS, Bartoli said that it...

Islamabad, March 10 – Facing a worsening fuel crisis triggered by rising global oil prices and geopolitical tensions in West Asia, the Pakistani government has announced a series of austerity measures, highlighting the country's deep dependence on imported energy and its fragile economic...

New Delhi, March 9 India could face an additional foreign currency outflow of USD 7-8 billion per month due to the surge in international energy prices, following the conflict in West Asia, raising concerns over inflation and the current account deficit, analysts said.While crude oil prices...

New Delhi, March 9 – Pakistan's ongoing conflict with Afghanistan has put at risk the next installment of IMF funding that Islamabad urgently needs, according to a media report.The IMF team is currently visiting Pakistan for its third review of the country's economy, ahead of the next tranche...

Washington, March 9: Indian refineries processing Russian crude was a "pragmatic decision" taken to stabilize global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said.Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any...