geopolitical tensions

Washington, March 12 – The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, as part of a coordinated international effort by major economies to stabilize energy markets amid rising global prices driven by conflict in the Middle...

Jammu, March 11 Jammu and Kashmir Minister for Food, Civil Supplies & Consumer Affairs (FCS&CA) Satish Sharma chaired a meeting on Wednesday to review the stock and supply of petroleum products, including LPG, across the Union territory in view of the escalating crisis in West Asia.The meeting...

New Delhi, March 11 The price of silver declined by Rs 4,275 to Rs 2.75 lakh per kilogram in the national capital on Wednesday, while gold gained Rs 900 to Rs 1.65 lakh per 10 grams amid geopolitical tensions in West Asia.According to the All India Sarafa Association, the white metal plunged...

New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...

Relevance: UrgentSubject: Petroleum StockCategory: EnergySatish Sharma Reviews Petroleum Stock Position in J&K, Calls for Ensuring Uninterrupted SupplyThe Minister for Food, Civil Supplies & Consumer Affairs (FCS&CA), Transport, IT, Youth Services and Sports, Satish Sharma, today chaired...

Mumbai, March 11 The Sensex and Nifty benchmark indices ended nearly 2% lower on Wednesday after a day of recovery, as a surge in global crude oil prices amid rising tensions in West Asia spooked investors.Furthermore, sustained outflows of foreign funds and selling in blue-chip bank stocks...

Patna, March 11 – As fears of a shortage of LPG and petroleum products triggered panic buying across Bihar, the Bihar Police intervened to manage the situation and issued an alert directing authorities to prevent chaos and hoarding. Although the government has stated that LPG stocks are...

New Delhi, March 11 Silver prices plummeted by Rs 4,269 to Rs 2.73 lakh per kilogram in futures trading on Wednesday, as a strong US dollar weighed on the precious metal despite ongoing geopolitical tensions in the Middle East.On the Multi Commodity Exchange, silver for May delivery fell by Rs...

Chennai, March 11 – A severe shortage of commercial LPG cylinders across Tamil Nadu could force nearly one lakh restaurants to shut down within the next two days, the Tamil Nadu Hotel Owners Association has warned, and urged the Centre to take urgent measures to ensure uninterrupted supply of...

Washington, March 11 – American farm leaders warned US lawmakers on Tuesday that the conflict involving Iran could drive up global fertilizer and fuel prices, adding further pressure on farmers already struggling with rising costs and volatile markets.The warning came during a hearing of the...

Bengaluru/New Delhi, March 10 Karnataka Deputy Chief Minister D.K. Shivakumar criticised the Central government on Tuesday over the shortage of cooking gas cylinders, alleging that it has remained silent despite the issue affecting several sectors across the country.Meanwhile, Union Minister...

Patna, March 10 – A rumour about a potential domestic gas shortage caused panic in the Sugauli block of East Champaran district in Bihar on Tuesday, after claims spread that LPG supplies might be disrupted due to the ongoing tensions between Iran and Israel.As the rumour spread rapidly...

Chennai, March 10 Tamil Nadu Chief Minister M.K. Stalin held a high-level review meeting at the State Secretariat in Chennai on Tuesday to assess the potential impact of the ongoing US–Iran conflict on the State and to formulate appropriate response measures.The meeting focused on the possible...

New Delhi, March 10 Crude oil prices plunged by over 8 per cent to Rs 8,069 per barrel in futures trading on Tuesday, following comments from US President Donald Trump that the conflict with Iran may be nearing its end, easing fears of prolonged supply disruptions.Ending a three-day rally...

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 10 – On Tuesday, opposition leaders expressed concerns over a growing shortage of LPG supplies in India, linking the situation to the ongoing tensions in West Asia and demanding a detailed discussion in Parliament on the country’s energy security.Congress MP Jebi Mather...

New Delhi, March 10 – After being stranded in Doha for 10 days, the Indian men's basketball team is on its way back home, the Basketball Federation of India said on Tuesday.The Indian team travelled to Doha for the FIBA Basketball World Cup 2027 Asian Qualifiers, but found themselves stranded...

March 09, New Delhi — Rising tensions in the Middle East are fueling a worsening energy crisis across global markets, with oil prices surging past $114 per barrel for the first time since 2022.The international benchmark Brent Crude and the main US oil contract, West Texas Intermediate, rose...

Islamabad, March 9 According to a report on Monday, Pakistan has approached Saudi Arabia with a series of requests for long-term economic support, including converting existing short-term deposits of USD 5 billion into a 10-year long-term facility, as well as requests to enhance the deferred...

New Delhi, March 9 India's fertilizer stockpiles are sufficient to meet the demands of the upcoming Kharif season, but a 40 per cent reduction in gas supply and ongoing geopolitical tensions in West Asia have raised concerns about domestic urea production and the cost of imports, the Fertilizer...