global oil prices

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    India's Jaishankar Discusses West Asia Situation with UAE's Indian Community

    Abu Dhabi, April 11 External Affairs Minister S Jaishankar began his official visit to the UAE on Saturday by interacting with members of the Indian Community.Jaishankar, who is on a two-day visit to the UAE, is expected to focus on exchanging views on the West Asia conflict."Started my...
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    Jaishankar Discusses West Asia Conflict with Regional Leaders

    New Delhi, April 5 External Affairs Minister S Jaishankar spoke to Iranian Foreign Minister Abbas Araghchi and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday and discussed the West Asia conflict amid US President Donald Trump's fresh ultimatum to Iran...
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    Domestic Airlines Face Modified Jet Fuel Costs

    New Delhi, Apr 1 Aviation stocks saw strong demand on Wednesday morning, with InterGlobe Aviation rising by over 9 per cent, despite a hike in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, further jumped 9.41 per cent to Rs 4,315 on the BSE.The stock of SpiceJet surged...
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    Oil Companies Absorbing Losses Amid Excise Duty Changes

    New Delhi, March 27 – The Congress party said on Friday that the reduction in excise duty on petrol and diesel offers no real relief to ordinary people and accused the government of misleading the public with headlines suggesting a price reduction.The party stated that if people saw reports...
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    West Asia Crisis Highlights in G7 Foreign Minister Discussions

    Paris, March 27 The West Asia crisis and its consequences were a key topic during a conversation between External Affairs Minister S Jaishankar and his Canadian counterpart Anita Anand on the sidelines of a G7 meeting in France.Jaishankar arrived here on Thursday for the G7 Foreign Ministers’...
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    Jaishankar in France: G7 Focus on West Asia Crisis

    New Delhi, March 26 External Affairs Minister S Jaishankar travelled to France on Thursday for the G7 foreign ministers' meeting, which will discuss the West Asia crisis with a focus on coordinating efforts to ensure that the Strait of Hormuz remains open for international shipping.While India...
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    Iran and India Discuss Strait of Hormuz Security and US-Israel Actions

    New Delhi, March 21 In a phone call with Iranian President Masoud Pezeshkian on Saturday, Prime Minister Narendra Modi condemned attacks on critical infrastructure in West Asia and called for keeping the critical shipping lanes "open and secure", amid major disruption in global energy supplies...
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    India's Markets Stabilize After Volatile Week

    Mumbai, March 20 The benchmark indices Sensex and Nifty recovered much of their intraday gains to end nearly 0.5 per cent higher on Friday, following intense buying in public sector banks, IT, and metal stocks amid concerns over further spikes in fuel-driven inflation.In another volatile...
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    India-EU Strengthen Cooperation on Energy and Global Stability

    New Delhi, March 17 The escalating conflict in West Asia and its impact on global energy security were key topics discussed by External Affairs Minister S Jaishankar with his counterparts from the 27 European Union (EU) member states in Brussels.A day after the talks, the Ministry of External...
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    India, Iran Dialogue Focused on Safe Passage Through Strait

    New Delhi, March 16 The government on Monday dismissed reports that Tehran is seeking the release of three oil tankers seized by India in exchange for ensuring safe passage for Indian-flagged vessels through the Strait of Hormuz.Top sources in the government said the report was baseless...
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    Shipping Attacks Increase Concerns Over Indian Gas Supply

    New Delhi, March 11 India on Wednesday condemned the escalating attacks on commercial shipping in West Asia after a Thai-flagged bulk carrier bound for Gujarat's Kandla Port was targeted by Iran's Islamic Revolutionary Guard Corps (IRGC).Three vessels were struck by projectiles in the Strait...
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    Pakistan's Energy Dependence and Rising Costs

    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...
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    Jaishankar Discusses West Asia Crisis and Energy Security

    New Delhi, March 10 External Affairs Minister S Jaishankar spoke to his German and South Korean counterparts on Tuesday as New Delhi intensifies diplomatic efforts to manage the fallout of the West Asia crisis, particularly regarding energy supplies.Global oil and gas prices have surged...
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    Middle East Conflict Raises Energy Security Concerns for India

    New Delhi, March 2 International oil prices rose by about 9% following attacks by the US and Israel on Iran, and retaliatory strikes by Tehran, but retail petrol and diesel prices in India are unlikely to increase in the near term, sources said.Brent crude, the global benchmark, climbed close...
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    Rising Oil Prices and Trade Disruption: India’s Concerns

    Rising tensions in the Middle East, following attacks by the US and Israel on Iran, are expected to disrupt trade flows, increase freight and insurance costs, delay cargo shipments, and drive up global oil prices, thereby increasing India's import bill, according to experts.While India's trade...
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