middle east conflict

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    Government Response to Fuel Costs: Measures Announced

    Australia will halve its fuel excise tax until the end of June to help ease costs for households amid a surge in fuel prices caused by the conflict in the Middle East. Australian Prime Minister Anthony Albanese made the announcement today as the international benchmark for crude oil rose above...
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    Fuel Prices Fall as Australia Reduces Excise

    Canberra, March 30 – Australian Prime Minister Anthony Albanese announced on Monday that the government would halve its fuel sales tax in response to record-high prices.Albanese told reporters in Canberra after meeting with state and territory leaders on Monday morning that the fuel excise...
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    Regional Diplomacy: Pakistan Eyes US-Iran Talks in Islamabad

    Islamabad, March 29 – Pakistan's Foreign Minister on Sunday indicated the possibility of talks between the US and Iran to de-escalate the ongoing conflict, emphasizing that both countries have expressed their "confidence" in Islamabad to facilitate their talks.Ishaq Dar made these remarks...
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    Regional Ministers Discuss US-Iran Talks and West Asia Conflict

    Islamabad, March 29 Pakistan's Foreign Minister said on Sunday that the country would hold talks between the US and Iran after a meeting with his counterparts from Saudi Arabia, Egypt, and Turkey.Ishaq Dar made these remarks after the Foreign Ministers held consultations on the West Asia...
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    South Korea Prepares for Potential Supply Shortages

    Seoul, March 29 – South Korean Prime Minister Kim Min-seok vowed on Sunday to take preemptive measures against potential shortages of essential goods, as the Middle East crisis has disrupted global energy markets and driven up energy prices."We are at a critical economic juncture," Kim said...
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    Sri Lanka Receives Fuel from India Amidst Supply Disruptions

    Colombo, March 29 Sri Lankan President Anura Kumara Dissanayake thanked Indian Prime Minister Narendra Modi on Sunday for sending an oil shipment to ease the fuel supply disruptions in the island nation caused by the West Asia conflict.A shipment of 38,000 MT of fuel, comprising 20,000 MT of...
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    Israeli Military: Key Iranian Capabilities to Be Destroyed Soon

    Jerusalem, March 29 – In a live broadcast update, Israel Defense Forces spokesperson Effie Defrin stated that within a few days, the Israeli military will complete its strikes on all vital components of Iran's military industry."This means that we will destroy most of Iran's military...
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    Pakistan's Role in West Asia Conflict: Challenges to Mediation

    Islamabad, March 28. Given its association with the A.Q. Khan network—a global nuclear smuggling chain that supplied enrichment technology to Iran, Libya, and North Korea—Pakistan lacks credibility as a mediator, especially given its reported move to convey the American proposal to Iran and...
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    Maharashtra CM Addresses Misinformation on Fuel Shortages

    Mumbai, March 28 Addressing growing public concern amid the Iran–Israel conflict, Maharashtra Chief Minister Devendra Fadnavis on Saturday issued a stern warning against those spreading misinformation about fuel shortages or a potential lockdown, asserting that no such plan exists."There is...
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    Geopolitical Crossroads: Myanmar in China's Strategic Calculations

    Naypyidaw, March 28 – As the conflict in the Middle East heightened maritime instability, Myanmar's long-term strategic significance has become increasingly important in China's security calculus. There are also other strategic chokepoints beyond the Strait of Hormuz, and it is in this context...
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    Regional Diplomacy: Pakistan Facilitates West Asia Talks

    Islamabad, March 28 Pakistan is set to host the foreign ministers of Saudi Arabia, Egypt, and Turkey for discussions on a wide range of issues, including efforts to de-escalate tensions in West Asia amid the war in Iran, the Foreign Office said on Saturday.At the invitation of Pakistan's...
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    Government Underwrites Fuel Supply to Ease Price Pressure

    Sydney, March 28 The Australian government will guarantee the purchase of essential products affected by the conflict in the Middle East under new fuel security measures announced by Prime Minister Anthony Albanese on Saturday.Albanese and Chris Bowen, the minister for energy, told reporters...
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    Bangladeshis Face Economic Anxiety Amid Middle East Crisis

    Dhaka, March 27 – Although geographically distant, the ongoing conflict in the Middle East has a direct impact on villages in Bangladesh, where millions of families depend on relatives working in the Gulf region. This has turned regional unrest into a household anxiety, according to a report...
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    Sri Lanka Receives Emergency Fuel Shipment

    Colombo, March 27 A combined shipment of 38,000 metric tonnes of diesel and petrol is scheduled to arrive in Sri Lanka from India on Saturday, according to the Indian High Commission on Friday.The fuel shipment will arrive at the Colombo Harbour following a telephone conversation held on March...
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    Maharashtra CM Addresses Fuel Rumours, Highlights Centre's Action

    Mumbai, March 27 – Maharashtra Chief Minister Devendra Fadnavis on Friday praised the Centre's move to reduce excise duty on petrol and diesel, asserting that it would protect Indian consumers from the fallout of the ongoing Middle East conflict.The Chief Minister described the government's...
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    PM Modi's Relief: Maharashtra CM Addresses Fuel Concerns

    Mumbai, March 27 Maharashtra Chief Minister Devendra Fadnavis on Friday said the reduction in petrol excise duty will shield consumers from the impact of rising crude prices amid the West Asia conflict, and urged people to avoid panic buying of fuels as it can create an artificial shortage...
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    Oil Price Volatility Drives Excise Duty Changes

    New Delhi, March 27 CBIC Chairman Vivek Chaturvedi said on Friday that the government will review the special additional excise duty or windfall tax on diesel and ATF every two weeks.The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF...
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    Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs

    New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre, preventing a price hike that would have resulted from soaring global oil prices.The reduction in excise duty on petrol from ₹13 to ₹3 per litre and on diesel from ₹10 to nil will result in an...
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    Petrol, Diesel Excise Duty Reduced Amid Election Cycle

    Bengaluru, March 27 Karnataka Deputy Chief Minister D K Shivakumar said on Friday that the central government's decision to cut excise duty on petrol and diesel was aimed at the upcoming elections.The government has reduced excise duty on petrol and diesel by Rs 10 per litre each, a move aimed...
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    Fuel Prices Lowered Amid Global Oil Volatility

    Raipur, March 27 Chhattisgarh Chief Minister Vishnu Deo Sai on Friday praised the Centre's decision to reduce excise duty on petrol and diesel, calling it a "historic" and "people-centric" move that would provide direct relief to 140 crore citizens across the country.Sai said that amid the...
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