oil

Washington, March 30 – US President Donald Trump said that he wants to "seize Iranian oil" and could seize Kharg Island, the country's oil export hub.In an interview with the Financial Times, Trump said, "To be honest, my favorite thing is to seize Iranian oil," comparing the US move to...

Washington, March 30 – President Donald Trump said that a deal with Iran may be close, even as he described extensive US strikes that he said had weakened the country’s military and leadership and accelerated negotiations.“I do see a deal in Iran… it could be soon too,” Trump told reporters...

Washington, March 30 – US President Donald Trump said Cuba “will be next” to face collapse, describing the island nation as a failing state while signaling Washington’s willingness to allow oil shipments to ease conditions for its people.“Cuba is going to be next… Cuba is a mess. It’s a...

New Delhi, March 28 Defence Minister Rajnath Singh on Saturday emphasized the need to ensure preparedness for the medium to long term and a swift decision-making process to address the evolving crisis in West Asia.Singh made these remarks while chairing the first meeting of the Informal Group...

Prime Minister Narendra Modi will interact with the Chief Ministers of all the states via video conferencing this evening to discuss the West Asia conflict, focusing on reviewing state preparedness and plans. The source said that the meeting will emphasize coordinated efforts in the spirit of...

FGN39 IRAN-INDIA-LD HORMUZIndia among 5 nations granted passage through Strait of Hormuz by TehranTehran/New Delhi: Iran has allowed India and a number of other "friendly nations," including China and Russia, to use the Strait of Hormuz for commercial shipping, Iranian Foreign Minister Seyed...

March 26, New Delhi – The Ministry of Petroleum and Natural Gas stated on Wednesday that India's fuel supply remains fully secure, dismissing reports of shortages as a coordinated misinformation campaign.The government said there are no shortages or rationing of petrol, diesel, or Liquefied...

Washington, March 25 US President Donald Trump said Iran had agreed never to have a nuclear weapon and had offered a "significant concession" related to the Strait of Hormuz, even as he declared victory in the three-week war.Speaking to reporters at the Oval Office on Tuesday, Trump claimed...

New Delhi, March 24 Prime Minister Narendra Modi said on Tuesday that the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.In a statement in the Rajya...

March 22, New Delhi: In a social media post on Sunday, Iranian Parliament Speaker Mohammad Baqer Qalibaf stated that critical infrastructure and energy facilities in West Asia could be "irreversibly damaged" if Iranian power plants are targeted.This comes as tensions around the Strait of...

Moscow, March 22 – The United States is pursuing a policy of dominance in global energy markets, Russian Foreign Minister Sergei Lavrov said in an interview with Russian media."They (the United States) only care about their own well-being. They are willing to defend this prosperity by any...

Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...

March 21, New Delhi – The Trump administration granted a 30-day waiver on sanctions related to the purchase of Iranian oil at sea on Friday, marking its latest effort to ease rising oil prices.U.S. Treasury Secretary Scott Besant said in a post on X that the waiver would release around 140...

Washington, March 21 The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices.US Treasury Secretary Scott Besant said the temporary measure will make available 140 million barrels of...

Itanagar, March 20 The Itanagar Capital Region administration has launched a helpline to prevent hoarding, black marketing, and price manipulation of LPG cylinders in the face of panic buying triggered by global supply chain disruptions, an official said on Friday.Capital Region Deputy...

March 20, New Delhi — The Ministry of External Affairs' Fact Check Unit has refuted social media claims that India had issued a warning to Iran regarding escalating tensions in the region.A video clip circulating on social media purportedly shows Randhir Jaiswal, the official spokesperson of...

Beijing, March 19 China said on Thursday that "new points of consensus" have been reached in its current trade talks with the US ahead of President Donald Trump's planned visit to Beijing, which was postponed due to the escalating conflict in West Asia.China and the US have agreed to continue...

New Delhi, March 16 India does not have a "blanket arrangement" with Iran for the transit of Indian-flagged ships through the Strait of Hormuz, and "every ship movement is a separate matter," External Affairs Minister S. Jaishankar has said.In an interview with the Financial Times, Jaishankar...

Nepanagar (MP), March 15 Madhya Pradesh Chief Minister Mohan Yadav on Sunday accused Leader of the Opposition in the Lok Sabha, Rahul Gandhi, of indulging in reckless politics over cooking gas despite the delicate situation arising from the ongoing West Asia conflict.Yadav made the remarks...

March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...