strait of hormuz

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    UN Task Force Aims to Mitigate Global Food Security Impact of Hormuz Blockade

    United Nations, March 27 – As the world grapples with the impact of the Strait of Hormuz, Secretary-General Antonio Guterres announced on Friday the formation of a task force to address its humanitarian consequences.The group will develop a mechanism for moving fertilizers and related raw...
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    Shivakumar: Centre's Fuel Policies Driven by Elections

    Bengaluru, March 27 – Terming the Centre's move on fuel prices as an election gimmick, Karnataka Deputy Chief Minister D.K. Shivakumar on Friday alleged that petrol and diesel prices would be increased again immediately after the elections.Addressing the media at the KPCC office and later...
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    Iran's Rejection Highlights Pakistan's Diminishing Strategic Role

    Islamabad, March 27 – Despite Islamabad's attempt to position itself as a mediator in the US-Iran conflict, Tehran returned Pakistan's tanker and blocked its passage through the Strait of Hormuz. Iran also rejected proposals for talks, including US ceasefire attempts, by dismissing Trump's...
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    Fuel Prices Stabilized: Centre Reduces Excise Duty

    Patna, March 27 Bharatiya Janata Party (BJP) MP Manoj Tiwari on Friday praised the Centre's move to reduce excise duty on petrol and diesel, calling it a "Ram Navami gift for the country".Manoj Tiwari said, "This is the biggest news of the day. The country has received a gift on Ram Navami."...
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    MEA: India in Contact with Nations to Ensure Energy Supply

    New Delhi, March 27 – The Ministry of External Affairs (MEA) said on Friday that four ships carrying LPG have arrived in India after crossing the Strait of Hormuz, and assured that New Delhi is in contact with concerned countries to ensure the safe transit of its ships to meet its energy needs...
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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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    India's Partnerships Highlighted at G7 Meeting

    March 27, New Delhi: The two-day G7 Foreign Ministers meeting is taking place near Paris, with key discussions held at Vaux-de-Cernay Abbey to set the agenda for the upcoming leaders' summit.External Affairs Minister S. Jaishankar held bilateral talks with counterparts from France, Canada...
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    Fuel Prices Stagnant Amid Excise Duty Changes: Congress Criticizes Move

    New Delhi, March 27 – The Congress party on Friday accused the government of reducing excise duties on petrol and diesel due to upcoming assembly elections, pointing out that consumer prices in India have not decreased even when global crude oil prices have fallen on seven different occasions in...
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    Crude Oil Futures Rise Amid Global Geopolitical Concerns

    New Delhi, March 27 Crude oil prices trimmed early losses to trade nearly 2 per cent higher at Rs 9,061 per barrel in futures trading on Friday, tracking gains in global energy benchmarks amid geopolitical uncertainty in West Asia.On the Multi Commodity Exchange (MCX), crude oil for the April...
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    Fuel Prices Stagnant Despite Crude Price Drops, Congress Claims

    New Delhi, March 27 – The Congress party on Friday accused the government of reducing excise duties on petrol and diesel due to upcoming state assembly elections, pointing out that consumer prices in India have not decreased even when global crude oil prices have fallen on seven separate...
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    Protecting Consumers: India's Response to Rising Global Oil Prices

    Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, stated today that the government has chosen to protect Indian citizens from the sharp increase in international crude prices, amidst the ongoing US-Israel-Iran conflict and disruptions in the Strait of Hormuz, by taking a...
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    Central Government Reduces Petrol & Diesel Excise Duty

    Gandhinagar, March 27 – The Gujarat government has welcomed the central government's move to cut excise duty on petrol and diesel by Rs 10 per litre.Gujarat Chief Minister Bhupendra Patel said, "Today, with the sharp increase in crude oil prices globally, Prime Minister Narendra Modi has once...
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    Silver Futures Rebound as US Military Action Pauses

    New Delhi, March 27 Silver prices rebounded by Rs 6,911 to Rs 2.26 lakh per kilogram in futures trading on Friday as investors returned to the market following a temporary pause in tensions between the US and Iran.On the Multi Commodity Exchange, the white metal for May delivery soared by Rs...
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    Govt Reduces Excise Duty on Petrol and Diesel

    March 27, New Delhi - The Indian government reduced the additional excise duty on both petrol and diesel in response to growing concerns about a nationwide rise in fuel prices due to the ongoing crisis in the Middle East.According to a government order, the additional excise duty on petrol was...
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    India's Fuel Prices Strained by Rising Crude, Excise Duty Changes

    New Delhi, March 27 The Congress on Friday claimed that the government's excise cuts will not change prices for dealers and consumers, and that the relief exists only in the narrative, not in reality.The government has slashed excise duty on petrol to Rs 3 per litre and exempted diesel fully...
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    India-US Relations Strengthen Amid Regional Tensions

    New Delhi, March 27 – The United States Embassy in India highlighted remarks by US President Donald Trump on Friday, praising Prime Minister Narendra Modi as a leader who "gets things done," while expressing confidence that the relationship between the two countries will strengthen in the coming...
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    Fuel Prices Stable as India Implements Excise Duty Changes

    New Delhi, March 27 The government has reduced excise duty on petrol to Rs 3 per litre and exempted diesel from the duty, aiming to protect consumers from the impact of rising global crude prices amid the ongoing conflict in the Middle East.Global crude prices have increased by almost 50 per...
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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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    India’s Fuel Retailers Respond to Rising Crude Prices

    New Delhi, March 27 The government has reduced excise duty on petrol to ₹3 per litre and completely exempted diesel, aiming to help oil marketing companies like HPCL, BPCL, and IOC cope with rising global crude prices amid the Middle East conflict.The Finance Ministry, in a notification dated...
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    Fuel Supply Challenges Ahead for Australia

    Canberra, March 27 – Australia's fuel supply looks stable in the short term, but it will become more challenging in the coming months, said Australian Prime Minister Anthony Albanese on Friday.Addressing a press conference in Parliament House in Canberra regarding the escalating fuel crisis...
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