The ongoing crisis in the Middle East has brought the Strait of Hormuz to the brink of closure, disrupting global oil supplies and forcing Gulf nations like UAE, Iraq and others, to slash production. With storage tanks filling rapidly, analysts warn of the growing risk of a total production shutdown if output is not carefully…
China’s oil imports rose nearly 16 percent in the first two months of 2026, adding to its growing energy stockpile. Source link
The government has eased foreign direct investment (FDI) norms for countries sharing land borders with India, including China, by amending Press Note 3 of 2020, government sources said on Tuesday, reported news agency PTI.The decision was approved at a Union Cabinet meeting chaired by Prime Minister Narendra Modi, sources added.Under Press Note 3 introduced in…
The Federal Aviation Administration issued a ground stop for JetBlue flights early Tuesday at the airline’s request. JetBlue later said a “system outage” had been restored and that operations had resumed. Source link
Concern that oil production and shipment from the region will remain limited has lifted the price of crude oil — the largest factor in the cost of a gallon of gas — sharply. Source link
Russian President Vladimir Putin on Monday (local time) warned that the US-Israeli war on Iran has pushed global energy markets into crisis, saying oil flows linked to the Strait of Hormuz could face a complete halt in the coming weeks. He also said Russia remains open to restoring long-term energy cooperation with European nations if…
As cruises gain popularity among travelers, here’s what to know before setting sail down a river. Source link
he US Dollar stands to gain on surging oil prices as the US is energy dependent. (AI image) Gold price prediction today: Gold prices are competing with the strength in dollar amidst the Middle East crisis, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan:Gold Performance: In the week ending…
Skyrocketing budgets and falling profitability have driven a new form of offshoring, with U.S. producers staging shows across the Atlantic. Source link
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in green on Tuesday after a major selloff on Monday amidst US-Iran war and oil price uncertainty. While Nifty50 went above 24,150, BSE Sensex was up over 580 points. At 9:16 AM, Nifty50 was trading at24,186.90, up 159 points or 0.66%. BSE…
