middle east

Korea to Reroute Energy Lifeline: Saudi Pledges Priority Oil Shipments Amid Red Sea Push Seoul authorities are rapidly pivoting energy strategies as crucial Middle Eastern shipping lanes face disruption. South Korea is actively seeking alternative oil supply routes, with Saudi Arabia reportedly...

US Distraction Opportunity: How Middle East Tensions Could Let China Expand Influence Across Asia Geopolitical Shifts: Middle East Conflict Creates Strategic Openings for China The ongoing conflict in the Middle East is generating strategic shifts that extend far beyond its immediate...

New Delhi, April 11 – American billionaire and investor Ray Dalio has stated that the most critical and consequential phase of the Iran conflict is yet to come, warning that a decisive "final battle" for control of the Strait of Hormuz will determine not just the outcome of the current war, but...

New Delhi, April 10 As the world scrambles to recover from the biggest energy shock in decades triggered by the West Asia conflict, India should be cautious about relying on traditional supply assumptions, particularly its proximity to the Middle East for sourcing oil and gas, ONGC Chairman and...

Seoul, April 10 – Seoul shares continued their gains on Friday morning, mirroring overnight advances on Wall Street, fueled by optimism surrounding upcoming negotiations between the United States and Iran following their two-week ceasefire agreement in the Middle East conflict.The benchmark...

Mumbai, April 9 The rupee depreciated by 17 paise to 92.71 against the US dollar in early trading on Thursday as the fragile ceasefire and Iran's threat to withdraw from talks if Israel continued bombing Lebanon kept investors wary.Forex traders said that the market is in a wait-and-see mode...

Mumbai, April 8 – The Reserve Bank of India maintained its key policy rate unchanged on Wednesday, adopting a cautious approach while assessing the impact of the six-week Iran conflict on energy supplies, inflation, and economic growth.The central bank's Monetary Policy Committee voted...

New Delhi, April 7 Indian airlines have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.The widespread closure of key transit corridors forced...

New Delhi, April 7 Gold prices fell by Rs 610 to Rs 1.49 lakh per 10 grams in futures trading on Tuesday as rising crude oil rates and escalating tensions in the Middle East dampened demand for the safe-haven asset and kept investors cautious.On the Multi Commodity Exchange, the yellow metal...

Seoul, April 7 – South Korea has secured an additional 60 million barrels of alternative oil supplies for May, which will replace supplies from the Middle East that have been disrupted due to the effective closure of the Strait of Hormuz, the government said on Tuesday.The country has secured...

New Delhi, April 5 Leading FMCG makers reported resilient growth in the March quarter of FY26, amid a stable demand environment, posting healthy revenue expansion, even though geopolitical tensions in the Middle East markets remained a concern.The makers, such as Marico, Dabur, and AWL Agri...

New Delhi, April 4 – The government on Saturday dismissed reports and social media claims that an Iranian crude oil cargo was diverted from Vadinar in India to China due to payment issues, calling them “factually incorrect” and misleading.The Ministry of Petroleum and Natural Gas has clarified...

New Delhi, April 3: Sentiment towards India's IT services sector has turned more negative amid rising global uncertainties, although investors remain hesitant to make strong directional bets, a report said on Friday.BNP Paribas India said in its report that while uncertainty has increased...

Seoul, April 2 – South Korea has secured approximately 50 million barrels of alternative oil supplies for this month to replace supplies from the Middle East, which have been disrupted due to the effective closure of the Strait of Hormuz, government officials said on Thursday, pledging continued...

Singapore, March 31 Joint ventures between businesses from India and Singapore are poised to benefit from potential opportunities in redevelopment in West Asia once the region stabilizes, a senior industry leader said on Tuesday.India and Singapore have built a bilateral partnership over the...

Reliance Industries Shares Plunge 4.6% Amid Market Volatility, Rs 87,014 Crore Wiped Off New Delhi, March 27 – Shares of Reliance Industries Limited (RIL) witnessed heavy selling on Friday, falling 4.6 per cent, which led to a reduction of Rs 87,014 crore in the company’s market capitalization...

New Delhi, March 27 – Crude oil prices rebounded to trade nearly 2% higher in domestic futures on Friday, driven by global energy gains and heightened geopolitical tensions in West Asia.On the Multi Commodity Exchange (MCX), April crude oil opened lower at ₹8,820 per barrel but surged ₹143, or...

New Delhi, March 26. Flight operations from the Middle East to India are improving as more flights arrive from the war-affected region.Around 80 flights were expected to arrive from various airports in the UAE on Thursday, as airlines are operating a limited number of non-scheduled flights...

Brent Crude and WTI Prices Rise Mumbai, March 26 – Global oil prices jumped to above $100 per barrel on Thursday following a statement from Iran indicating it was not in direct negotiations with the United States to end the conflict in the Middle East.Brent crude futures rose by 1.21 percent...

Mumbai, March 25 The rupee plunged by 20 paise to close at a fresh record low of 93.96 against the US dollar on Wednesday as heavy outflows from foreign investors and rising tensions in the Middle East kept investors on edge.Even a decline in global crude oil prices, a weaker US dollar, and...