middle east

FarEye Sees Rising Demand From Global Postal Operators Amid E Commerce and Logistics Expansion New Delhi, March 15 Software as a service company FarEye is witnessing strong growth momentum from postal operators across the world as they modernize their systems to handle the next phase of parcel...

Australia Faces Jet Fuel Supply Risks as China Halts Fuel Exports Amid Middle East Uncertainty New Delhi, March 14: Australia’s exposure to liquid fuel shortages and potential price spikes has intensified after reports that China has instructed its oil refiners to halt fuel exports, raising...

Indian LPG Tankers Shivalik and Nanda Devi Safely Exit Strait of Hormuz Amid Middle East Tensions Indian-Flagged LPG Vessels Cross Key Energy Shipping Route New Delhi, March 14: Two Indian-flagged liquefied petroleum gas tankers have safely crossed the strategically vital Strait of Hormuz after...

Five US Air Force Refueling Aircraft Damaged in Missile Strike at Saudi Base Tanker Aircraft Hit During Iranian Missile Attack at Prince Sultan Air Base Five US Air Force refueling aircraft were struck and damaged while on the ground at Prince Sultan Air Base in Saudi Arabia during an Iranian...

Air India and Air India Express Schedule 80 Flights to West Asia Amid US-Israel Iran Conflict; IndiGo Introduces Fuel Surcharge Air India Group Continues West Asia Operations with Scheduled and Non Scheduled Flights New Delhi, March 14: Air India and Air India Express are set to operate a total...

US Temporarily Eases Sanctions on Russian Oil Shipments Amid Global Supply Concerns Move Aims to Stabilize Energy Markets During Iran War Disruptions The United States is temporarily easing certain sanctions on Russian oil shipments as global energy markets face supply pressures linked to the...

United States Temporarily Authorizes Sale of Russian Oil Amid Middle East TensionsWashington, March 13 The United States is temporarily allowing the sale of Russian oil already at sea, the Treasury Department announced on Thursday, as global energy prices surge following US-Israeli strikes on...

Global Banks and Tech Firms Shut Offices Across West Asia as Iran Threatens Economic Targets Rising Tensions Trigger Precautionary Corporate Shutdowns Global banks, consulting firms, and technology companies have begun closing offices and shifting employees to remote work across parts of West...

Global Oil Prices Surge Over 8% as Middle East Tensions Spark Supply Concerns Mumbai, March 12: Global crude oil prices surged sharply on Thursday as markets reacted to growing concerns over potential supply disruptions linked to the escalating tensions in the Middle East.Despite a major...

South Korean Won Weakens as Oil Prices Surge Amid Middle East Tensions Won Falls Against Dollar at Market Open The South Korean currency weakened against the US dollar on Thursday as rising global oil prices and escalating geopolitical tensions in the Middle East weighed on markets.The won...

Sri Lanka Raises Fuel Prices Over 8% as Global Oil Surge Triggers Panic Buying Retail Fuel Prices Increased to Control Hoarding Sri Lanka has raised retail fuel prices by more than 8 percent, effective from midnight on Monday, as authorities attempt to curb hoarding and panic buying following...

Crude Oil Prices Drop Nearly 6% As Hopes of Middle East De-escalation Emerge Crude oil prices declined sharply on Tuesday, retreating from the previous session’s highs as markets reacted to growing expectations of easing tensions in the Middle East.Brent crude futures fell by $6.51, or 6.6...

Gold and Silver Hold Near Recent Levels as Investors Track Middle East Developments and Dollar Moves Gold and silver prices remained relatively stable in early trading on Tuesday as investors continued to monitor geopolitical developments in the Middle East and movements in the US dollar.Gold...

Gold and Silver Hold Near Recent Levels as Investors Track Geopolitics and Dollar Movements Gold and silver prices remained relatively stable in early trading on Tuesday as investors closely monitored geopolitical developments in the Middle East and movements in the US dollar. Precious metals...

Government Calls for Transparent Petroleum Pricing Seoul, March 9: South Korea’s Industry Minister Kim Jung-kwan on Monday urged major oil refiners to avoid excessive fuel price increases as international crude oil prices surge due to the ongoing tensions in the Middle East.During a meeting in...

Aluminum Hits Nearly Four Year High as Middle East Conflict Disrupts Supply Aluminum prices climbed to their highest level in almost four years on Monday as escalating hostilities in the Middle East intensified concerns over supply disruptions from the region. While aluminum advanced sharply...

Oil Prices Near $110 as Donald Trump Defends Spike Amid Iran Conflict Trump Calls Oil Price Surge a ‘Small Price to Pay’ for Global Security US President Donald Trump has defended the recent surge in crude oil prices, saying the increase is a necessary cost for ensuring global safety amid...

Government Issues SOP for Major Ports to Manage West Asia Disruptions The Ministry of Ports, Shipping and Waterways has issued a standard operating procedure for major ports to manage operational challenges arising from the geopolitical disturbance in West Asia, particularly for containers and...

Gold and Silver Prices Rise as US–Iran Tensions Lift Safe Haven Demand Gold and silver prices advanced on Thursday as intensifying geopolitical tensions in the Middle East and currency movements influenced global bullion markets. The rally reflects renewed safe haven demand alongside broader...

Indian Stock Market Opens 2% Lower as Middle East Tensions Rattle Global Equities Mumbai, March 4: Indian equity benchmarks opened sharply lower on Wednesday, mirroring weak global cues and heavy short positioning by foreign institutional investors in index futures amid intensifying geopolitical...