Global energy security at risk? Gas prices jump 50% as Qatar shuts world’s largest LNG export plant amid US-Iran war

Qatar has halted the production of liquefied natural gas (LNG) at the world’s largest export facility after it was targeted in an Iranian drone attack, triggering a sharp spike in European gas prices and sending shockwaves through global energy markets. According to a Bloomberg report, European gas prices surged more than 50% following the shutdown…

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‘Whatever fight Trump has done’: Rajeev Shukla’s ‘Nobel Prize’ jibe at US President over Iran war, Khamenei killing

Congress leader Rajeev Shukla on Monday made a sarcastic comment aimed at Donald Trump, suggesting that the US President should be awarded the Nobel Peace Prize for the number of conflicts he has ’caused.’ “Given the number of fights and conflicts Trump has caused, he surely deserves a Nobel Peace Prize,” Shukla, the Rajya Sabha…

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Wall Street slumps as investors fear prolonged Middle East conflict, energy & defense stocks rally

Major Wall Street stock indices slumped sharply on Monday as investors braced for a protracted Middle East conflict. The downturn follows joint US-Israeli strikes on Iran that resulted in the death of its Supreme Leader, triggering a geopolitical crisis. In retaliation, Tehran launched a barrage of missiles targeting Israel and American bases throughout the Gulf….

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Cathay Pacific, AirAsia

Global airline stocks such as Hong Kong’s Cathay Pacific, Malaysia’s AirAsia The Middle East conflict not only led to a spike in crude oil prices — a key input cost for the airlines — but also caused travel disruptions, forcing air closures and cancellations of flights as key Middle Eastern hubs, including Dubai and Doha,…

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US-Israel Attacks Iran: ‘India soon…’, Amidst the war in the Middle East, PM Modi first called UAE and then his ‘friend’, know what happened

Amidst the increasing tension in the Middle East, Prime Minister Narendra Modi spoke to Benjamin Netanyahu on phone. During this, he stressed the need for ceasefire in the area as soon as possible. Prime Minister Modi wrote on social media platform He said that India appeals to establish peace soon and stop violence. In the…

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