Iran’s army gave important information to the world on Thursday. Iran has said that it has a large stockpile of suicide drone bots. These are being used to block the Strait of Hormuz. Iran’s government TV channel also released a footage regarding this. It has been filmed in an underground complex. Officials call it a…
As India grapples with a persistent LPG supply crisis, reports of cooking gas cylinder thefts have emerged from Bengaluru. According to the Deccan Heraldat least two separate instances of cylinder pilferage from residential neighborhoods have been confirmed in Karnataka’s capital city. A video posted by the Press Trust of India on X (formerly Twitter) provides…
Wall Street’s major stock indices opened mixed on Friday, as investors assessed a set of economic data to gauge the Federal Reserve’s interest rate outlook amid the escalating Middle East turmoil. At the opening bell, the Dow Jones Industrial Average rose 11.4 points, or 0.02%, to 46,689.24. The S&P 500 fell 0.9 points, or 0.01%,…
Loud explosions were heard in Dubai city of United Arab Emirates on Friday, shaking buildings in the central parts of the city and spreading a thick cloud of black smoke. This happened near the Burj Khalifa building. An AFP correspondent said he heard a huge double blast, which shook buildings and left a huge cloud…
The International Energy Agency (IEA) said on Thursday the Middle Eastern conflict is generating the “largest supply disruption” in the annals of the worldwide petroleum market, as Tehran’s grip on regional inventories compels Gulf nations to curtail output. In its market report, the IEA stated crude extraction was presently reduced by at least 8.0 million…
Major US equity benchmarks opened lower on Thursday as crude oil prices climbed to $100 a barrel. At the open, the Dow Jones Industrial Average fell 174.7 points, or 0.37%, to 47242.52. The S&P 500 fell 34.9 points, or 0.52%, to 6740.88, while the Nasdaq Composite dropped 189.5 points, or 0.83%, to 22526.585. Source
Amid reports of shortage of cooking gas supply across India, the central government on Thursday announced that 20% of the average monthly commercial LPG requirement will be allocated from today, March 12, by the oil marketing companies (OMCs) in coordination with the state governments so that there is no hoarding or black marketing. The announcement…
In view of the ongoing crisis in Iran, the central government has formed a three-member group of ministers to closely monitor the situation and deal with the possible impacts. This high level committee will be headed by Home Minister Amit Shah. However, the government says that right now no significant impact is being seen on…
How helpless Donald Trump has become by waging war against Iran in the Middle East can be gauged from his changed stand on purchasing Russian oil. America, which entered the war against Iran, probably had no idea that it would be able to survive the war for so long and this was the reason why…
After the war in the Middle East started, America claimed that it had given India a 30-day exemption to buy Russian oil. US Finance Minister Scott Besant said that this step has been taken to remove obstacles in global oil supply. On this statement from the Trump administration, Russian Ambassador Denis Alipov bluntly said that…
