As global oil markets reel from sharp price spikes triggered by the ongoing West Asia conflict, the Indian government has opted to absorb a substantial fiscal burden rather than pass on the full impact to consumers, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Friday. Framing the decision as a policy trade-off, Puri…
Petrol and diesel prices across several Indian cities remained largely unchanged on Tuesday, 17 March. Steady rates for petrol and diesel are holding in India, even as global oil markets see volatility, driven by tensions linked to the conflict in the Middle East, an effective halt to the trade through the Strait of Hormuz, and…
Former US President Donald Trump said in an interview with CBS News on Monday that he feels the ongoing war against Iran is almost over. He said that this conflict has extended much further than his initial estimate of four to five weeks. The Islamic Revolutionary Guard Corps (IRGC) reacted to Trump’s statement. The organization…
