Wednesday , June 24 2026

Tag Archives: India

As US-Iran deal announcement paves way for Hormuz reopening, what lies ahead for India & oil markets

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, on 15 June. | Reuters

Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …

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IMEC in the crossfire: How an Iran-Israel war could reshape India’s West Asia strategy

A thick plume of smoke rises from an oil storage facility hit by a US-Israeli strike late Saturday in Tehran, Iran. (Photo: AP)

For India, the challenge will be to pursue connectivity ambitions while carefully managing the geopolitical risks associated with a volatile West Asia The India-Middle East-Europe Economic Corridor (IMEC), announced during the G20 summit in New Delhi in September 2023, is one of the most ambitious connectivity initiatives linking Asia, West …

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PM reviews oil, gas supply as analysts warn reliance on imports leaves India open to war disruptions

As Iran war enters 11th day, government prioritises household gas supply, boosts LPG output and invokes Essential Commodities Act amid concerns over potential shortages. New Delhi: Prime Minister Narendra Modi Tuesday met External Affairs Minister S. Jaishankar and Petroleum Minister Hardeep Singh Puri to review India’s oil and gas situation …

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