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The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.
Crude oil prices spiked nearly 2% after US President issued a dramatic warning amid escalating tensions between Israel and ...
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
Sheth anticipates an extended conflict between Israel and Iran over the forthcoming weeks. He expects markets to maintain a ...
The surge in crude prices following Iran-Israel battle is raising concerns across India’s industrial landscape as it would ...
Usually, as per economists, an increase of $10 per barrel on crude oil prices leads to about 0.4%-0.6% increase in inflation.
After a strong recovery on Monday, Indian markets are expected to open steady on Tuesday as investors assess cooling ...
India's goods exports experienced a slight contraction of 2.3% in May, mirroring a 2.8% dip in imports, leading to a reduced ...
Hardeep Puri said India imported 80 per cent of oil and 50 per cent of natural gas, adding that even a 5-billion-barrel ...
State-owned ONGC and Oil India carrying out deepwater exploration campaigns in Andaman basin, but no commercial discoveries ...
According to GTRI, instability around the Strait of Hormuz, with nearly two-thirds of Indian crude oil and half of its LNG imports passing through it, is the key risk for India ...
Israel-Iran conflict is troublesome for India’s macroeconomic position as the country is a net importer of fuel. But oil ...
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