Tag: oil crisis

Do not foresee any requirement to import petrol or diesel: Petroleum Ministry

April 27, 2026 admin

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The government does not foresee any situation where the country may be required to import petrol and diesel, Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas (MoPNG), told reporters at the inter-Ministerial briefing on West Asia on Monday (April 27,…

Business

Power Minister stresses energy security amid global tensions

March 20, 2026 admin

Union Minister of Power Manohar Lal. File picture | Photo Credit: ANI Union Power Minister Manohar Lal on Friday (March 20, 2026) stressed the importance of energy security amid the ongoing geopolitical tensions. Addressing a ministerial meet at the Bharat Electricity Summit 2026, Lal called for coordinated efforts between the Centre and States to ensure…

Business

Trump temporarily waives maritime shipping law to ease energy costs

March 18, 2026 admin

U.S. President Donald Trump’s move to issue a 60-day Jones Act waiver would lift a ban on foreign-flagged vessels transporting cargo between U.S. ports over this period. File | Photo Credit: Reuters U.S. President Donald Trump on Wednesday (March 18, 2026) temporarily waived a century-old shipping law to help ease energy costs that have surged…

World

Iran-Israel war LIVE: Saudi Arabia intercepts ballistic missiles as new attacks reported; Israel launches new strikes on Beirut’s suburbs

March 11, 2026 admin

Saudi Arabia said Wednesday it had intercepted seven ballistic missiles in separate attacks targeting an air base and its eastern region, as Iran renewed fire on its Gulf neighbours. “Six ballistic missiles launched towards Prince Sultan Air Base intercepted and destroyed,” the Saudi defence ministry posted on X, adding in a separate post that it…

World

Macron to host G7 leaders call on Iran crisis, energy prices

March 11, 2026 admin

France’s President Emmanuel Macron | Photo Credit: via Reuters French President Emmanuel Macron will convene a call ‌with leaders of the Group of Seven on Wednesday (March 11, 2026) to ⁠discuss the Iran crisis and rising energy prices, the French president’s office said. The ‌talks come as G7 governments weigh how to respond ‌to a…

World