One of the most severe impacts has been at , where the destruction of two LNG trains has reduced capacity by around 17 per cent, or 12.8 million tonnes per year. Recovery could take up to five years, Rystad said, due to limited global supply of key gas turbines, which already face production backlogs of…
US President Donald Trump on Thursday claimed to have stopped eight wars, and said they would repeat the feat in Iran too. Trump, while delivering remarks at the NRCC Annual Fundraising Dinner, said that there has never been a head of a country who wanted that job less than being the head of…
Commercial LPG supplies have also been adjusted to ease pressure on household consumption. The government has restored 50 per cent allocation of commercial LPG to sectors such as restaurants, hotels, industrial canteens and food processing units, while prioritising hospitals, educational institutions and community kitchens. In addition, 48,000 kilolitres of kerosene have been allocated to states…
 A prolonged conflict in the region can be detrimental to the economy, placing pressure on inflation, exchange rate, trade and capital flows, the balance of payments, and the current account deficit, the ministry warned in its monthly economic review. Sectors like fertilisers and petrochemicals, dependent on LNG and crude whose prices have risen…
1 min read Last Updated : Mar 03 2026 | 5:40 PM IST QatarEnergy halted the production of aluminum and some chemicals as it grappled with the consequences of Iranian attacks that forced the shutdown of its major liquefied natural gas plant.  Aluminum prices rallied as much as 3.8 per cent on the…
Oil and gas shipping remains largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas, as a regional conflict escalates and Iran cranks up threats to vessels transiting through the chokepoint. Â On Sunday, a trickle of vessels were moving out of the waterway, which is…
However, east of the Sinai Peninsula, it was the Asiatic Lion (Panthera leo persica) that lorded over much of the Middle East (West Asia) and the Indian subcontinent. In 2017, scientists reclassified lions into ‘northern’ (Panthera leo leo including west and central African and Asiatic lions) and ‘southern’ (Panthera leo melanochaita or southern and east…
External Affairs Minister S Jaishankar on Saturday held separate phone conversations with Iranian Foreign Minister Seyed Abbas Araghchi and his Israeli counterpart Gideon Sa’ar as the Middle East reeled under massive tension following a joint US-Israel military offensive against Iran. Jaishankar conveyed to Araghchi India’s deep concern over the developments in Iran and…