"The US President's statements are within the framework of efforts to reduce energy prices and gain time to implement his military plans," the ministry stated.
India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.
Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.
Karex, the Malaysian company that makes roughly one in five of the world's condoms -- about five billion a year, supplying Durex and Trojan among others -- announced this week that it is raising prices by up to 30 percent. The reason is the Strait of Hormuz.
US President Donald Trump threatened to bomb Iran if a deal is not reached before the ceasefire ends, while Pakistan urged both sides to extend the truce and pursue diplomacy.
R Praggnanandhaa leads a fearless new generation at the Candidates 2026 as veterans face a shifting chess landscape ahead of a world title clash.
Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.
Donald Trump's inconsistent statements and actions regarding the conflict with Iran have drawn criticism and confusion, raising questions about American credibility and the direction of US foreign policy.
The Congress party has criticised the Indian government's diplomatic strategy, claiming a 'severe setback' if reports of Pakistan mediating between the US-Israel and Iran are accurate. The party alleges Pakistan's diplomatic engagement has surpassed India's, despite military successes.
The US President clarified that these negotiations do not involve the new Supreme Leader, Mojtaba Khamenei.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
'We are getting used to the constant alerts to take shelter, listening to sonic booms from jets flying above us, hearing news of neighbouring ports being targeted, and being the only ship in the terminal.'
'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'
R. Vaishali, the newly-crowned Candidates champion, exemplifies quiet intensity and strong values, nurtured by a supportive family, as she prepares for the World Championship showdown against Ju Wenjun.
Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
Former Maldives President Mohamed Nasheed advocates for building democratic institutions over military intervention in resolving international conflicts, particularly in the context of the escalating West Asia crisis. He also discusses the impact of the conflict on the Maldives' tourism-dependent economy and calls for a stronger, more understanding India in the Indian Ocean Region.
Union Minister Pralhad Joshi assures that the Indian government is prepared to bring back Indians stranded in the Gulf region due to the Iran-Israel conflict and disruptions in Dubai, emphasizing citizen safety as the top priority.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.
An Iranian missile strike targeted the town of Beit Shemesh, located west of Jerusalem, resulting in significant casualties and structural devastation, as reported by Al Jazeera. The strike caused extensive damage earlier Sunday to several buildings, with one structure completely collapsing under the impact.
'Our diplomacy should have been focused on preventing war and avoiding the inevitable disruptions it would cause, posing a real risk to India's growth story,' asserts former foreign secretary Shyam Saran.
John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.
Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of aligning with forces that attack minorities, during election rallies in Kerala. He also criticised the CM on other issues including alleged corruption and economic failures.
Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.
The White House has responded cautiously to reports of Pakistan offering to mediate between the US and Iran, amid ongoing tensions and potential talks.
We, Indians, forgot that for Pakistan, Kashmir dispute and blood feud with India is the raison detre for its existence. It is also the excuse with which the Pak army keeps its grip over the state. Peace in Kashmir and between India and Pakistan is against the interests of the Pak army, points out Colonel Anil A Athale (Retd).
Following US and Israeli strikes in Iran, reports have surfaced questioning the wellbeing of Supreme Leader Ayatollah Khamenei, prompting a swift denial from Iranian officials and condemnation of the military action.
India has firmly denied allegations that the US Navy is using its ports to launch attacks against Iran, reaffirming its commitment to strategic autonomy and non-alignment in international conflicts.
Travel disruptions following airspace closures in the Gulf have forced Daniil Medvedev and Andrey Rublev to miss an Indian Wells exhibition, while an ATP Challenger in Fujairah was cancelled amid security concerns.
The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.
'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'
A French soldier was killed while several others were injured in an attack in the Erbil region of Iraq, French President Emmanuel Macron confirmed. Macron, in a post on X, confirmed that Chief Warrant Officer Arnaud Frion of the 7th Battalion of Chasseurs Alpins lost his life in the attack.
Stepping up its offensive, Israeli military killed 26 Palestinians, including eight members of a family, in overnight raids on the Hamas-ruled Gaza Strip, taking the death toll to more than 300 in the 12-day long conflict that has displaced thousands.
At least 101 people are missing and 78 are injured after a suspected submarine attack on an Iranian naval ship off Sri Lanka's southern coast on Wednesday, Reuters quoted sources in Sri Lanka's Navy and defence ministry as saying.
Petrol diesel price today March 20, 2026: IOCL & HPCL hike premium petrol (XP95, Speed, Power) by 2/litre and industrial diesel by 22/litre. Regular petrol in Delhi 94.77, diesel 87.67 unchanged. Full city-wise rates inside.
Following a US agreement to a ceasefire, Iran claims victory and outlines conditions for a lasting peace deal, including control over the Strait of Hormuz and the removal of sanctions.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
The ICC said the South African contingent had begun departing for home on Wednesday with "four players and five family members having boarded the flight".
'TTP has vowed to take revenge for the attacks that Pakistan is carrying out against Afghanistan.' 'To diminish this threat, Pakistan is hitting Afghanistan hard.'
Trump claims the United States is performing exceptionally well in its ongoing conflict with Iran, citing weakened Iranian military capabilities and a strong US position.
