Tokyo/New Delhi, April 15 (IANS) External Affairs Minister (EAM) S Jaishankar on Wednesday underlined India’s strong commitment to safe and unimpeded transit passage of maritime shipping while assuring that India will continue to work with like-minded partners to develop supply chain resilience. Delivering remarks at the AZEC-Plus meeting convened by Japan to discuss supply chain disruptions in the energy markets, EAM Jaishankar reiterated New Delhi’s stance that attacks on merchant shipping a…
Latest Asian Development Bank (ADB) News & Updates
Mumbai, April 10 (IANS) Global crude oil traded higher on Friday as fresh attacks on Saudi energy infrastructure and persistent concerns over disruptions in the Strait of Hormuz kept investors on edge, amid a two-week ceasefire announced by US President Donald Trump.The international benchmark Brent crude futures rose as much as 1.13 per cent to $97.01 per barrel, while US West Texas Intermediate (WTI) traded at $99.24 in early trade, up 1.39 per cent.Oil prices slipped to nearly 20 per cent bel…