Jaipur, March 10 (IANS) Rajasthan Food and Civil Supplies Minister Sumit Godara said on Tuesday that the global energy market has been affected due to international supply disruptions and war-like conditions prevailing in the Gulf region. He said that over the past month, crude oil prices in the international market have increased by approximately 34 per cent.He informed that, in view of the current situation, directions have been issued to Oil Marketing Companies (OMCs) to ensure that common co…
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New Delhi, March 10 (IANS) Assocham on Tuesday cautioned that a prolonged regional conflict in West Asia, amid escalating tensions involving the United States, Israel and Iran, could disrupt global trade and affect India’s energy supplies and exports.The apex industry chamber said India’s economy is closely linked to West Asian supply chains while also relying heavily on the Gulf region as a key export destination.The Middle East remains a major supplier of crude oil, liquefied natural gas (…
New Delhi, March 9 (IANS) BJP MP Anurag Thakur on Monday said the government had already clarified India’s position on the evolving West Asia crisis, noting that External Affairs Minister, S. Jaishankar, had given a detailed statement in Parliament covering issues ranging from the safety of Indians in the region to the country’s energy security, while accusing the Opposition of remaining confused over its stand on the issue.Speaking to reporters, Thakur said that in the present global circum…
New Delhi, March 9 (IANS) Opposition MPs, led by Leader of Opposition in the Lok Sabha, Rahul Gandhi, staged a protest in the Parliament complex on Monday, accusing Prime Minister Narendra Modi of maintaining “complete silence” on the ongoing Gulf conflict and its potential impact on India’s economy and citizens abroad.Sharing details of the protest on X, Congress MP and General Secretary K. C. Venugopal said that MPs from the INDIA bloc demonstrated against what they described as the Prime Mi…
New Delhi, March 9 (IANS) External Affairs Minister (EAM) S. Jaishankar on Monday informed the Rajya Sabha that Prime Minister Narendra Modi is closely monitoring the evolving situation in West Asia, stressing that the conflict is of particular concern to India because of the large number of Indian citizens living and working in the Gulf region.At the beginning of the session, Leader of Opposition Mallikarjun Kharge attempted to raise the issue of the death of Indian nationals during the ongoing…
New Delhi, March 8 (IANS) Domestic airlines are scheduling to operate additional non-scheduled flights from the Gulf region on Sunday, subject to approvals from Indian and local authorities, amid the ongoing Middle East tensions.Due to continuing airspace restrictions in other parts of West Asia, the airlines will operate additional non-scheduled flights on March 8.“Air India will run extra flights between Delhi and Mumbai and Dubai in the United Arab Emirates. Air India Express will also oper…
New Delhi, March 7 (IANS) The Ministry of External Affairs (MEA) said on Saturday that more than 52,000 Indian nationals have been safely brought back from the Gulf region to India between March 1 and March 7, following the outbreak of war in West Asia. The MEA said that of these, 32,107 passengers travelled on Indian carriers, while the rest were flown by foreign airlines.MEA Spokesperson Randhir Jaiswal said that the Government of India has been continuously monitoring developments in W…
New Delhi, March 7 (IANS) Air travel between India and the Gulf region is gradually resuming amid disruptions caused by the ongoing Iran-Israel conflict, with airlines including Air India and IndiGo announcing special and scheduled flights on Saturday to bring back stranded passengers.Flight operations between India and several Middle Eastern destinations had been severely affected after multiple countries in West Asia temporarily closed their airspace due to the conflict between Iran and Israel…
Washington, March 7 (IANS) US Treasury Secretary Scott Bessent indicated that Washington could temporarily ease some restrictions on Russian oil supplies and allow India to continue purchasing to stabilize global energy markets during the ongoing Middle East conflict.In an interview with Fox Business, Bessent said the United States had already allowed India some flexibility as global supply disruptions pushed prices higher.“The Indians had been very good actors. We had asked them to stop buyin…
Washington, March 7 (IANS) The United States unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilising trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance Corporation (DFC) and the US Department of the Treasury following President Donald Trump’s approval of a detailed implementation strategy.DFC Chief Executive Officer Ben Black and Treasury Secretary Scott Bessen…