Muscat, April 26 (IANS) Iranian Foreign Minister Seyed Abbas Araghchi met Oman’s Sultan Haitham bin Tariq on Sunday to discuss bilateral ties, regional developments, and ongoing diplomatic efforts to resolve the regional crisis. During the meeting, Araghchi briefed the Sultan about Iran’s stance on the latest developments in West Asia after the joint Israel-US strikes against Iran. He expressed appreciation for Oman’s support for dialogue and promoting efforts aimed at enhancing security and sta…
Latest Strait of Hormuz News & Updates
New Delhi, April 26 (IANS) More than 51.8 lakh domestic LPG cylinders were delivered on Saturday as the supply of cooking gas continues to be normal with no dry-outs being reported at retail distributorships, according to the update issued by the Ministry of Petroleum and Natural Gas on Sunday.Besides, 5.45 lakh PNG connections have been gasified, and infrastructure has been created for an additional 2.62 lakh connections since March this year. More than 42,500 PNG consumers have also surrendere…
New Delhi, April 26 (IANS) Pakistan is grappling with deepening economic stress as the fallout from the ongoing tensions linked to the US-Iran conflict continues to disrupt global energy supplies, pushing fuel prices higher and straining the country’s already fragile economy, a report has said.While diplomatic efforts are underway, with Islamabad actively engaging to de-escalate the situation, there is still no final resolution in sight, as per The News International report.The continued uncer…
New Delhi, April 26 (IANS) Peace between the United States and Iran remains achievable despite ongoing tensions, as both sides continue to signal willingness for negotiation even amid military and economic pressure, according to an analysis.The article, by Collins Chong Yew Keat and published by Eurasia Review, argues that evolving battlefield realities and diplomatic manoeuvres are gradually pushing both Washington and Tehran toward a negotiated settlement rather than prolonged conflict.It high…
Tehran, April 26 (IANS) Iran’s main military command, Khatam al-Anbiya Central Headquarters, vowed to react if the United States continues its “blockade, banditry and piracy” in the West Asia region.It made the announcement in a statement carried by Iranian media while pointing to the US naval blockade imposed on the Strait of Hormuz, which prevents vessels traveling to and from Iranian ports from transiting the waterway, and actions against Iran-bound ships over the past few days, Xinhua news a…
New Delhi, April 25 (IANS) Domestic investors raised their shareholding to a record 29 per cent in Indian equities, offsetting the decline in foreign participation, a new report has said.Foreign portfolio investor (FPI) ownership in Indian equities dropped to its lowest level in 16 years in the March quarter, the report from Morgan Stanley said.Domestic ownership in the listed universe surged 40 basis points from the previous quarter. With the increase primarily driven by domestic institutions, …
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
Tokyo, April 25 (IANS) Japanese Prime Minister Sanae Takaichi has held a key meeting on the situation in the Middle East and said Japan expects to secure around 60 per cent of its crude oil needs for May through routes that do not pass the Strait of Hormuz.The PM’s Office of Japan, quoting Sanae Takaichi, wrote on X: “I held a Ministerial Meeting on the Situation in the Middle East. Regarding alternative crude oil procurement that does not pass through the Strait of Hormuz, we have an outlook fo…
Tehran, April 24 (IANS) Iranian Foreign Minister Seyed Abbas Araghchi will be travelling to Pakistan, Oman and Russia starting Friday night, local media reported. Araghchi’s visit is aimed to hold bilateral discussions on current developments in the region as well as the latest situation in the West Asia conflict, Iran’s state-run Islamic Republic News Agency (IRNA) reported.Earlier in the day, Araghchi held telephonic conversation with Pakistan’s Deputy Prime Minister Ishaq Dar, with discussion…
New Delhi, April 24 (IANS) The Ministry of Petroleum and Natural Gas said on Friday that more than 81,000 small 5 kg LPG cylinders were sold across the country, bringing the total to 17.83 lakh during April. “So far, the supply of domestic LPG continues to be normal, with no dry-outs being reported at retail distributorships,” the ministry informed.The 5 kg LPG cylinders are used by migrant workers in urban areas for cooking.Besides, 5.27 lakh PNG connections have been gasified, and…