Seoul, March 8 (IANS) The government is considering adopting a price cap system for oil for the first time in nearly 30 years, sources said on Sunday, amid concerns over rising energy prices following the escalating conflict in the Middle East.Officials began reviewing the possibility after surging global crude prices were reflected almost immediately in domestic fuel prices, rather than after the typical two-week lag, following U.S.-Israeli strikes on Iran and Tehran’s retaliatory attacks in th…
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Kuala Lumpur, March 7 (IANS) Malaysia has recently held phone conversations with several Middle Eastern leaders, calling for peaceful approaches and restraint to ease rising tensions in the region. Malaysian Prime Minister Anwar Ibrahim said in several posts on social media on Saturday that Malaysia’s position was conveyed during separate phone conversations recently with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, United Arab Emirates’ Preside…
Ahmedabad, March 7 (IANS) New Zealand are one step away from completing an impressive redemption story at the ICC Men’s T20 World Cup 2026. After being eliminated in the group stage of the 2024 tournament, the Black Caps have bounced back with five wins and two losses to reach the final. They will face the Indian team, the same opponent that beat them in the ICC Champions Trophy 2025 final.New Zealand started their campaign with a tense but steady chase against Afghanistan. Tim Seifert played …
New Delhi, March 7 (IANS) Top government sources on Saturday allayed fears that current global energy situation can become a crisis for India, saying that the country currently holds over 250 million barrels (around 4,000 crore litres) of crude and petroleum products, providing about 7-8 weeks of buffer across the supply chain.These stocks are not held in a single location or a single form. They are distributed across above-ground storage tanks, underground strategic caverns, pipeline systems, t…
Seoul, March 7 (IANS) A chartered plane to evacuate South Koreans from the United Arab Emirates (UAE) will take off this weekend amid escalating tensions in the Middle East, the foreign ministry said Saturday.The ministry said it is arranging a 290-seat Etihad Airways chartered flight, set to depart from Abu Dhabi at noon on Sunday (local time).Starting early Saturday, the South Korean Embassy in the UAE will receive applications from South Korean nationals wishing to board the plane, with prior…
Seoul, March 7 (IANS) South Korean nationals stranded across the Middle East in the wake of a regional crisis are continuing to evacuate to safer areas with assistance from local diplomatic missions, the foreign ministry said Saturday.According to the ministry, 65 South Koreans who had been staying in Qatar safely moved to neighboring Saudi Arabia from Tuesday to Friday.In Jordan, where commercial flights remain in operation, 41 South Korean short-term visitors departed the country from Thursday…
Washington, March 6 (IANS) Nearly 24,000 American citizens have safely returned to the United States from the Middle East since late February, the US State Department said on Friday, as Washington continues efforts to assist Americans seeking to leave the region amid heightened security concerns.Assistant Secretary Dylan Johnson said the number reflects only those who have already arrived in the United States and does not include Americans who have relocated to other countries or those still tra…
New Delhi, March 6 (IANS) Passengers arriving in Delhi from Muscat on Friday said the situation in Oman remained normal despite rising tensions in parts of West Asia, adding that they did not face any difficulties during their stay or travel. One passenger said that daily life in Oman continues without disruption.“Normal life is going on as usual. All offices and schools are functioning normally. People are helping each other, so we did not face any problems,” the passenger told IANS.Another…
New Delhi, March 6 (IANS) The Central Board of Secondary Education (CBSE) has cancelled Class 10 Board examinations in several West Asian countries amid escalating tensions in the region following the ongoing conflict involving Iran, Israel, and the United States, the Embassy of India in Muscat confirmed on Friday. The Embassy of India in Muscat shared the CBSE circular on its official social media platform X, informing students and parents about the changes in the examination schedule across Gu…
Kuwait City, March 6 (IANS) Kuwait’s Ministry of Defence said on Friday that 67 personnel from the Kuwaiti Armed Forces were injured amid recent security developments, according to a briefing by the Government Communication Centre in the country.Saud Al-Atwan, the defence ministry’s official spokesman, said the injured personnel are receiving medical treatment and that their conditions are stable. Two cases remain under medical observation, he added.Al-Atwan said the Kuwaiti Armed Forces remain …