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Iranian oil offered to India at premium to Brent after US sanctions waiver

Iranian oil offered to India at premium to Brent after US sanctions waiver

Traders have offered Iranian oil to Indian refiners at a premium to ICE Brent after Washington temporary removed sanctions ​to ease the energy crisis caused by the US -Israeli war on ​Iran, three industry sources said.

India, the world's third-biggest oil importer and consumer, has not received ‌a cargo from Tehran since May 2019 after it came under US pressure not to buy Iranian crude.

Strikes hit Iran energy sites hours after Trump pauses attack plan: Report

Strikes hit Iran energy sites hours after Trump pauses attack plan: Report

Hours after US President Donald Trump announced a pause on attacks targeting Iran’s power infrastructure, strikes were reported at energy facilities in the cities of Isfahan and Khorramshahr, according to Iran’s Fars News Agency.

The report said a gas administration building and a gas pressure reduction station on Kaveh Street in northern Isfahan were hit on Tuesday

US halts strikes on Iran's power plants; retreated after warning, says Iran

US halts strikes on Iran's power plants; retreated after warning, says Iran

US President Donald Trump said on Monday he had ordered a five-day pause on planned military strikes targeting Iranian power plants and energy infrastructure, citing “very good and productive” talks with Tehran as discussions continued. However, Iran’s Foreign Ministry has reportedly rejected his claim.

Iran threatens to strike Gulf power plants after Trump's ultimatum

Iran threatens to strike Gulf power plants after Trump's ultimatum

Iran will attack Israel's power plants and those supplying US bases across the Gulf region if President Donald Trump carries out his threat to "obliterate" Iran's power network, the Revolutionary Guards said in a statement on Monday.

They appeared to retract earlier threats to attack desalination plants, which are crucial for providing drinking water in Gulf countries.

LPG supply crisis: No respite for transporters, restaurants in West Bengal

LPG supply crisis: No respite for transporters, restaurants in West Bengal

Supply contraints of LPG cylinders showed no signs of abating in parts of West Bengal on Monday, with gas distributors, transporters and restaurants reporting disruption in operations amid the crunch.

Bijan Biswas, vice-president of the Indane LPG Distributors' Association in Bengal, said the overall situation has not improved significantly.

Iran war poses unprecedented challenges for India, PM Modi tells Lok Sabha

Iran war poses unprecedented challenges for India, PM Modi tells Lok Sabha

Prime Minister Narendra Modi on Monday addressed the Lok Sabha on key aspects of the ongoing West Asia conflict, laying out India’s position on the evolving situation and highlighting the government’s diplomatic outreach, concerns over civilian safety, and the impact on global energy and trade routes.

Addressing the Lok Sabha amid growing worries over disruptions to critical maritime corridors and the safety of Indian nationals and assets.

West Asia war damages over 40 energy assets, risks supply disruption: IEA

West Asia war damages over 40 energy assets, risks supply disruption: IEA

More than 40 energy assets across nine countries in West Asia have been “severely or very severely” damaged by the war in West Asia, International Energy Agency Executive Director Fatih Birol said, potentially prolonging disruptions to global supply chains after the conflict ends.

Ukrainian drone strike hits Russia's Primorsk oil port, damages fuel tank

Ukrainian drone strike hits Russia's Primorsk oil port, damages fuel tank

A Ukrainian drone attack on Russia’s Baltic Sea port of Primorsk, one of the country’s key oil export hubs, has damaged a fuel tank, according to local authorities.

Air defenses destroyed more than 50 drones over the region overnight, Alexander Drozdenko, governor of the Leningrad region, said in a Telegram post early on Monday. Efforts to repel the attack were continuing, he said.

West Asia war risks pushing up prices, says Coca-Cola bottler SLMG

West Asia war risks pushing up prices, says Coca-Cola bottler SLMG

SLMG Beverages, Coca-Cola's largest bottler in India, could raise some of its prices if rising packaging costs linked to the ​war in the West Asia are difficult to absorb, a ​senior executive at the firm said.

The war is pushing up costs for ‌key packaging materials from plastic bottles to caps, labels and cardboard boxes - with some packaged water manufacturers already raising prices.

Sunetra Pawar forwards Rupali Chakankar's resignation to CM Fadnavis

Sunetra Pawar forwards Rupali Chakankar's resignation to CM Fadnavis

Maharashtra Deputy Chief Minister Sunetra Pawar, who heads the ruling NCP, on Saturday said she has forwarded the resignation of Rupali Chakankar, who stepped down as the chairperson of the Maharashtra State Commission for Women, to Chief Minister Devendra Fadnavis for further action.

Chakankar on Friday tendered her resignation after facing flak from the opposition parties over her association with rape-accused 'godman' Ashok Kharat.

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