India’s aviation sector received a significant boost on Wednesday as the price of Aviation Turbine Fuel (ATF), commonly known as jet fuel, was reduced by approximately ₹5 per litre following a decline in international crude oil prices. The move comes after weeks of volatility in global energy markets and is expected to ease operational cost...
A new intelligence assessment from the United States has raised concerns over Iran’s growing capability to influence maritime traffic through the Strait of Hormuz, one of the world’s most strategically important waterways. According to the report, Tehran now possesses the military resources and operational capacity required to significantly disrupt or even temporarily shut down the...
The Iranian government has confirmed that it is carefully examining a fresh proposal from the United States as diplomatic efforts between Tehran and Washington appear to be entering a critical stage. The development comes after U.S. President Donald Trump stated that negotiations with Iran were in their “final stages,” signaling renewed optimism over the possibility...
The United States has extended its sanctions waiver on Russian seaborne oil for another 30 days, a move that is expected to provide temporary relief to India and several other energy-dependent nations grappling with rising global oil prices and supply uncertainty. The extension comes at a time when global crude markets remain under pressure due...