Improving relations: Neighbors seek emergency fuel, India expresses goodwill

Improving relations: Neighbors seek emergency fuel, India expresses goodwill

Several countries in the subcontinent have turned to India for additional fuel as ongoing conflicts in the Middle East limit energy supplies from the Persian Gulf.This comes after the Strait of Hormuz was effectively closed, leaving several countries in South Asia with limited stocks and few alternative supply routes.MEA spokesman Randhir Jaiswal told a news … Read more

Evening News Report: What impact did the US-Iraq war have on India? Pakistan announces crisis measures, more amid Middle East tensions

Evening News Report: What impact did the US-Iraq war have on India? Pakistan announces crisis measures, more amid Middle East tensions

Strait of Hormuz blockade 90% of India’s oil production has been affected, and oil accounts for more than 60% of LPG production. India has increased oil purchases from Russia, ignored the International Energy Agency’s call for reserves and assured not to increase petrol/diesel prices. Pakistan Prime Minister Nawaz Sharif implemented deep cuts – 50% reduction … Read more