During the inauguration of Allu Cinemas in Hyderabad, Telangana Chief Minister Revan

The ongoing conflict involving the United States, Israel and Iran has triggered what the International Energy Agency (IEA) describes as the largest disruption in the history of the global oil market, as tensions intensify around the Strait of Hormuz, one of the world’s most critical energy transit routes. In a report released on Thursday, the agency said oil and petroleum product flows through the strategic waterway have plunged sharply, raising serious concerns about global energy security

Iran’s Deputy Foreign Minister Majid Takht-Ravanchi on Thursday rejected allegations that Iranian forces were laying mines in the Strait of Hormuz, a crucial global shipping route, stating that the claims were inaccurate and misleading. His remarks came days after the United States said it had carried out strikes against Iranian vessels allegedly involved in placing mines in the strategic waterway. Responding to questions about the accusations, Takht-Ravanchi said Iran had not engaged in s

Prime Minister Narendra Modi on Thursday said the government is taking comprehensive steps to safeguard India’s energy security as global fuel markets face uncertainty due to the ongoing conflict in West Asia. Addressing the NXT Summit 2026 in New Delhi on March 12, the prime minister said India has adopted a holistic strategy to strengthen its energy sector and reduce vulnerability to global disruptions. Modi said the country has significantly expanded its strategic petroleum reserve in r

Iran’s newly appointed Supreme Leader Mojtaba Khamenei delivered a strong and defiant message in his first public statement since assuming the country’s highest leadership position, warning that Iran will continue responding to what it describes as hostile actions by the United States and its allies. In the message broadcast on state television on Thursday, March 12, Khamenei vowed revenge for what he called crimes committed against Iran and signaled that attacks linked to ongoing regional t

Tensions across the Middle East escalated sharply on Thursday as the ongoing Iran-Israel conflict intensified with new drone and missile attacks reported across several locations in the region. Iranian authorities claimed responsibility for launching drone strikes targeting Israel’s Shin Bet headquarters in Tel Aviv as well as the Palmachim and Ovda air bases, signalling a significant escalation in hostilities between the two countries. Israeli officials confirmed that missiles we

Tensions in the Middle East have entered a new phase after Iran warned that it could target economic infrastructure and facilities linked to major international technology companies as the regional conflict continues to intensify. The warning indicates a shift in the nature of modern warfare, where economic systems, financial institutions, and technology infrastructure are increasingly viewed as strategic targets alongside conventional military installations. A spokesperson for Khatam

The ongoing conflict between Iran and the joint front of Israel and the United States entered its 12th day on Wednesday, with renewed missile strikes and escalating regional tensions across the Middle East. Iranian forces launched fresh missile attacks targeting central Israel before dawn, triggering air raid sirens in several cities. Israeli air defence systems responded swiftly and intercepted incoming rockets, preventing major damage and casualties, according to preliminary reports. At th

In a significant move amid the ongoing Middle East crisis, Japan has become the first G7 nation to announce the release of its strategic oil reserves. This decision comes in response to the geopolitical tensions affecting the global oil market and concerns over potential disruptions in the supply of crude oil. Japan's action is aimed at maintaining energy security and stabilizing oil prices, which have been fluctuating due to the crisis in the Middle East. As one of the world's larg

Global oil prices fell sharply on Tuesday after the United States confirmed that a naval escort ensured the safe passage of an oil tanker through the Strait of Hormuz, a critical shipping lane for the world’s energy markets. The announcement helped calm investors who had been reacting to escalating geopolitical tensions and fears of a major oil supply disruption linked to the ongoing Iran conflict. U.S. crude oil dropped around 15 percent to $79.96 per barrel, while Brent crude, t

India has approved changes to its foreign direct investment policy to allow Chinese companies to invest in selected sectors, marking a cautious step toward improving economic ties between the two countries after years of strained relations. The decision was cleared by the Union Cabinet led by Prime Minister Narendra Modi and is aimed at easing investment constraints faced by certain industries while strengthening domestic manufacturing capacity. Under the revised policy framework, C

Tensions across West Asia continued to escalate as the conflict between Israel and Iran entered its eleventh day, with new missile interceptions and expanding military operations reported across several parts of the region. The ongoing Israel-Iran war has heightened fears of a wider regional security crisis, as both sides signal that hostilities are far from over and military pressure may intensify in the coming days. Israeli Prime Minister Benjamin Netanyahu stated on Tuesday that

Iran’s parliament speaker Mohammad Bagher Ghalibaf warned on Tuesday that any attack targeting the country’s infrastructure would provoke an immediate and proportional response, as tensions continue to rise following recent US-Israel strikes that have escalated the Middle East conflict. In a message posted on the social media platform X, Ghalibaf said Iran would not hesitate to retaliate if its critical facilities were attacked, emphasizing that the country would respond according to what he

The escalating tensions around the Strait of Hormuz are raising serious concerns for global energy markets, with analysts warning that the liquefied natural gas sector could be more severely affected than crude oil if the shipping route remains disrupted. While oil shipments have been partially redirected through alternative pipelines, LNG faces unique challenges due to its dependence on specialized tankers and highly centralized production, particularly in Qatar. Roughly 20 percent o

The conflict involving the United States, Israel and Iran continues to intensify across West Asia, with fighting that began on February 28 now spreading to several countries in the region. The escalation began after coordinated attacks by the United States and Israel on Iranian targets, which triggered retaliatory strikes and military responses that have gradually widened the scope of the conflict. Over the past several days, multiple Gulf nations have reported attacks and security incidents, ra

US Secretary of State Marco Rubio on Monday described Iran as the world’s leading sponsor of terrorism and said the ongoing American mission against the country’s ruling clerical regime is aimed at making the world safer once its objectives are achieved. Speaking at an event at the US State Department, Rubio said the goals of the mission are clearly defined and focus on dismantling Iran’s ability to threaten the region and the wider international community through its military capabilities

 US stocks opened sharply lower on Monday, wiping out more than $900 billion in market value within minutes of the opening bell as investors reacted to a sudden spike in oil prices and mounting geopolitical tensions in the Middle East. Crude oil briefly surged above $100 per barrel, intensifying concerns that escalating conflict in the region could disrupt supply and push global energy costs higher, potentially reigniting inflation pressures across major economies. The Dow Jones Industr

Recycling has become one of the most effective solutions to address the growing global waste crisis. As populations grow and consumption increases, the amount of waste generated worldwide has risen dramatically. Many countries still struggle with waste management due to limited infrastructure and poor segregation practices. However, a few nations have successfully developed highly efficient recycling systems that allow them to recover a significant portion of their waste instead of sending it

Global crude oil prices have surged past $110 per barrel as escalating tensions in the Gulf region shake energy markets worldwide. The sharp increase has triggered concerns about potential supply disruptions, particularly through the Strait of Hormuz, one of the most critical oil transit routes globally. The sudden spike represents the biggest jump in crude prices since 2020 and has raised fears about its possible ripple effects on economies that depend heavily on imported oil. Desp

Global oil markets experienced unprecedented volatility this week as escalating tensions in the Middle East disrupted key energy supply routes and triggered the largest weekly surge in U.S. crude futures since trading began in 1983. The sharp rise in oil prices reflects growing concerns among investors and governments that prolonged conflict in the region could severely affect global fuel supply chains and economic stability. West Texas Intermediate crude futures climbed sharply on