India has moved to strengthen its energy security as global tensions rise in West Asia, with Prime Minister Narendra Modi confirming that the country currently holds a strategic petroleum reserve of 53 lakh metric tonnes. Addressing the Lok Sabha, he also revealed plans to expand this reserve to 65 lakh metric tonnes in the near future.
India has moved to strengthen its energy security as global tensions rise in West Asia, with Prime Minister Narendra Modi confirming that the country currently holds a strategic petroleum reserve of 53 lakh metric tonnes. Addressing the Lok Sabha, he also revealed plans to expand this reserve to 65 lakh metric tonnes in the near future.
A major escalation in regional tensions unfolded on Wednesday after Iran’s South Pars gas field was struck, marking the first reported attack on the country’s Gulf energy infrastructure amid the ongoing U.S.-Israel conflict. The incident prompted Tehran to issue a strong warning, stating it would retaliate by targeting oil and gas installations across the Gulf region, raising fears of a broader confrontation affecting global energy security. The strike had an immediate impact on internat
A major escalation in regional tensions unfolded on Wednesday after Iran’s South Pars gas field was struck, marking the first reported attack on the country’s Gulf energy infrastructure amid the ongoing U.S.-Israel conflict. The incident prompted Tehran to issue a strong warning, stating it would retaliate by targeting oil and gas installations across the Gulf region, raising fears of a broader confrontation affecting global energy security. The strike had an immediate impact on internat
Iranian President Masoud Pezeshkian has confirmed the death of Intelligence Minister Esmail Khatib following an Israeli airstrike in Tehran, describing the incident as a “cowardly assassination” that has intensified tensions in an already volatile Middle East conflict. The confirmation came on Wednesday,
Iranian President Masoud Pezeshkian has confirmed the death of Intelligence Minister Esmail Khatib following an Israeli airstrike in Tehran, describing the incident as a “cowardly assassination” that has intensified tensions in an already volatile Middle East conflict. The confirmation came on Wednesday,
In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint. According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix
In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint. According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix
Iran has vowed to continue its fight against the United States and Israel following the killing of Ali Larijani, one of Iran's most influential political figures, in an Israeli airstrike. Iranian foreign minister Syed Abbas Araghchi made a bold statement, declaring that Iran’s political and economic structure would remain intact despite the loss of Larijani, the head of the Supreme National Security Council, who was killed alongside his family members and bodyguards near Tehran. I
Iran has vowed to continue its fight against the United States and Israel following the killing of Ali Larijani, one of Iran's most influential political figures, in an Israeli airstrike. Iranian foreign minister Syed Abbas Araghchi made a bold statement, declaring that Iran’s political and economic structure would remain intact despite the loss of Larijani, the head of the Supreme National Security Council, who was killed alongside his family members and bodyguards near Tehran. I
A series of drone attacks targeting the United Arab Emirates’ critical energy infrastructure has intensified concerns over prolonged supply disruptions as regional tensions linked to the Iran conflict continue to escalate. The incidents have struck key oil and gas facilities, disrupted shipping routes, and heightened volatility in global energy markets. Operations at the Shah gas field, one of the world’s largest ultra-sour gas developments, remained suspended after a drone stri
A series of drone attacks targeting the United Arab Emirates’ critical energy infrastructure has intensified concerns over prolonged supply disruptions as regional tensions linked to the Iran conflict continue to escalate. The incidents have struck key oil and gas facilities, disrupted shipping routes, and heightened volatility in global energy markets. Operations at the Shah gas field, one of the world’s largest ultra-sour gas developments, remained suspended after a drone stri
India’s External Affairs Minister S Jaishankar held extensive discussions with foreign ministers from the 27 member states of the European Union during a meeting of the Foreign Affairs Council in Brussels on Monday. The talks focused on key global developments, including the ongoing conflict in Ukraine, tensions in West Asia, evolving strategic dynamics in the Indo-Pacific region and the future trajectory of India-EU relations. Jaishankar attended the meeting at the invitation of
India’s External Affairs Minister S Jaishankar held extensive discussions with foreign ministers from the 27 member states of the European Union during a meeting of the Foreign Affairs Council in Brussels on Monday. The talks focused on key global developments, including the ongoing conflict in Ukraine, tensions in West Asia, evolving strategic dynamics in the Indo-Pacific region and the future trajectory of India-EU relations. Jaishankar attended the meeting at the invitation of
In a significant diplomatic development, External Affairs Minister S. Jaishankarhighlighted India's successful engagement with Iranthat
In a significant diplomatic development, External Affairs Minister S. Jaishankarhighlighted India's successful engagement with Iranthat
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
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
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
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
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
A crude oil tanker captained by an Indian reached Mumbai after a
A crude oil tanker captained by an Indian reached Mumbai after a
In a bold move to end the ongoing war with the United
In a bold move to end the ongoing war with the United
In the latest escalation of the regional conflict, Iran has issued a
In the latest escalation of the regional conflict, Iran has issued a
Iran’s football team may not compete in the 2026 FIFA World Cup
Iran’s football team may not compete in the 2026 FIFA World Cup
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
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
The relationship between Iran and India has long been defined by strategic patience, as Tehran maintains a nuanced and pragmatic approach to its ties with New Delhi. Despite India’s deepening defense relations with Israel and its comprehensive partnership with the United States, Iran has chosen to sustain its close relationship with India, recognizing the strategic value of energy ties and regional geopolitical balance. In a recent phone conversation between External Affairs Minis
The relationship between Iran and India has long been defined by strategic patience, as Tehran maintains a nuanced and pragmatic approach to its ties with New Delhi. Despite India’s deepening defense relations with Israel and its comprehensive partnership with the United States, Iran has chosen to sustain its close relationship with India, recognizing the strategic value of energy ties and regional geopolitical balance. In a recent phone conversation between External Affairs Minis