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

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

A crude oil tanker captained by an Indian reached Mumbai after a

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

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

In the midst of the ongoing US-Israel-Iran conflict, which has caused significant global energy strain, India has begun sending 5,000 tonnes of diesel to Bangladesh via the cross-border Friendship Pipeline. This move is part of an annual supply agreement in which India is committed to providing 180,000 tonnes of diesel to Bangladesh each year. The first consignment arrived on Tuesday, marking the beginning of a five-year plan to address Bangladesh's worsening fuel shortage. Banglade

The Indian government has moved to dismiss concerns over an LPG shortage, asserting that supplies have stabilized and are sufficient to meet the country’s demands. Government sources confirmed that oil refineries have increased LPG production by around 10% in response to earlier directives. Additional administrative measures have been implemented to curb hoarding and prevent malpractice in LPG distribution. The authorities have also extended the monitoring period for LPG distribut

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

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

Residents across Dubai experienced widespread panic after receiving emergency alerts on their mobile phones warning of a possible missile threat on Friday. The alerts were issued amid escalating tensions in the Middle East, where Iran has launched missile and drone attacks targeting United States military installations across several Gulf countries during the past week. According to the notification sent to residents, people were advised to remain cautious, avoid unnecessary outdoor movement

The United States and Israel have intensified military operations against Iran, with reports indicating that at least 1,045 people have been killed since the escalation began on Saturday. The strikes mark one of the most severe confrontations in the region in recent years, raising fears of a broader Middle East crisis. At the same time, Israeli forces have carried out additional military actions in Lebanon, further expanding the scope of the conflict and increasing concerns about regional sta

Israel has intensified its military campaign against Iran, announcing that more than 5,000 bombs have been dropped on targets across the country since the conflict began. The Israeli military said the operations are continuing to expand, with a strong focus on establishing and maintaining air superiority, particularly over the Tehran region. The announcement marks a significant escalation in hostilities, as the confrontation between the two regional powers enters its fifth day with mounting casu

Tensions between Israel and Iran intensified on Wednesday after a senior Iranian military spokesperson warned that any attack on Iran’s embassy in Beirut could trigger retaliatory strikes against Israeli diplomatic missions worldwide. The statement reflects growing hostility between the two regional rivals as security concerns continue to rise across West Asia. Brigadier General Abolfazl Shekarchi, spokesperson for Iran’s Armed Forces, said Israel had threatened to target the Iranian emb

The United States has reportedly suffered nearly $2 billion in military equipment losses during the first four days of escalating hostilities with Iran following a joint US–Israel military campaign. Data compiled from defence assessments and open-source intelligence indicates that multiple American installations across the Middle East were damaged in retaliatory strikes launched by Tehran after the operation that resulted in the death of Iran’s Supreme Leader, Ali Khamenei. One

In response to the escalating crisis in the Middle East, Russia is preparing to ship 9.5 million barrels of crude oil to India. This move comes as India faces severe supply disruptions, particularly after Iranian attacks targeted vessels in the Strait of Hormuz, a critical oil route that handles 40% of India's crude imports. The current geopolitical tensions have left India vulnerable, as its crude stocks cover only about 25 days of demand, and inventories of refined products like gasoline, g

The United States military has deployed a new drone strike capability in the Middle East as part of its ongoing operations against the Islamic State. Speaking during a briefing on Operation Epic Fury, the commander of United States Central Command, Admiral Brad Cooper, confirmed that the US has begun using drones designed on the model of Iran’s Shahed-136 unmanned aerial vehicle. The system is intended to strengthen Washington’s ability to conduct precision strikes while countering milita

Iran’s Assembly of Experts has elected Mojtaba Khamenei, the son of the late Supreme Leader Ayatollah Ali Khamenei, as the new Supreme Leader of Iran. This transition, which occurred under significant pressure from the Islamic Revolutionary Guard Corps (IRGC), marks a controversial father-to-son succession that goes against the Islamic Republic’s long-standing criticism of hereditary monarchy. Mojtaba, the second-eldest son of Ali Khamenei, has been long speculated as a potential successo

The United States government has urged Americans in parts of the Middle East to leave the region as fighting linked to the escalating Iran war intensifies, complicating travel and raising security concerns. The State Department issued updated guidance advising citizens to depart from 14 countries, including Israel, Lebanon, Egypt and the United Arab Emirates, as regional security conditions deteriorate. Until recently, Americans in several of these countries had been instructed to s