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News
Saudi Arabia pipeline outage threatens loss of 4% of global oil supply
4+ hour, 12+ min ago (426+ words) Saudi Arabia has enough oil stocks at key ports to sustain exports for only a few days, raising the risk of a major supply loss if its East-West Pipeline does not restart soon...
Trump says US could stay in Iran and keep oil, like Venezuela deal
4+ hour, 20+ min ago (256+ words) US President Donald Trump said Washington could remain engaged in Iran and keep its oil, drawing a parallel with the US deal in Venezuela, while predicting the war would end this year President Donald Trump suggested on Sunday that the…...
Gulf tankers run out of options as key oil export routes pinch shut
4+ hour, 55+ min ago (312+ words) Business Standard By Lisa Friedman, Jenny Gross & Rebecca F Elliott The worldâs most valuable energy corridors are pinching shut On Friday, Houthi militants backed by Iran expanded their control of the Red Sea, threatening a critical route for Persian…...
Showy summitry | Editorial Comment
6+ hour, 33+ min ago (215+ words) Outcomes of the Brics summit exceeded expectations The pomp and circumstances around the 18th Brics summit in New Delhi surpassed the modest expectations from the meet, which India hosted for the fourth time The adoption of the declaration itself must be…...
Iran Prez Pezeshkian slams West over sanctions' impact on global welfare
10+ hour, 7+ min ago (607+ words) Brics must expand trade in national currencies and work towards an inclusive global economic framework as excessive dependence on existing financial and trade systems has made emerging economies vulnerable to political shocks, Iranian President Masoud Pezeshkian said on Sunday. In…...
Brics summit joint statement takes aim at US war, tariffs and sanctions
14+ hour, 22+ min ago (644+ words) Business Standard...
Iranian commercial vessel hit near Strait of Hormuz, 1 killed, 3 injured
16+ hour, 32+ min ago (181+ words) Business Standard Iranian commercial vessel hit near Strait of Hormuz, 1 killed, 3 injured An Iranian commercial vessel was struck near Qeshm Island in the Strait of Hormuz, killing one person and injuring three others, according to state media The United Kingdom…...
Iraq says attack on Saudi Arabia's pipeline originated from its territory
21+ hour, 1+ min ago (791+ words) Iraq said attacks on a key Saudi oil pipeline were launched from its territory, as US President Donald Trump appeared to blame Iran. Meanwhile, the number of displaced people in Yemen is rising quickly after a swift advance by Iran-backed…...
Iranian President Pezeshkian meets Abu Dhabi Crown Prince in Delhi
1+ day, 4+ hour ago (152+ words) Iranian President Masoud Pezeshkian held talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan in New Delhi on the sidelines of the BRICS summit on Saturday. The meeting assumed significance as relations between the two…...
Brics declaration flags West Asia conflict, skips Russia-Ukraine war
1+ day, 8+ hour ago (415+ words) The Brics New Delhi Declaration voiced concern over conflicts and global polarisation, addressed West Asia, Gaza and Sudan, condemned the Pahalgam attack, but avoided a reference to the Russia-Ukraine war....