G7 nations have agreed to release 100 million barrels of oil and diesel over four months via the IEA, with a frontloaded diesel release within 20 days, after US diesel prices hit a record $6.52 per gallon on September 22.
Read Full ArticleThe Union Cabinet approved the Rs 84,084 crore Samudra Manthan National Offshore Exploration Scheme on July 31, committing to 60 deepwater wells, AI-driven seismic surveys, and offshore infrastructure hubs, targeting 600 MMTOE in new reserves and reducing India's $144 billion annual oil import bill by 2030-31.
Houthis struck Aramco's Jizan refinery and Yanbu export terminal on July 25 with dozens of ballistic missiles and drones, the first such strikes on Saudi oil infrastructure since 2022, completing what analysts describe as a dual-chokepoint trap that has pushed Brent back above $100 and left the world's oil supply with nowhere safe to go.
Pakistan has extended its nationwide austerity drive until June 13, 2026, after U.S. President Donald Trump rejected Iran's peace proposal. Fuel cuts, vehicle restrictions, and salary reductions remain in force as Islamabad navigates an energy crisis rooted in the West Asia conflict.
Iran has warned the United States that its newly launched naval operation, dubbed "Project Freedom," in the Strait of Hormuz constitutes a ceasefire violation, as President Donald Trump deploys guided-missile destroyers, 100-plus aircraft, and 15,000 service members to guide stranded ships out of the blocked waterway.
The United States has launched "Project Freedom" on May 4, 2026, a military-backed maritime operation to guide stranded commercial vessels out of the Strait of Hormuz amid the ongoing U.S.-Iran confli...
U.S. blockade of Iranian ports continues as Donald Trump rejects Hormuz tolls, ties peace deal to Iran’s nuclear commitment amid ongoing talks.
Here’s the full 10-point proposal by Iran driving U.S.-Iran ceasefire talks, including sanctions relief, nuclear rights, and Hormuz control.
UN Security Council to vote on defensive measures in Strait of Hormuz amid Iran tensions, balancing maritime security, global oil trade, and international law.
India cuts excise duty on petrol and diesel by ₹10/litre as global crude crosses $100, aiming to ease pressure on fuel prices and OMC losses.
The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.
