Tag: Iran war
Supreme Court joins austerity push after PM Modi’s call: Virtual hearings, 2-day Work From Home, carpool for judges
According to a circular issued by Supreme Court Secretary General Bharat Parashar, the new measures have come into immediate effect following an Office Memorandum issued by the Department of Personnel and Training (DoPT).
A modest appeal, a necessary step: PM Modi’s request to the nation in light of Iran War
India imports nearly 90% of its oil, and almost half of that passes through the Strait of Hormuz which has been completely shut for over two and a half months now, ever since the US and Israel went to war with Iran.
With US-Iran peace deal still looking miles away, why PM Modi’s advice to Indians to conserve fuel is highly practical
India imports over 80 percent of its crude oil requirements, and any disruption in the Strait of Hormuz directly affects fuel prices, inflation, logistics costs, and eventually household budgets.
Fresh tensions between US and Iran in Strait of Hormuz, puts global energy markets at further risk
In recent months, tensions had already been building after the United States and Israel launched strikes on Iran, and US increased naval deployments in the Gulf and launched what it called “Project Freedom".
Pakistan’s Petroleum Minister highlights petrol price stability in India, points out the importance of Strategic Oil Reserves
The war in Iran has led to a spike in petrol and diesel prices across the world. With Strait of Hormuz still closed, oil supplies across the world have been affected. However, one country has kept the prices stable- India.
Oil price hits highest since 2022
Thanks to the war in the middle east and the closure of the Strait of Hormuz, global oil prices have hit their highest level since 2022.