‘Surviving loan by loan’: Pakistan’s wallet could take another hit from soaring oil prices

As the Middle East war continues to escalate, tensions are mounting for the South Asian nation of Pakistan. The country is facing an economic crisis as Iran has disrupted fuel shipments through the Strait of Hormuz, its main oil supply route. Pakistan relies on Saudi Arabia and the United Arab Emirates for over 85% of … Read more

What is DME? Scientists look to scale up output to offset LPG supply blow

As the Middle East conflict continues to spill across global oil markets, India is looking to expand the production of dimethyl ether (DME), an alternative that could help deal with ongoing LPG disruptions. A government-run research institute is examining ways to boost the output of the fuel, which scientists say could help address supply challenges … Read more

Summer travel to get costlier: Jet fuel prices jump amid Middle East conflict

Air travellers, brace yourselves for costlier tickets! You might soon be charged higher amounts for flight fares as the Middle East crisis continues to push fuel prices higher. The conflict has disrupted global oil supplies, and with the summer travel season just around the corner, industry experts say fare hikes are becoming inevitable. However, when … Read more

India–South Korea trade ties: Piyush Goyal meets Korean minister Yeo Han-Koo

Union minister of commerce and industry Piyush Goyal on Friday held talks with Yeo Han-Koo, trade minister of South Korea, to explore ways to strengthen economic ties, boost bilateral investments and deepen supply-chain collaboration between the two countries. The meeting focused on expanding trade engagement and reinforcing the broader economic partnership between India and South … Read more

Iran allows two India‑flagged LPG carriers to transit Strait of Hormuz amid conflict

Representative image (AP) NEW DELHI: Iran has allowed two India-flagged liquefied petroleum gas (LPG) carriers to transit through the Strait of Hormuz amid the ongoing conflict in the Middle East, Reuters reported citing four sources with direct knowledge of the matter.The development comes as Iran’s Ambassador to India, Mohammad Fathali, confirmed that Tehran would provide … Read more

China urea shipments to India hit 3-year high; Russian supplies also rise this fiscal

India’s imports of urea from China have climbed to their highest level in three years during the current fiscal, even as fertiliser shipments from Russia have also increased sharply, according to government data tabled in Parliament on Friday.In a written reply to the Lok Sabha, Minister of State for Fertilisers Anupriya Patel said India imported … Read more

US stock market today (March 13, 2026): Wall Street slips amid Iran war oil shock; inflation worries, volatile trading keep investors cautious

US stock indexes traded mixed to lower in choppy dealings on Friday morning as the fallout from the war with Iran kept pressure on oil prices and added to concerns about the global economic outlook.The S&P 500 slipped 0.2 per cent after rising as much as 0.9 per cent earlier in the session. The Dow … Read more