Sumitra

European powers, Japan back Hormuz security effort; condemn Iran’s attacks on shipping

Six major powers, including Britain and France, have pledged support for safe passage through the Strait of Hormuz, condemning Iran's…

3 months ago

Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India

India has not been buying crude oil from Iran since mid-2019 after the US ended waiver for sanctions on Iran…

3 months ago

FOMC policy meeting: Jerome Powell-led US Federal Reserve keeps interest rates unchanged; flags ‘uncertainty’ related to impact of Iran war

Experts had said that fears of oil prices stoking inflation were unlikely to push the Federal Reserve toward raising interest…

3 months ago

Iran crisis: IEA says strategic oil reserves to be released immediately in Asia-Oceania

Asia and Oceania will immediately receive strategic oil reserves, while the Americas and Europe will start releases by late March.…

3 months ago

Upgrad signs term sheet to acquire Unacademy in all-stock deal

Edtech giants Upgrad and Unacademy are set to merge in an all-stock deal, a significant consolidation for India's online education…

3 months ago