“In line with ceasefire in Lebanon, passage for all commercial vessels through Strait of Hormuz is declared completely open for remaining period of ceasefire,” Iran's Foreign Minister Araghchi said.
Energy supplied by state power retailers rose by nearly 1% during the year—the weakest growth since 2021, when electricity consumption fell due to pandemic.
The Jaya, a very large crude carrier fully laden with Iranian crude, is discharging its cargo at Paradip on India’s east coast this week. Felicity is doing the same at Sikka, on the West Coast.
The fiscal year loss is fueled by the deadly crash of a Boeing 787 Dreamliner, closure of Pakistani airspace to Indian carriers and the West Asia conflict.
If the government wants to spend taxpayers’ money to make India a better place, then spend it on building more courts, improving the collapsing bureaucracy. But, of course, politicians will only think of themselves.
The reopening of the Strait of Hormuz eases supply fears, but controlled shipping, slow output recovery, and high costs may delay oil flow normalisation for months.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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