IEA projects sharp reversal from its earlier expectations, with global demand for oil in 2026 turning negative. Hormuz disruptions have pushed crude prices to $130 per barrel.
Centre says LPG supply stable despite pressure. Steps up efforts to ensure fuel security as Hormuz disruptions amid West Asia tensions upend global trade.
The lightweight metal rose as much as 2% on the London Metal Exchange, reigniting a rally driven by supply shortages stemming from the war in the Middle East.
Iran said Islamabad talks hinged on US refraining from ‘excessive demands’. This was the first direct high-level engagement between Washington and Tehran since 1979.
IEA projects sharp reversal from its earlier expectations, with global demand for oil in 2026 turning negative. Hormuz disruptions have pushed crude prices to $130 per barrel.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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