According to RBI, cost pressures and uncertainty have impacted new orders and output. (AI image) When it comes to the Indian economy, domestic resilience is often cited as one of its greatest strengths. But how long will the Indian economy continue to withstand external pressures in the form of supply disruptions and rising import prices?…
US President Donald Trump responded to a social media post saying that “a wave of empty tankers” were headed to the United States to collect crude oil. Trump shared the post on Truth Social on Saturday, writing, “Awesome!!!”“It’s great to see the wave of empty tankers heading to the US to pick up some much-needed…
Image used for representative purposes A fragile ceasefire between the United States and Iran has injected cautious optimism into the Strait of Hormuz, one of the world’s most strategically sensitive sea corridors. But despite the diplomatic moratorium, shipping through the waterway still remains disrupted, uneven, and heavily regulated for security reasons.The strait, which connects the…
As the Middle East crisis escalates, if the near-closure of the Strait of Hormuz continues for the next six to eight weeks, crude oil prices could rise to $150 or $200 per barrel. The disruption is a result of the ongoing war between the US, Israel and Iran, which has already prompted Persian Gulf producers…
