US-Iran 60-Day Truce Draft Emerges as Rubio Says World May Get Good News in Hours
In what could mark the most significant diplomatic breakthrough of 2026, a draft peace agreement between the United States and Iran has surfaced,
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Strait of Hormuz
Venezuela Overtakes Saudi Arabia and US to Become India Third Largest Crude Oil Supplier in May 2026 Amid West Asia Crisis
Venezuela has emerged as India’s third-largest crude oil supplier in May 2026, overtaking Saudi Arabia and the United States as Indian refiners pivot to cheaper Venezuelan crude amid ongoing disruptions in West Asia.
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West Asia Crisis Threatens India’s Energy Security as Oil Prices Surge Past 109 Dollars
The escalating West Asia conflict involving the US, Israel, and Iran has pushed Brent crude above USD 109, threatening India’s energy security as the country depends on Middle Eastern oil for over 50% of its imports.
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Indian Navy’s Operation Urja Suraksha: How India Rescued 18 Stranded Ships From Strait of Hormuz
The Indian Navy launched Operation Urja Suraksha in April 2026 to rescue and escort 18 ships stranded in the Strait of Hormuz, the
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Iran Fires on Commercial Ships in Strait of Hormuz: India’s 45-Day Oil Reserve and Energy Security Face Critical Test
Iran fires on ships in Strait of Hormuz, reimposing ‘strict control.’ India’s 45-day oil reserve faces test as 50% of crude imports transit the critical waterway.
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US-Iran Ceasefire Expires on April 22: Impact on India’s Oil Prices, Strait of Hormuz, and Economy
The fragile US-Iran ceasefire is set to expire on the evening of April 22, 2026 (Washington time), and with Iran pulling out of
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RBI Holds Repo Rate at 5.25% as Strait of Hormuz Crisis Clouds India’s 6.9% Growth Forecast for FY27
The RBI’s Monetary Policy Committee unanimously held the repo rate at 5.25% on 8 April amid the US-Iran conflict. FY26 GDP growth is estimated at 7.
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