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Indian LPG Tanker Jag Vasant Reaches Kandla After Unusual Strait of Hormuz Transit

By Uniquetimesorg March 27, 2026 0

The LPG tanker Jag Vasant successfully arrived at Gujarat’s Kandla Port on Friday, carrying about 42,000 metric tons of liquefied petroleum gas (LPG), despite the ongoing conflict in the Middle East and the closure of the strategically important Strait of Hormuz. Mid‑sea transfer operations from the vessel are expected to begin soon to support India’s […]Continue Reading

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India Moves to Boost Natural Gas Infrastructure Amid Supply Disruptions

By Uniquetimesorg March 25, 2026 0

India has issued an order to accelerate the development and expansion of its natural gas infrastructure in response to ongoing supply disruptions caused by the U.S.-Israeli conflict with Iran. The conflict has impacted global energy markets, including near-closure of the Strait of Hormuz, a key route for about 40% of India’s crude oil imports. The […]Continue Reading

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Indian Stocks Flat as Oil Prices Stay Above $100 Amid Middle East Tensions

By Uniquetimesorg March 16, 2026 0

India’s benchmark stock indices opened mostly flat on Monday as investors remained cautious amid rising crude oil prices driven by prolonged tensions in the Middle East. The Nifty 50 slipped 0.15% to 23,116.1, while the BSE Sensex declined 0.2% to 74,415.79 in early trading around 9:15 a.m. IST. Most sectors started the day on a […]Continue Reading

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Indian Sailors Stranded Near Iran Amid Strait of Hormuz Tensions

By Uniquetimesorg March 14, 2026 0

Dozens of Indian sailors stranded near the Iranian port of Bandar Abbas say they are desperate to return home as rising tensions and attacks in the Strait of Hormuz disrupt shipping routes. Many crew members have been stuck at sea for weeks while drones and missiles strike nearby vessels, leaving sailors fearful for their safety. […]Continue Reading

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India Proposes ₹573 Billion Economic Stabilisation Fund to Tackle Global Shocks

By Uniquetimesorg March 13, 2026 0

India has proposed the creation of a ₹573-billion ($6.20 billion) Economic Stabilisation Fund aimed at strengthening the country’s ability to respond to global economic uncertainties. Finance Minister Nirmala Sitharaman informed parliament on Friday that the fund would provide fiscal headroom to manage external headwinds, supply-chain disruptions, and unexpected economic Continue Reading

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Modi Raises Energy Transit Concerns with Iran Amid West Asia Tensions

By Uniquetimesorg March 13, 2026 0

Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian to discuss the escalating crisis in West Asia, expressing deep concern over civilian casualties and damage to infrastructure. In a message shared on X, Modi emphasized that the safety of Indian nationals and uninterrupted transit of goods and energy remain India’s top priorities. He also […]Continue Reading

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GAIL (India) Ltd Secures Oman LNG Cargo to Meet Gas Demand

By Uniquetimesorg March 11, 2026 0

India’s state-run gas company GAIL (India) Ltd has purchased a liquefied natural gas (LNG) cargo from Oman LNG LLC as the country moves to address rising natural gas demand, according to trade sources. The cargo was reportedly bought from a European trader through negotiations at a fixed price between $17 and $20 per million British […]Continue Reading

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India Can Manage $80 Oil, But Prolonged Hormuz Disruption May Strain Economy: UBS

By Uniquetimesorg March 10, 2026 0

India can withstand crude oil prices around $80 per barrel, but a prolonged disruption in the Strait of Hormuz could create broader economic challenges, according to a report by UBS. The brokerage raised its near-term forecast for Brent crude to about $80 per barrel for March and expects the 2026 average price to reach $72, […]Continue Reading

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US Grants India 30-Day Waiver to Accept Russian Oil Shipments Already at Sea

By Uniquetimesorg March 7, 2026 0

Scott Bessent, the US Treasury Secretary, said the United States has temporarily allowed India to accept shipments of sanctioned Russian oil that were already in transit. The 30-day waiver, effective from March 5 to April 4, 2026, permits Indian buyers to receive crude that had already been loaded onto ships before the sanctions cutoff date. […]Continue Reading

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India Boosts Gulf Maritime Vigil

By Uniquetimesorg March 3, 2026 0

India has ramped up maritime surveillance in the Persian Gulf region as security risks escalate amid ongoing tensions. The Ministry of Ports, Shipping and Waterways said it is closely tracking developments and has activated precautionary measures to protect Indian-flagged vessels and seafarers. Union Minister Sarbananda Sonowal chaired a high-level review meeting, where Continue Reading