With airfares and gas prices spiking, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks.
Pakistan ‘ready’ to host peace talks, PM says. Iran war live updates.
The apparent talks aimed at ending the war come as thousands of U.S. troops have been deployed to the region and gas prices continue rising.
Pakistan seeks to mediate talks with US, Iran in Islamabad
Pakistan is making a push to mediate talks to end the US-Israeli war against Iran, with its powerful army chief holding calls with President Donald Trump to find a resolution to the fighting, people …
India’s Quiet Diplomacy in a Very Loud Iran War
On March 13, a chartered flight from Kochi repatriated over 130 Iranian sailors, including the bodies of 84 deceased, amid ongoing Middle Eastern conflicts.
Exclusive: India’s Reliance buys 5 million barrels of Iranian oil after US waiver, sources say
By Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, March 24 (Reuters) – India’s Reliance Industries, operator of the world’s biggest refining complex, has purchased 5 million barrels of Iranian crude, …
Brewers in India warn of shortages as Iran war hits glass bottle, can makers
By Aditya Kalra NEW DELHI, March 24 (Reuters) – Global brewers operating in India are warning of price increases and supply disruptions as a shortage of gas due to the Iran war drives up the cost of …
India rice exports hit by Middle East conflict as shipments stall and prices fall
What was expected to be a bumper year for Indian rice exporters – on the back of a strong harvest – has instead been upended by the ongoing war in Iran.
‘Lockdown in India’ among top searches today. Reason: Covid memories, Iran war
The spike in searches for “lockdown in India” today appears to be primarily driven the memories of March 24, 2020, when PM announced a complete Covid lockdown …
India’s vegetable oil buyers step back, betting war-driven rally will ease
By Rajendra Jadhav MUMBAI, March 24 (Reuters) – Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not …
Dubai’s bankers contemplate post-conflict prospects
Dubai’s financial landscape faces a significantly altered reality as authorities work to restore trust in the regional economy © Fadel Senna/AFP via Nearly four weeks after the launch of Iranian …