The energy crunch owing to the ongoing war in West Asia is worse than the 1970s oil crisis and Ukraine war combined, International Energy Agency […]
Category: World
West Asia war | Oil may not return to $80 anytime soon despite ceasefire hopes, says energy analyst Art Berman
Oil prices may struggle to fall back to $80 a barrel anytime soon even if a ceasefire emerges in the ongoing West Asia conflict, energy […]
Global climate in ‘state of emergency’ as energy imbalance reaches record high: WMO report
2 min readUpdated: Mar 24, 2026 09:20 AM IST The global climate is in a state of emergency as the earth is dealing with a […]
Pentagon says it will ramp up war supplies with defence companies
Under the deals, Honeywell Aerospace will “surge production of critical components for America’s munitions stockpile,” as part of a $500 million multi-year investment, the Pentagon […]
Conflict far from over; oil to carry lasting premium as risks escalate: Experts
The ongoing West Asia conflict shows little sign of easing, with experts warning that geopolitical tensions could keep oil prices elevated and markets on edge […]
Pilot, co-pilot dead after Air Canada Express plane hits fire truck at New York’s LaGuardia airport
2 min readUpdated: Mar 23, 2026 04:11 PM IST An Air Canada Express plane collided with a fire truck on the runway at New York’s […]
Israel won’t join Iran peace talks, will abide by Trump’s decision: Israel Consul General
The US has reportedly prepared a 15-point plan laying out its terms and conditions for a peaceful talk. Though Iran hasn’t officially accepted its engagement […]
‘Strait of Hormuz will be completely closed’: Iran threatens to strike Gulf energy, water systems after Trump ultimatum
Iran has warned it will target energy and water facilities in Gulf countries if the United States strikes its power grid, escalating tensions in the […]
Middle East war disrupts used-car exports from Japan and South Korea
The U.S. and Israeli strikes on Iran last month plunged the Middle East into crisis, disrupted global shipping routes and spawned a series of headaches […]
‘Sometimes you have to escalate to de-escalate’: Why Trump’s Treasury Chief says obliterating Iran’s power plants is the ‘only language’ they understand
US Treasury Secretary Scott Bessent. (Photo: AP) US Treasury Secretary Scott Bessent has defended American military action in Iran, saying “sometimes you have to escalate […]