Middle East heat may ripple across India’s energy supply chain, flags Goldman Sachs

As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical energy shipping routes, the Strait of Hormuz. Any disruption could significantly affect major oil-importing countries such as India, as the narrow Strait of Hormuz is central to global energy trade. The strait sees…

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India in ‘comfortable position’ on energy amid Middle East crisis; Australia, Canada offer gas supplies: Report

NEW DELHI: India on Thursday reiterated that it’s in a comfortable position with regards to energy supply, amid the Middle East tensions.Country’s energy situation is being reviewed twice a day and remains in a comfortable position on energy security despite the escalating tensions in West Asia, government sources, cited by ANI, said. India Confident To…

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India seeks US-backed insurance cover for oil tankers as Middle East tensions threaten energy supplies

India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle East, as the government looks to ensure continuity of energy supplies amid disruptions in the Strait of Hormuz, a senior oil ministry official told PTI.The move comes as the widening conflict in West Asia has…

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Ripple adds Coinbase’s BTC, ETH, XRP, SOL futures to its $3 trillion prime brokerage

Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives. The move gives institutions a new way to access regulated crypto derivatives within a market overseen by the Commodity Futures Trading…

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Rahul Gandhi: Iran crisis: Rahul Gandhi questions PM Modi’s ‘silence’ on warship sinking in ‘our backyard’ | India News

File photo: Congress MP Rahul Gandhi NEW DELHI: Congress MP Rahul Gandhi said PM Narendra Modi‘s silence in the wake of “conflict” and the sinking of an Iranian warship showed that the PM had “surrendered strategy sovereignty”. The opposition party also slammed govt for “undoing” the foreign policy painstakingly built over the last seven decades.Rahul…

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Beyond oil: How US-Iran war & Middle East crisis may hit India’s economy – sector-wise impact explained

Petroleum is the most immediate area of exposure. In 2025, India sourced roughly $70 billion crude oil and petroleum products from West Asia. (AI image) Beyond oil, the Middle East crisis has other implications for the Indian economy, especially if the US-Israel-Iran war continues for a long duration leading to major supply disruptions. In recent…

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Maharashtra remains India’s largest economy but posts slowest growth among top four states

Maharashtra continues to remain India’s largest state economy in absolute terms, but its economic growth has been the slowest among the country’s four biggest state economies over the past four years, according to official data.The state’s Gross State Domestic Product (GSDP) is projected at Rs 42,67,771 crore in 2024-25, the highest among all states, reported…

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