India’s purchases of Russian crude have surged about 50% in March as refiners move to secure alternative supplies amid disruptions to shipments from the Middle East due to the widening military conflict. Ship-tracking data showed imports rising to around 1.5 million barrels per day this month from 1.04 million bpd in February. India–the world’s third-largest…
India has deplored the attack on the Thai-flagged cargo ship, Mayuree Naree, in the Strait of Hormuz, while confirming the ship was bound for Kandla port, Gujarat. It condemned the commercial ship being made a target amid the ongoing conflict.The ministry of external affairs, in a statement, said that targeting the Thai cargo ship and…
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Wells Fargo (WFC), one of the largest U.S. banks overseeing $1.7 trillion in assets, has filed a trademark application for a new digital asset-focused platform branded as WFUSD, signaling that the bank is pushing deeper into crypto and blockchain. According to a Tuesday filing for the United States Patent and Trademark Office (USPTO), WFUSD would…
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NEW DELHI: Two Indian nationals have been killed, and another remains missing after merchant vessels carrying them came under attack in the ongoing conflict in West Asia, the ministry of external affairs (MEA) said on Wednesday. The ministry added that several Indians have also sustained injuries in the Gulf region, with consular officials coordinating medical…