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As the United States continues to tighten its blockade on Iranian oil flows, Tehran is repeatedly scrambling to manage excess crude, with its key export hub Kharg Island rapidly approaching storage limits.Tehran is now reportedly moving to expand crude storage at Kharg Island by reactivating the 30-year-old crude carrier M/T Nasha, signalling mounting pressure on…
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NEW DELHI: The All India Institute of Medical Sciences (AIIMS), New Delhi, has handed over the additional charge of Director to Dr Nikhil Tandon, head of the Department of Endocrinology and Metabolism and Dean (Academics), following the exit of Dr M Srinivas.Dr Srinivas has been appointed as a full-time member of NITI Aayog, prompting the…
Gold prices declined in futures trade on Monday, tracking weak global cues and softer spot demand. The fall comes even as retail prices across major Indian cities showed a mixed trend, with some markets seeing marginal gains while others remained flat.On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 349,…
Bitcoin BTC$77,825.31 tagged a 12-week high of $79,399 overnight before sellers stepped in during Asian morning hours on Monday, dousing a rally that setup the asset for a run to $80,000 for the first time since January. Bitcoin traded at $77,705 on Monday morning, down 0.4% over 24 hours after climbing to $79,399 around 09:00…
Hengli represents a far more significant target. It is one of China’s most advanced private refiners. (AI image) The Donald Trump administration’s step to sanction one of China’s largest privately owned refiners over its links to Iran will have implications beyond oil! China has for years remained the largest buyer of Iranian crude, much of…
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