Venezuela’s oil exports shrivel as US seizes tanker off its coast

CARACAS: Venezuela’s oil exports have plummeted since the US seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country, Al Jazeera reported.Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated,…

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US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India – how vulnerable are they after closure?

Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. Strait of Hormuz closure has sent shockwaves in global markets and with no signs of the US-Israel-Iran war de-escalating, oil prices have been climbing up. The expanding conflict in Iran has brought tanker movement through the Strait…

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India-US trade deal: Pact puts auto parts exporters in driver’s seat

NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including zero-duty access for some products. The joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national…

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Game on: Women show that authenticity is the new ambition | India News

From boardrooms to backstories, author Kiran Manral’s latest book, ‘The Gamechangers’, celebrates women rewriting the playbook on power, purpose, and perseverance. It reminds us that you don’t need to burn out to stand out. When women rewrite the rules, even the game has to change.In The Gamechangers: Women Entrepreneurs Redefining Success, Kiran Manral turns the…

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US gas prices: Strait of Hormuz tensions push diesel above $5/gallon, highest since December 2022

Retail diesel prices in the United States soared past $5 a gallon, reaching a milestone seen only once before, according to GasBuddy, the fuel markets tracker. Economists warn that the surge could slow global economic activity. Diesel is essential for freight and manufacturing, and rising fuel costs are likely to push up the price of…

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‘Limited justice’: Muhammad Yunus on Hasina’s death sentence; claims ‘no one above law’ | India News

Muhammad Yunus (File photo) Muhammad Yunus, who heads the Bangladesh interim government, said the sentencing of ousted prime minister Sheikh Hasina offered an “important, though limited, justice” for the thousands affected during the July–August 2024 uprising.“Today, the courts of Bangladesh have spoken with a clarity that resonates across the nation and beyond. The conviction and…

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Smelling of liquor, AI pilot detained at Vancouver airport on X’mas eve before operating Delhi flight | India News

NEW DELHI: Getting into the Yuletide spirit could prove expensive for an Air India pilot who was to operate a Vancouver-Delhi (via Vienna) flight on Dec 23, 2025. A staffer at Vancouver duty free either saw him inadvertently sipping wine being offered at this festive time or found him smelling of liquor while he was…

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