Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
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Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
In today’s newsletter: Robert Malley, who led talks for the 2015 Iran nuclear deal, helps make sense of the warGood morning, and apologies for the interruption to your usual programming. Stepping out from behind the editing desk to write today’s newsle…
Former PM says schools ‘deserve same moral status as hospitals’ after 168 schoolgirls killed in US-Israel war on IranGordon Brown: ‘Children killed, a school turned into a graveyard: even in wartime, we can’t accept this’A school turned into a graveyar…
India has achieved a significant milestone in energy security by sourcing approximately 70 per cent of its crude oil imports from routes outside the Strait of Hormuz, according to Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas.Speaking at an inter-ministerial briefing on recent developments in West Asia held in New Delhi, Sharma emphasised that the country’s crude
Tensions in the Strait of Hormuz have surged as the ongoing war in West Asia witnessed a brazen attack on the Thai-registered bulk carrier Mayuree Naree on 11 March 2026, Nation Thailand reported.The vessel, owned by Bangkok-based Precious Shipping and en route from Khalifa Port in the UAE to Kandla Port in Gujarat, India, was struck by two projectiles of unknown origin approximately 11 nautical
A US nuclear attack submarine achieved a rare wartime feat in the Indian Ocean this month by sinking an Iranian frigate off the coast of Sri Lanka. This marked the first instance since the Second World War that a US submarine had destroyed another vessel using a torpedo, reported Asia Times.The target was the 1,500-ton Moudge-class frigate IRIS Dena (75). An MK-48 heavyweight torpedo struck the
The Indian Army’s Air Defence Brigade, operating under Southern Command, has executed a high-intensity live firing exercise at the Pokhran Field Firing Range in Jaisalmer. This drill targeted the precise aerial threats that have proven devastating in the US-Iran war: small autonomous drones deployed in coordinated swarm formations, according to a TOI video report.These Iranian tactics have
The United Nations Security Council has unanimously passed a resolution demanding that Iran immediately cease its military attacks on Gulf countries, deeming them a flagrant violation of international law and a grave threat to global peace and security.The vote saw 13 members in favour, with two abstentions and none opposed, marking a rare moment of near-consensus amid escalating regional
External Affairs Minister S Jaishankar engaged in a telephonic conversation with his Russian counterpart, Sergey Lavrov, on 11 March 2026. The discussion focused on exchanging assessments regarding the escalating conflict in West Asia. Both leaders also reviewed ongoing diplomatic efforts to address the crisis.Jaishankar described the interaction as a "good telecon" in a post on X. He highlighted
Iran has escalated its missile campaign against Israel by deploying ballistic missiles equipped with cluster bomb warheads, according to the Israel Defence Forces (IDF). Officials revealed that nearly half of the approximately 300 missiles launched on Tuesday carried these controversial munitions.The IDF reported that most incoming threats were successfully intercepted by Israel’s multi-layered