Petrol and diesel prices: What does Middle East crisis mean for fuel cost? Check list
Despite escalating Middle East tensions and a surge in global crude oil prices, petrol and diesel rates in major Indian cities remain steady. Government sources indicate a strategy to shield consumers, with oil marketing companies absorbing some of the price hike. This approach aims to prevent significant inflation and GDP impact, ensuring stability for the public.
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Iran war shows markets can’t ignore every geopolitical shock
For sheer escalatory potential, look no further than the speed at which the six-day-old war in Iran has drawn in countries across the Middle East, causing the biggest energy shock since Russia’s full-scale invasion of Ukraine in 2022. While the long-term consequences of military action by the United States and Israel against Iran are unpredictable, worst-case scenarios for the global economy and markets have begun to unfold. Although the least important thing about any war is how it affects...
By Nicholas Spiro
Read full article →Petrol and diesel prices: What does Middle East crisis mean for fuel cost? Check list
Despite escalating Middle East tensions and a surge in global crude oil prices, petrol and diesel rates in major Indian cities remain steady. Government sources indicate a strategy to shield consumers, with oil marketing companies absorbing some of the price hike. This approach aims to prevent significant inflation and GDP impact, ensuring stability for the public.
By TOI BUSINESS DESK
Read full article →Middle East crisis hits local industries
KARACHI: The ongoing Middle East crisis is beginning to affect local industries, while a Japanese auto assembler also fears supply disruptions in the arrival of imported parts and accessories as global routes are disrupted. Agritech Ltd has announced it has shut down its urea plant until further notice due to a suspension in RLNG supply from March 4, 2026 by the gas utility company. In a stock filing, the company stated that Sui Northern Gas Pipelines Ltd (SNGPL) has officially communicated r...
By none@none.com (Aamir Shafaat Khan)
Read full article →Govt. to provide vouchers, financial aid to SMEs with Middle East exports
Emergency export vouchers and financial aid packages will be provided to small and medium-sized enterprises with exports to the Middle East starting next week to minimize damage stemming from an ongoing regional crisis, the industry ministry said Thursday. The Korea Trade-Investment Promotion Agency will operate an emergency export voucher program for SMEs with Middle East exports from Wednesday to reduce financial burden on companies facing return shipping costs and war-risk surcharges, accordi
By The Korea Herald
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