The Economic Times
Elections 2026Mumbai / The Economic Times
The USS Abraham Lincoln continues military operations in regional waters. This follows Iran's Navy claiming missile fire and issuing warnings. US CENTCOM confirmed the carrier's ongoing activities. Iranian officials dismissed US influence and stated a policy of resistance. President Trump commented on Iran's desire for a deal.
Indian Railways has removed over three crore fake accounts from the IRCTC portal to stop ticket touts. Most train seats, 78 percent, are in non-AC categories, ensuring affordable travel. Over 75,000 special trains have run this financial year. Railway safety has also improved significantly, with accidents down 90 percent.
American Petroleum Institute CEO Mike Sommers stresses reopening the Strait of Hormuz is vital for global oil and gas prices. He noted supply disruptions are impacting markets significantly. Sommers highlighted that restoring tanker movement through this key route is the White House's most effective tool. He warned of continued price rises if the strait remains closed.
Cuba has denied a request from the US Embassy in Havana to import diesel for its generators. This comes as the US administration continues its fuel blockade on the island. The Cuban government's rejection could lead to a reduction in US embassy staff. Cuba faces oil shortages after Venezuela halted shipments.
Gujarat has imposed a 50% cut on industrial gas usage and a 40% cut for fertilizer and milk processing due to West Asia conflict concerns. The state government assured uninterrupted domestic LPG distribution, prioritizing household consumption over commercial uses. This measure aims to prevent shortages for domestic kitchens amidst global supply chain disruptions.

26 C