The Hindu Businessline

The OPEC producer is offering discounts to official prices of as much as $33.40 a barrel for its flagship Basrah Medium crude, according to a notice from state oil marketer SOMO seen by Bloomberg News

The IPEF was launched jointly by the US and other Indo-Pacific partner countries

A CII report released in 2023 had pegged Indian investments in the US in the range of $40 billion, which had led to the creation of 4.25 lakh jobs

In a Court of International Trade order last week, the agency was expected to start refunds around May 11

Addressing concerns over global energy markets, Bessent acknowledged a shortfall of up to 10 million barrels per day due to the crisis but expressed confidence that supply would stabilise

uring a Fox News interview, Trump suggested that Iran would be lown off the face of the Earth if it attacked US vessels involved in the operation 'Project Freedom'

Three Indian nationals have been injured after attacks took place in Fujairah

The bank announced two major programmes -- the Pan-Asia Power Grid Initiative and the Asia-Pacific Digital Highway -- with proposed investments of $50 billion and $20 billion, respectively

With oil exports curtailed and infrastructure under stress, Iran faces a potential production crisis

The mission involves a significant US military deployment and comes amid heightened tensions that have disrupted oil supplies and driven up global energy prices.

The move is designed to show the group is ready to raise supplies once the war stops

The US President said he was looking at the new proposal sent by Iran on the plane and would talk to the media in Miami

The Marshall Islands-flagged Sarv Shakti, carrying about 45,000 tons of LPG, moved north through the waterway past Irans Larak and Qeshm islands toward the Gulf of Oman on Saturday

Plans and projects to diversify away from Hormuz have been on drawing boards for decades, and those workarounds are now being stress-tested as never before

In a letter to congressional leaders on Friday, the deadline to come to Congress about the war, Trump said there has been no exchange of fire with Iran since the ceasefire

UKMTO has reported over 40 incidents between March 1 and April 27, including attacks, vessel damage, harassment, and near-misses involving merchant ships navigating the region

USTR Section 301 report on IP cites concerns over potential threat of patent revocations; pharma sector remains a focus area