India trade deficit chart showing rising imports and exports data with oil prices impact

India May See Relief in Record Trade Deficit as Oil Prices Ease, Trade Deals...

New Delhi, India | April 21, 2026 India could see relief from its record-high trade deficit in the coming months as easing crude oil prices...
Oil Prices Surge as US Seizes Iranian Vessel; Tehran Threatens Retaliation, Ceasefire at Risk

Oil Prices Surge as US Seizes Iranian Vessel; Tehran Threatens Retaliation, Ceasefire at Risk

Tehran/Washington | April 20, 2026 Global markets and geopolitical tensions intensified on Monday after the United States seized an Iranian-flagged cargo vessel in the strategically...
Mark Carney Warns Canada’s Reliance on U.S. Is a ‘Critical Weakness,’ Urges Urgent Trade Diversification

Mark Carney Warns Canada’s Reliance on U.S. Is a ‘Critical Weakness,’ Urges Urgent Trade...

Ottawa, Canada | April 20, 2026 Former Bank of Canada governor Mark Carney has warned that Canada’s deep economic reliance on the United States represents...
India LPG Consumption Drops 13% in March Amid Middle East Tensions, Supply Disruptions Hit Commercial Sector

India LPG Consumption Drops 13% in March Amid Middle East Tensions, Supply Disruptions Hit...

New Delhi, India — April 19, 2026 India’s liquefied petroleum gas (LPG) consumption declined sharply in March, falling 13% year-on-year as geopolitical tensions in the...
Iran Closes Strait of Hormuz Again, Fires on Ships Amid US Standoff; Indian Tankers Caught in Crossfire

Iran Closes Strait of Hormuz Again, Fires on Ships Amid US Standoff; Indian Tankers...

Dubai/New Delhi — April 19, 2026 Iran has once again shut down the strategically vital Strait of Hormuz, escalating tensions with the United States and...
Hormuz Flashpoint: IRGC Gunfire Forces Indian Ships to Retreat, New Delhi Summons Iranian Envoy

Hormuz Flashpoint: IRGC Gunfire Forces Indian Ships to Retreat, New Delhi Summons Iranian Envoy

New Delhi/Dubai — April 18, 2026 Tensions in the Gulf surged again after reported gunfire by Iran-linked forces forced two India-bound vessels to reverse course...
Crude Oil Falls Below $90, But Petrol and Diesel Prices Remain Unchanged in India

Crude Oil Falls Below $90, But Petrol and Diesel Prices Remain Unchanged in India

New Delhi, India — April 18, 2026 Global crude oil prices have dropped sharply, falling below $90 per barrel after a nearly 10% decline, but...
LPG Price in India: Will Cylinder Rates Fall After Hormuz Reopens? Here’s What Experts Say

LPG Price in India: Will Cylinder Rates Fall After Hormuz Reopens? Here’s What Experts...

New Delhi, India — April 18, 2026 Amid ongoing tensions in the Middle East, a key question for Indian households is whether LPG cylinder prices...
DA Hike 2026: Cabinet Clears 2% Dearness Allowance Increase for Central Govt Employees and Pensioners

Cabinet Approves 2% DA Hike for Central Govt Employees, Boost Effective January 1, 2026

New Delhi, India — April 18, 2026 In a significant move, the Union Cabinet has approved a 2% increase in Dearness Allowance (DA) for central...
Oil Prices Drop 10% as Strait of Hormuz Reopens; S&P 500, Dow Jump on Supply Relief

Oil Prices Plunge Over 10% After Strait of Hormuz Reopens; Wall Street Surges

New York, United States — April 17, 2026 Global oil prices plunged sharply on Friday after Iran announced the full reopening of the Strait of...

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