war risk premiums

The Indian government has launched a $1.5 billion Bharat Maritime Insurance Pool, backed by a $1.4 billion sovereign guarantee, to offer risk cover for Indian vessels on international routes, including war zones. This initiative aims to reduce shipping insurance premiums and guarantee coverage even when global insurers withdraw due to rising risks.

Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

To increase resilience, massively scale up renewables, electrify transport, and make India attractive for world's best companies

According to the government, India has around 60 days of petroleum supplies in various forms including strategic reserves. But if 20% of the world’s crude supply remains disrupted over 2.5 months of the war, where is India getting its oil from?

India's beloved chai faces unprecedented challenges. Climate stress, rising costs, and global conflicts are impacting tea production and exports, making your daily cup more expensive. Despite these pressures, the nation's deep emotional connection to tea, a symbol of hospitality and connection, ensures its enduring cultural significance.

Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.

India is the only major oil importing country to have not raised prices through the West Asia crisis. With polls now over, the government may have no choice but to pass the cost of rising crude to to the consumer

Commercial shipping through the Strait of Hormuz faces immense risks despite remaining technically open, with Indian vessels experiencing significant disruptions and safety concerns. Seafarers exhibit hesitation due to past incidents, impacting normal traffic flow and leading to increased operational costs for shipowners.

Middle East conflict escalates, pushing crude oil prices above $126 per barrel and straining India's state-run oil companies. Facing mounting losses, these companies seek permission to raise pump prices, but the government hesitates, balancing consumer protection against financial pressures and potential inflation.

With overseas Puja committees rethinking priorities amid global uncertainty, the idols makers are growing jittery about delays

President Trump has directed aides to prepare for a prolonged naval blockade of the Strait of Hormuz, aiming to choke Iran's oil exports and force concessions without triggering wider conflict. This strategy is causing global energy disruptions, with rising gasoline prices impacting American consumers and forcing other nations to scramble for alternative supplies.

Middle East tensions surged Friday, pushing oil prices up as Iran released footage of commandos boarding a ship in the Strait of Hormuz and reported military activity over Tehran. Analysts warn prolonged disruption could severely impact global supply, with inventories potentially falling to multi-year lows. Markets remain on edge as diplomatic efforts face uncertainty.

A recent report highlights that while the US can sustain a conflict with Iran for now, it's depleting critical missile stockpiles. This drawdown significantly impacts readiness for potential future conflicts, particularly with China. Rebuilding these advanced munitions will take years, posing a strategic vulnerability for America's global position.

Refining companies indicate they have sufficient supplies for the next month, but prices no longer reflect the discounted levels seen in the years following the Ukraine conflict. At the same time, the volume of crude available in transit is shrinking quickly.

US President Trump's second term prioritizes oil, leveraging energy dominance for global influence. Campaign funding from oil interests aligns with policies boosting domestic production and easing regulations. Sanctions on rivals and geopolitical events like the Hormuz crisis engineer demand for American exports, impacting nations like India and reshaping global energy markets.