Around 20 percent of global oil and LNG flows through this vital chokepoint. China and India are the largest destinations for these energy resources.
India imports 88 per centof its crude oil requirement, and higher global prices typically raise concerns over inflation and a wider import bill.
Iran has declared the closure of the Strait of Hormuz, vowing to attack any ship attempting to pass through this vital oil ...
These events led to facility shutdowns across the Middle East and disrupted shipping in the Strait of Hormuz, impacting ...
Iran's envoy claimed one facility was targeted. The watchdog chief noted limited contact with Iran's nuclear regulator.
Milestone marks formal start of construction for 700 MWe PHWRs; first unit targeted for criticality in 60 months ...
Prime Minister Narendra Modi has inaugurated POWERGRID transmission projects worth over ₹3,600 crore in Rajasthan to ...
Record-high silver prices could raise solar module costs by 3-8% and tariffs by 1-3%, potentially increasing project capex by up to ₹27 lakh per MW in India, impacting bids, financing, and solar ...
This precautionary shutdown, along with disruptions in Iraqi Kurdistan and Israeli gas fields, has heightened supply ...
The closure of the Strait of Hormuz, a vital oil and LNG transit point, raises concerns about further disruptions and higher commodity prices.
"In civil nuclear energy, we have struck a landmark deal for long-term uranium supply," Modi said, adding the countries would also work together on small modular reactors and advanced reactors.
Wood Mackenzie warns that a halt in Strait of Hormuz traffic could disrupt 15% of global oil and 20% of LNG, potentially ...