India, Pakistan Brace for Oil Price Surge, Seek New Oil Suppliers
Thursday, 19 June 2025 () India and Pakistan are weighing their options in case the Israel-Iran conflict disrupts oil supplies through key chokepoints. While many analysts are still not convinced that Iran can actually afford to close the Strait of Hormuz, as it has threatened, it’s a big gamble, and Indian refiners are making backup plans. Indian refiners are considering supplies from West African producers and other alternative energy sources as the world’s second-largest importer of crude grows wary of the unfolding situation. Meanwhile, India’s neighbor,…
In a bold and unequivocal message, Prime Minister Narendra Modi has dismissed US President Donald Trump’s claim of brokering a ceasefire between India and Pakistan. After a high-stakes phone call..
Iran unleashes its next-generation Fattah-1 hypersonic missiles, allegedly targeting and completely destroying Israel’s Haifa oil refinery. This strike marks a disturbing new phase in regional..
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