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India’s Reliance buys Venezuelan oil directly from PDVSA, document and data show

April 6, 2026
Finance

April 6 (Reuters) – A unit of India’s refiner Reliance Industries has begun loading a 2-million-barrel ​cargo of Venezuelan heavy crude directly bought from state-run energy ‌company PDVSA, according to a company document and shipping data on Monday. Since Caracas signed a flagship oil supply deal with Washington after the U.S. capture of ​President Nicolas Maduro in January, only a small group ​of companies have been able to buy cargoes directly from ⁠PDVSA. Oil proceeds from any sales remain controlled by the ​United States through bank accounts administered by the Treasury Department, and commercial ​terms must follow U.S. guidance, according

Pakistan threat to Kolkata enters Bengal poll campaign, TMC questions BJP’s silence

April 6, 2026
Politics
Abhishek Banerjee on 6 April questioned Prime Minister Narendra Modi over his alleged silence on remarks by Pakistan’s defence minister threatening a strike on Kolkata, accusing the Centre of failing to respond to the statement.

Bethuadahari/Siliguri, Apr 6 (PTI): Pakistan Defence Minister Khawaja Asif’s threat to target Kolkata unexpectedly opened a new front in West Bengal’s bitter election battle on Monday, allowing the TMC to turn the BJP’s campaign themes of nationalism, infiltration and national security back on the saffron party. With barely two weeks left for the first phase of assembly polls, Chief Minister Mamata Banerjee and her nephew Abhishek Banerjee on Monday launched a coordinated attack on Prime Minister Narendra Modi, accusing him and the BJP leadership of maintaining silence over Pakistan’s threat to target Kolkata in the event of any future conflict.

US service sector cools in March; price paid measure highest in 3-1/2 years

April 6, 2026
Finance

WASHINGTON, April 6 (Reuters) – U.S. services sector growth slowed in March, while prices paid by ‌businesses for inputs climbed to near a 3-1/2-year high, an early sign that the prolonged war with Iran was boosting inflation pressures. The Institute for Supply Management said on Monday its nonmanufacturing purchasing managers index slipped to 54.0 last month from 56.1 in ​February. Economists polled by Reuters had forecast the services PMI dipping to 54.9. A reading above 50 ​indicates growth in the services sector, which accounts for more than two-thirds of U.S. ⁠economic activity. The U.S.-Israel conflict with Iran, now in its

Israel hits Iranian petrochemical plant in massive gas field as Trump deadline approaches

April 6, 2026
Politics
A man sits beside an Iranian flag banner during a government-sponsored protest attended by medical workers against the U.S.-Israeli military campaign outside Imam Khomeini Hospital in Tehran, Iran, Monday, April 6, 2026. (Photo: AP)

TEHRAN, Iran, April 6, 2026 (AP) — Israel struck a key petrochemical plant at Iran’s massive South Pars natural gas field and killed two paramilitary Revolutionary Guard commanders on Monday, potentially challenging a new 45-day ceasefire proposal for Tehran and the United States as President Donald Trump’s ultimatum looms within hours. The gas field attack was aimed at eliminating a major source of revenue for Iran, Israel said. The field is critical to Iran’s electricity production, but the strike appeared to be separate from Trump’s threats to target power plants and bridges if Tehran doesn’t reopen the Strait of Hormuz

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