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Latest News

India raises jet fuel, commercial LPG prices as Mideast crisis drives global surge

April 1, 2026
General

New Delhi, April 1 (Reuters): Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on Wednesday, following a sharp spike in ​global prices due to the U.S.-Israeli war on Iran. India, the world’s second-largest ‌LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from cooking gas shortages. Domestic fuel retailers have raised prices of aviation ​turbine fuel by 8.6% to 104,927 rupees per kiloliter and commercial ​LPG by 10.4% to 2,078.50 rupees per 19-kilogram cylinder in New ⁠Delhi, the Indian Oil Corporation’s (IOC.NS), opens new

Donald Trump says the US could end the Iran war in two to three weeks

April 1, 2026
General
President Donald Trump speaks during a Mexican Border Defense Medal presentation in the Oval Office of the White House, Monday, Dec. 15, 2025, in Washington. (Photo: AP)

WASHINGTON/JERUSALEM/CAIRO, April 1 (Reuters): President Donald Trump said the United States could end its military attacks on Iran within two to three weeks and ​Tehran did not have to make a deal as a prerequisite for the conflict to wind down. The remarks underscored the shifting and at times contradictory statements from Washington about how the ‌war, now in its fifth week, might end. “We’ll be leaving very soon,” Donald Trump told reporters at the White House on Tuesday, saying the exit could take place “within two weeks, maybe two weeks, maybe three.” Asked if successful diplomacy with Iran was a prerequisite

Trump administration says its war in Iran has been ‘terminated’ before 60-day deadline

April 1, 2026
Politics

WASHINGTON, May 1, 2026 (AP) — The Trump administration is arguing that the war in Iran has already ended because of the ceasefire that began in early April, an interpretation that would allow the White House to avoid the need to seek congressional approval. The statement furthers an argument laid out by Defense Secretary Pete Hegseth during testimony in the Senate earlier Thursday, when he said the ceasefire effectively paused the war. Under that rationale, the administration has not yet met the requirement mandated by a 1973 law to seek formal approval from Congress for military action that extends beyond

India’s 1st Iranian oil cargo since 2019 headed to Gujarat coast

March 31, 2026
General
India's 1st Iranian oil cargo since 2019 headed to Gujarat coast

New Delhi, March 31 (PTI): India’s first Iranian crude oil cargo since 2019 may be headed towards a port in Gujarat, according to ship tracking data. Indian refiners have been looking to purchase a few oil cargoes of Iranian oil on water following the recent sanctions waiver by Washington. “The Indo-Iranian oil trade has flickered back to life. Following the US administration’s decision to grant a 30-day window for Iranian oil “on the water” due to regional conflict, the vessel Ping Shun is now en route to Vadinar (in Gujarat) with 600,000 barrels of crude. This is the first such

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