Defence

Business

Iran war: PM Modi terms situation “worrisome” with adverse impact on economy, people

March 23, 2026 revoi editor

Virendra Pandit   New Delhi: Expressing deep concerns over the emerging situation in West Asia in the wake of the escalating conflict, Prime Minister Narendra Modi on Monday termed it as “worrisome” as it is having a very adverse impact on the global economy and the livelihoods of people, the media reported. Making a statement […]

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Business

Iran war: Two more LPG carriers set to leave the Strait of Hormuz for India

March 23, 2026 revoi editor

  Virendra Pandit   New Delhi: Amid the escalating war in West Asia and Prime Minister Narendra Modi’s address in the Lok Sabha, expressing concerns over the emerging situation, two more Indian-flagged LPG tankers are set to cross the Strait of Hormuz to head for India, the media reported on Monday. The two LPG tankers, […]

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blog

Repercussions of the Iran- US Israel War on Gulf States

March 23, 2026 revoi editor

By Harsh Pargat The death of Iran’s Supreme leader Syed Ali Khamenei on 28th February in a joint airstrike done by US and Israel as part of Operation Epic Fury. The strikes killed the Supreme leader. And this led to the escalation of war between the three countries. This article emphasizes on the repercussions of […]

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Business

N-facility: IAEA confirms Iran’s Natanj plant hit, but Tehran says no leakage noticed

March 21, 2026 revoi editor

Virendra Pandit   New Delhi: Iran’s Natanz nuclear enrichment facility was hit in an airstrike on Saturday, the official Iranian news agency Mizan was quoted as saying in media reports, as the war in West Asia entered its fourth week. There was no radiation leakage, Mirzan said. Amid escalating regional strikes, the International Atomic Energy […]

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Business

Roving Periscope: The US ‘un-sanctions’ floating Iranian oil–that Tehran says ‘doesn’t exist!’

March 21, 2026 revoi editor

Virendra Pandit   New Delhi: To soften the global energy crisis and ensure the availability of affordable oil and gas worldwide, the US on Friday lifted sanctions on Iranian-origin crude oil at sea for a month, but Tehran said it has no floating oil anywhere! According to media reports, the temporary US measure was expected […]

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Business

The Iran war: Japan, Canada, Europe ready to ease the Strait traffic, to stabilize energy markets

March 20, 2026 revoi editor

Virendra Pandit   New Delhi: Leading European nations, Japan, and Canada said on Thursday they are ready to join appropriate efforts to ‌ensure safe passage of oil and gas through the Strait of Hormuz and ​would take steps to stabilise energy markets. In a joint statement, they condemned Iran’s attacks on unarmed commercial vehicles in the […]

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Business

Energy needs: The US may un-sanction 140 mn barrels of Iranian oil on the seas

March 20, 2026 revoi editor

Virendra Pandit   New Delhi: Treasury Secretary Scott Bessent has said the US is looking to lift sanctions, long imposed on Iranian oil, to ease the spike in energy prices triggered by its war in the Gulf region, and could also look at a unilateral release of its own reserves. “In the coming days, we […]

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Defence

Roving Periscope: Iran bombs Mideast assets and Israel, as the US plans reopening Hormuz

March 20, 2026 revoi editor

Virendra Pandit   New Delhi: While the US-Israel war on Iran entered its 20th day on Friday. Israel said it would avoid future attacks on Tehran’s energy infrastructure as the USA, which has urged Congress to sanction USD 200 billion for the war,  tried to reopen the Strait of Hormuz—but Iran continued to strike select […]

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Business

Cost of war: 20 days of Gulf war add $12 bn to US national debt; total crosses $39 trillion

March 19, 2026 revoi editor

Virendra Pandit   New Delhi: The United States’ national debt surpassed a record USD 39 trillion on Wednesday, a milestone that comes just weeks into the ongoing US-Israeli war in Iran, the media reported on Thursday. White House economic adviser Kevin Hassett estimated on Sunday that the war in Iran had cost the US more […]

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Business

Markets: Mideast war, crude@USD119/barrel, FPI withdrawals bleed Sensex, Nifty by over 3%

March 19, 2026 revoi editor

Virendra Pandit   New Delhi: With Iran targeting gas fields in West Asia, crude oil prices shooting up to USD 116 per barrel, and foreign investors fleeing, India’s benchmark indices Sensex and Nifty50 bled heavily over 3 percent on Thursday, competing with levels during the COVID-19-triggered lockdowns in 2020. On the first day of the […]

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