International

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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English

Europe, Japan to Join Efforts to Guard Vessels through Strait of Hormuz, Iran Planning to Impose Transit Fees

March 19, 2026 Editor In Chief

Manas Dasgupta NEW DELHI, Mar 19: As some leading European nations and Japan agreed to join “appropriate efforts” to ensure safe passage for vessels through the Strait of Hormuz amidst the West Asia war, Iran is learnt to be considering imposing transit fees on vessels passing through the Strait in an attempt to monetise its […]

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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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English

APSEZ’s Colombo Terminal Handles A Million Containers In Its First Year

March 19, 2026 revoi editor

A rapid first-year ramp-up at the Port of Colombo in Sri Lanka underscores the expanding global footprint of Adani Ports and Special Economic Zone Ltd (APSEZ), highlighting both the growing importance of the Indian Ocean Region (IOR) in global trade flows and its emerging role in the blue economy. In a milestone that signals both […]

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English

Iranian President Confirms Khatib’s Killing

March 18, 2026 Editor In Chief

NEW DELHI, Mar 18: Iran’s President Masoud Pezeshkian on Wednesday late evening confirmed the death of Intelligence Minister Esmaeil Khatib, describing it as a “cowardly assassination”, hours after Israel said its forces had killed him in an overnight airstrike on Tehran. Israel’s Defence Minister earlier said Khatib was “eliminated” in strikes on Tuesday night, just […]

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English

West Asia War: Iran Confirms Assassinations of Larijani, Soleimani, but No Word on Khatib

March 18, 2026 Editor In Chief

Manas Dasgupta NEW DELHI, Mar 18: Iran has confirmed the killing in the on-going West Asia war of its security chief Ali Larijani and the head of the Basij forces, Major General Gholamreza Soleimani, However, there was no confirmation from Iran of Israel’s claims of having eliminated Iranian Intelligence Minister Esmail Khatib. Israel’s Defence Minister […]

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