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Asian countries are increasingly looking to the US as an energy supplier to reduce their dependence on the Middle East amid regional instability and supply chain concerns, Environmental Protection Agency Administrator Lee Zeldin said....

India is well-prepared for Middle East crisis disruptions, with ample fuel stocks and no supply issues reported. The government is diversifying gas import sources and will soon announce support for affected exporters, including insurance schemes. Despite short-term economic pressures and rupee stress, India remains confident in its growth trajectory....

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Indian exporters are navigating Middle East conflict fallout, facing rising freight, insurance, and transit times. Businesses are adapting by adjusting inventory and contracts, while shipping lines reroute vessels around Africa, adding significant delays and costs. The government is exploring support measures, including airlifting perishables and alternative port options....

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Oil could pass 2008 record of $147.50 a barrel as damage and closures risk compounding supply shock caused by Iran warThe world's largest offshore oilfield stretches more than 40 miles from Saudi Arabia's eastern province into the depths of the Persian Gulf. For almost 70 years the Safaniya field has produced millions of barrels of Arabian heavy crude to be sold by the biggest oil-producing country. This week, the field was shut.The war in Iran has effectively blocked the Gulf states from exporting a fifth of the world's oil supply to the international buyers through the strait of Hormuz. Iran's attacks on tankers trapped in the vital trade route have erased an estimated 15m barrels of oil from the global market. Continue reading......

The Qatar GP, scheduled for April 10-12, has been rescheduled for November 8 amid the ongoing US-Israeli war on Iran....

The scale of the fighting in the Middle East is eating into stockpiles that might otherwise have been available for Ukraine, the two conflicts in direct competition for the same limited supply of high-end defensive weapons....

Foreign investors aggressively sold Indian stocks in early March, withdrawing over Rs 52,000 crore due to West Asian tensions, a weakening rupee, and rising oil prices. This follows a brief inflow in February, with analysts citing geopolitical risks and better prospects in other Asian markets. Despite outflows, opportunities arise for domestic investors....

Norway — which is not an EU member but is closely aligned on many issues — has often extolled the virtues of stable energy supplies from a peaceful, democratic country....

RIAD (dpa-AFX) - Im Nahen Osten ist es zu weiteren Angriffen auf mehrere Golfstaaten gekommen. Das saudische Verteidigungsministerium meldete am Abend den Abschuss von sechs ballistischen Raketen im Gouvernement al-Chardsch. Zu Verletzten oder Schäden ......

Australia's government touted the country's ability to supply LNG reliably as global energy markets are roiled by the Middle East conflict, while calling on trading partners to boost investment in its gas resources....

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Global oil markets are on edge as the Strait of Hormuz, a vital shipping lane, faces closure due to ongoing conflict. Analysts warn of soaring fuel prices, potentially reaching $150 a barrel, impacting transportation costs and leading to higher prices for consumers. This instability could also pressure the US economy, increasing inflation and recession risks....

Amidst Middle East crisis concerns, India assures stable fertiliser supply for the upcoming Kharif season. Government data reveals urea stocks are higher than last year, with DAP and NPK reserves also significantly boosted. Domestic production is expected to exceed consumption, and global tenders have been issued to ensure uninterrupted shipments....

Any decision to dispatch Japanese military vessels to the Middle East to escort ships would face “high hurdles,” a senior official said, after President Donald Trump expressed hopes that Tokyo would join the US to keep the Strait of Hormuz “open and safe.”...

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Die israelische Bodenoffensive im Libanon nimmt Fahrt auf. Nach Angaben der israelischen Armee sterben Dutzende Hisbollah-Kämpfer. Weil die Regierung in Beirut die Miliz nicht entwaffnet, plant Israel die Einnahme des Gebietes südlich des Litani-Flusses....

Shell-operated LNG has stepped up production and cargoes exports as buyers in Asia scramble for supply in the midst of the conflict in the Middle East....

Costco isn't immune to price hikes, but its core strategy could help the company avoid them....