India reach T20 World Cup final
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India’s trade deal with President Trump was supposed to end its imports of oil from Russia. But the war in Iran has cut off alternative supplies from the Middle East.
India imports up to 90% of the oil it consumes, leaving it highly exposed to disruptions in global supplies India's ties to the region run deeper than energy. About 10 million Indians live and work across the Gulf,
India's access to crucial energy supplies received a temporary boost on Friday after US Treasury Secretary Scott Bessent announced a 30-day waiver allowing Indian refiners to purchase Russian oil.
As the Iran-linked conflict enters Day 7, Dubai airspace remains closed and Gulf tensions rise. UAE says it intercepted 6 ballistic missiles and 125 drones, while 94 residents were injured by debris.
India and Canada aim to conclude a trade deal by the end of the year as their leaders reset strained relations in Delhi.
Washington and New Delhi have reached an agreement to lower U.S. tariffs on Indian goods and expand market access on both sides.
NEW DELHI- Airfares on several major routes between North America and India have surged sharply after the closure of key airspace corridors disrupted long-haul flight operations, forcing airlines to reroute flights and reduce capacity.
With tensions escalating between US-Israel and Iran and both sides refusing to take a step back and come to the negotiating table, questions have risen whether the war in West Asia has the potential to turn into World War 3.