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India, Sri Lanka discuss proposal for oil pipeline
COLOMBO: Indian Vice President C P Radhakrishnan and Sri Lankan President Anura Kumara Dissanayake discussed the proposed link between India and the island nation through an oil pipeline, Foreign Secretary Vikram Misri said here on Sunday.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Radhakrishnan and Dissanayake also had productive discussions on further deepening the multifaceted bilateral ties, housing projects and fishermen issues between the two South A...
Oil prices jump: Brent rises to $96.30, WTI at $90.22 as Tehran rejects 2nd round of US-Iran talks
Oil prices jumped during early Monday (April 20, 2026) trading in Asia, with WTI crude at $90.22/barrel, up $6.37 or 7.60%, and Brent crude at $96.30/barrel, $5.92 or 6.55% higher, as of 8:36 am Tokyo time [or 11:36 pm GMT Sunday].The gains came as markets tracked renewed geopolitical risk, while Murban crude fell 9.80% to $91.70 and natural gas rose 1.42% to 2.712.Oil prices jumped due to a stacking of risks: military escalation, uncertain shipping through the Hormuz oil artery, potential stall...
Armed Forces eye biogas, solar to cut fuel use amid West Asia crisis
Orders to procure biogas stoves are in the pipeline and will be initiated soon by the Army, the officials said.
Asia’s EV revolution shifts into overdrive with Iran war oil shock
Across Asia, a revolution in how people move was already gathering speed. War in Iran just hit the accelerator. Prashant Tiwari was among the first people at his company to go electric when he swapped his petrol car for a Hyundai Kona five years ago. Now, his colleagues at Fusemachines Nepal – an AI firm in Kathmandu – are calling him a prophet. “They say you don’t have any problem,” the 36-year-old product manager said. “I think it is foolish to buy a petrol-run car now, and everyone generally....
وال استریت ژورنال: امارات گفتوگو با آمریکا برای دریافت پشتوانه مالی را آغاز کرده است
والاستریت ژورنال گزارش داد امارات برای دسترسی سریع به دلار در صورت طولانی شدن جنگ با ایران، گفتوگو با آمریکا درباره ایجاد پشتوانه مالی را آغاز کرده است. رییس بانک مرکزی امارات ایده راهاندازی خط تبادل ارزی را با وزیر خزانهداری آمریکا و مقامهای فدرال رزرو مطرح کرده است.
Oil prices jump as Strait of Hormuz tensions escalate
Oil prices jump as Strait of Hormuz tensions escalate7 minutes agoShareSaveAdd as preferred on GooglePeter HoskinsBusiness reporterAFP via Getty ImagesGlobal oil prices jumped in Monday morning trade in Asia as tensions rose between the US and Iran over the Strait of Hormuz waterway.Brent crude futures were up by 6.4% at $96.13 (£71.27), while West Texas Intermediate was 7.5% higher at $90.15.On Friday, oil prices plummeted after Tehran said the strait would be "completely open" to com...
Nat Barr unloads on Jacinta Allan as Victoria hurtles towards $200bn debt: 'Can you afford this?'
Jacinta Allan tried to dodge questions about budget crisis READ MORE: Jacinta Allan rocked by mass resignations months before electionBy KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA Published: 00:49, 20 April 2026 | Updated: 00:49, 20 April 2026 e-mail View comments
Oil and Gas Prices Surge After US Seizes Iranian Ship
President Donald Trump has said the US Navy fired upon and seized an Iranian-flagged cargo ship in the Gulf of Oman after it failed to heed warnings to stop as it left the Strait of Hormuz. Bloomberg's Laura Davison reports on the latest as oil and gas prices rise. (Source: Bloomberg)
Australia’s Viva Sees Refinery Fuel Output at 90% Within Weeks
Viva Energy Group Ltd. said its Geelong refinery in Australia will boost diesel, jet fuel and gasoline production to about 90% of capacity over the next few weeks after a major fire forced it to cut output.
India has splurged billions on metro trains. But where are the commuters?
India has splurged billions on metro trains. But where are the commuters?Just nowShareSaveAdd as preferred on GoogleNikhil InamdarHindustan Times via Getty ImagesIndia has spent $26bn on building a metro network across nearly two dozen citiesOn a weekday evening last month, Mumbai's southbound Aqua Line metro train nearly emptied out a couple of stops before the final one.On de-boarding, the last station bore the look of a desolate Soviet-era structure rather than a bustling train terminal...
Britain set to 'flirt with recession' this summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six months
Britain set to ‘flirt with recession’ this summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six monthsBy HUGO DUNCAN, BUSINESS EDITOR Published: 00:11, 20 April 2026 | Updated: 00:18, 20 April 2026 e-mail View comments
ABF poised to reveal result of Primark and food business demerger plan
Retail analysts say breaking up food and fashion group would make sense in challenging business environmentPrimark may break free from Kingsmill, Twinings and the sugar business this week when Associated British Foods announces plans on a mooted demerger.The potential split comes at a tricky time for the group controlled by the billionaire Weston family, with its fashion and food arms facing tough competition and rising costs. Continue reading...
Average price tag on a home jumps by nearly £3,000 in April – Rightmove
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UK to narrowly avoid recession and jobless rate to surge, Item Club warns
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Asia Private Credit Debates Changes to Soothe Jittery Investors
Some of Asia’s private credit firms are mulling changes to the industry including longer lock-up periods and higher redemption caps after turmoil in the US in recent months increased scrutiny from investors and regulators across the region.
BofA, Jupiter See Upside for Asia Defense Stocks on Arms Buildup
Asian defense stocks are attracting renewed investor interest following a global arms buildup sparked by the Iran war, with some investors seeing the sector as a longer-term growth story rather than a short-term geopolitical trade.
Oil prices jump amid renewed tensions over the Strait of Hormuz
Iran warOil prices jump amid renewed tensions over the Strait of HormuzStock futures also dropped as traders also closely watched the status of possible peace talks.Listen to this article with a free account00:0000:00Add NBC News to GooglePresident Trump says U.S. struck and seized Iranian tanker02:24Get more newsLiveonShareAdd NBC News to GoogleApril 19, 2026, 6:53 PM EDTBy Steve KopackThe price of oil jumped sharply and stock futures tumbled Sunday evening as traders digested renewed tensions...
Gold Falls as Renewed Hormuz Disruption Stokes Inflation Concern
Gold fell after vessels came under fire in the Strait of Hormuz at the weekend, renewing fears of energy-supply disruptions that have stoked inflation concerns during more than seven weeks of war in the Middle East.
US Futures Fall, Oil Jumps as Iran Tensions Worsen: Markets Wrap
Oil climbed, the dollar rose and US equity futures slipped as risk sentiment soured following a renewed flare-up in US-Iran tensions over the weekend and a continued standoff around the Strait of Hormuz.
Surge in number of foreign criminals sees cost of court translators reach £152,000 a day - amid concern over scams and poor quality services
Surge in number of foreign criminals sees cost of court translators reach £152,000 a day - amid concern over scams and poor quality servicesBy RICHARD MARSDEN, GENERAL REPORTER and ISAAC CROWSON Published: 22:51, 19 April 2026 | Updated: 23:05, 19 April 2026 e-mail View comments