Business

The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions linked to tensions in the Middle East.US energy secretary Chris Wright said the measure is intended to quickly bring oil stored in floating…

Story so far: In the wake of the oil crisis triggered by the Israel-U.S. strikes on Iran, Centre has invoked the Essential Commodities Act, 1955, on Friday (March 5, 2026), ordering all oil refining companies to maximise production of Liquified Petroleum Gas (LPG) and make it available to domestic consumers only. Naming public Oil Marketing Companies (OMCs) — IndianOil, Hindustan Petroleum and Bharat Petroleum, which supply gas to 99% of…

Indian Oil Corporation Ltd terminal at Kondapalli near Vijayawada in Andhra Pradesh. File | Photo Credit: Rao G.N. Addressing concerns about a potential fuel supply shortage in the country amidst the escalating tension in West Asia, India’s largest oil marketing company (OMC) IndianOil informed Friday (March 6, 2026) that reports suggesting a shortage of petrol…

Prime Minister Narendra Modi addresses the post-budget webinar on “Sustaining and Strengthening Economic Growth” via video conferencing, in New Delhi on Friday. Photo credits: DD News via ANI Video Grab Addressing a webinar here on Friday (March 6, 2026) on the budget proposals for the rural economy and agriculture, Prime Minister Narendra Modi urged agri-entrepreneurs…

Toyota Motor Corp. vehicles bound for shipment at the Port of Nagoya in Tokai, Aichi Prefecture, Japan, on Tuesday, April 29, 2025. Toru Hanai | Bloomberg | Getty Images DETROIT — Toyota Motor, Hyundai Motor and Chinese automakers such as Chery face the most potential impact of non-domestic automakers from the U.S.-Israel war with Iran,…

U.S. President Donald Trump takes questions from the media during a bilateral meeting with German Chancellor Friedrich Merz in the Oval Office of the White House on March 03, 2026 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said Friday in a social media post that there would be no deal to end…

CNBC’s Diana Olick joins ‘Squawk Box’ to break down the latest mortgage data. 👉 Visit the Official SleepLean Website Source link Check SleepLean Official Website

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box The war in Iran is sparking a wealth flight from the UAE. CNBC’s Robert Frank joins ‘Squawk Box’ with more. 👉 Visit the Official SleepLean Website 05:09 Check SleepLean Official Website an hour ago Robert Frank Source link

A sign displays prices for gasoline at a station on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty Images While the U.S. war with Iran is playing out thousands of miles away, American consumers are already feeling financial ripple effects. The U.S.-Israeli strikes on Iran over the weekend gave way to a week…

Victoria’s Secret store in New York. Scott Mlyn | CNBC Victoria’s Secret topped expectations during its holiday quarter and forecast a better-than-expected year for sales growth on Thursday as CEO Hillary Super’s turnaround plan continues to resonate with shoppers.   The legacy bra and underwear company beat Wall Street’s expectations on both the top and bottom…