A growing LPG shortage in Tamil Nadu is forcing hotels to switch back to traditional firewood cooking, significantly impacting food prices, operations, and even festive dining habits during Ramadan. According to M. Venkadasubbu, president of the Tamil Nadu Hotels Association, numerous businesses use firewood to prepare both main meals and accompaniments. LPG Shortage Forces Shift … Read more

The US has taken a strategic step to stabilize global oil markets by temporarily easing sanctions on Iranian oil amid rising energy prices and geopolitical tensions. According to the Treasury Secretary, the waiver would assist ease pressure on the energy supply and control oil prices by bringing almost 140 million barrels of oil to international … Read more

Gold and silver markets are experiencing sharp volatility as global macroeconomic factors outweigh traditional safe-haven demand amid geopolitical tensions. The continuous dispute between the United States, Israel, and Iran has caused gold and silver prices to become very volatile, indicating that geopolitical stress is no longer the primary factor influencing precious metals. Gold and Silver … Read more

Global oil markets remain under pressure as conflicting signals from the US and Iran create uncertainty about future supply and pricing trends. In contrast to previous statements from the United States that indicated a temporary relaxing of sanctions may unleash major Iranian supplies to stabilize prices, Iran has said that it has no extra crude … Read more

India’s fuel pricing strategy remains steady despite global oil volatility, reflecting efforts to balance economic stability with energy security. Despite a significant increase in the price of crude oil worldwide, India has maintained the majority of gasoline prices, even as refiners are thinking about buying Iranian oil again after the US temporarily lifted sanctions. India … Read more