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Posted inTHE BIG STORY TODAY

India moves to multi-pronged energy solution: Gulf bypass to secure LPG, oil storage, and LNG amid Hormuz blockade

India is fighting the oil shock from the ongoing regional war on every front, all at once: New Delhi is moving cargoes through the Strait of Hormuz under naval cover, locking in long-term Gulf supply, passing rising fuel costs to consumers, and ramping up domestic substitution. As the shock increasingly shows up in the macro […]

Posted inAVIATION

Foreign carriers take a record share of India’s international flights as Air India pulls back from long-haul

The Iran war and the ensuing fuel shock are jolting India’s international aviation model. Air India is pulling back from long-haul routes; foreign carriers — European, Asian, and Gulf alike — are moving fast to fill the gap; and the country’s dependence on foreign hubs for westbound traffic is deepening rather than easing. By the […]

Posted inCALENDAR

MAY 26 May (Tuesday): Eid Al-Adha. JUNE 15-17 June (Monday-Wednesday): Prime Minister Narendra Modi to attend G7 Summit in Evian, France. 18-21 June (Thursday-Sunday): Bharat Buildcon, Yashobhoomi, Dwarka, Delhi. 24-25 June (Wednesday-Thursday): India Homeland Security Expo, Bharat Mandapam, Pragati Maidan, New Delhi. 26 June (Friday): Muharram. Signposted to happen sometime in 1H 2026: Signing of […]

Posted inWHAT WE’RE TRACKING TODAY

THIS AFTERNOON: India’s import shift drives explosive growth in Oman crude shipments

Good morning, friends. This is the week our corridor story stopped being five separate stories. Modi heads to Abu Dhabi on Friday — not Riyadh. The PM's five-nation tour kicks off with the UAE on 15 May, then Europe. Anyone watching the Hormuz numbers can read this as a crude-and-LNG diversification swing, dressed as diplomacy. […]

Posted inECONOMY

India is prepping emergency capital and import controls as INR hits new lows

Out of room: After two years of shielding consumers from oil shocks, the Prime Minister’s Office, the Finance Ministry, and the Reserve Bank of India are in active discussions on emergency FX-saving measures, Bloomberg reports, citing people it says are familiar with the matter. The INR closed at 95.64 per USD yesterday, a record low […]

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