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Tankers with 1.7 MT of oil, LPG & LNG stuck in Gulf

March 19, 2026

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Financial Express Delhi

TWENTY-TWO INDIAN-FLAGGED ships — carrying 1.67 million tonne of crude oil, 320,000 tonne of LPG and about 200,000 tonne of LNG — remained stranded in the western Persian Gulf amid the raging conflict in West Asia, officials said on Wednesday.

- SAURAV ANAND

Of the 22 stranded vessels, four are carrying crude and one is transporting LNG.

Officials, however, said India remained “comfortably positioned” in terms of petrol, diesel, crude oil and liquefied natural gas stocks, with imports being secured from alternate sources.

المزيد من القصص من Financial Express Delhi

Financial Express Delhi

Petrol losses at ₹10-14/lt; break-even needs crude at $85: BPCL CMD

STATE-RUN OIL MARKETING companies (OMCs) continue to incur diesel under-recoveries of around ₹25-30 per litre and petrol losses of ₹10-14 per litre even after the recent cumulative ₹4-per-litre increase in retail fuel prices, BPCL Chairman and Managing Director Sanjay Khanna said.

time to read

2 mins

May 20, 2026

Financial Express Delhi

Trump warns Iran of ‘big hit’ if no deal happens within days

TEHRAN BEGGING FOR A DEAL, SAYS US PRESIDENT

time to read

1 mins

May 20, 2026

Financial Express Delhi

India to use crisis for faster reform & resilience: Goyal

INDIA WILL CONVERT the current difficult situation and the risks associated with global geopolitics into an opportunity for faster reform and greater resilience, Commerce and Industry Minister Piyush Goyal said on Tuesday.

time to read

1 mins

May 20, 2026

Financial Express Delhi

From adtech to agentic AI

FOR MANY YEARS, marketing teams have used adtech to help them conduct ad campaigns.

time to read

2 mins

May 20, 2026

Financial Express Delhi

Hindalco arm Novelis reports net loss of $84 million in Q4

NOVELIS, THE WHOLLY-OWNED subsidiary of Hindalco Industries, on Tuesday reported a consolidated net loss of $84 million for the quarter ended March 31, 2026, due to fire incidents at its plant in Oswego, New York.

time to read

1 min

May 20, 2026

Financial Express Delhi

Innovation, green tech power India-Nordic ties

AS INDIA AND Nordic countries agreed to transform ties into a Green Technology Partnership, leaders of all six countries flagged concerns of global tensions and turbulence in the international order, and Prime Minister Narendra Modi said India and the Nordic nations will continue to stand together in upholding a “rules-based global order”.

time to read

2 mins

May 20, 2026

Financial Express Delhi

WOMEN INVESTORS MORE AT HOME WITH MARKET-LINKED PRODUCTS

Women investors are more comfortable with mutual funds and disciplined investing through SIPs, as per a report shared by MF registrar and transfer agency CAMS.

time to read

1 min

May 20, 2026

Financial Express Delhi

BPCL FY26 profit soars 75% to ₹23,303 crore

STATE-OWNED BHARAT PETROLEUM Corporation (BPCL) on Tuesday reported a largely flat net profit of ₹3,191.49 crore for the January-March quarter after taking an impairment loss of ₹4,349.13 crore on upstream investments amid changing prospects in oil and gas blocks.

time to read

1 min

May 20, 2026

Financial Express Delhi

Govt to monitor Boeing fuel-switch test tied to Air India London incident

AIR SAFETY OFFICIALS plan to travel to Seattle to observe Boeing’s testing of a fuel-control switch panel that was removed from an Air India 787 in February after the pilots on a London-Bengaluru flight flagged a possible defect, according to documents seen by Reuters.

time to read

1 mins

May 20, 2026

Financial Express Delhi

‘In three years, all claims will be processed by AI’

Star Health has launched a low-cost health insurance product targeted at individuals and families in tier 2, 3 and 4 cities. Managing Director and Chief Executive Anand Roy tells Narayanan V that customers from these markets will account for 60% of the business over the next two years. He also speaks about the FY27 growth outlook and how the country’s largest standalone health insurer is leveraging AI in claims processing and underwriting. Excerpts:

time to read

2 mins

May 20, 2026

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