M/T Nasha: How Iran is racing to store oil using ‘ghost ship’ as Kharg Island nears capacity

As the United States continues to tighten its blockade on Iranian oil flows, Tehran is repeatedly scrambling to manage excess crude, with its key export hub Kharg Island rapidly approaching storage limits.Tehran is now reportedly moving to expand crude storage at Kharg Island by reactivating the 30-year-old crude carrier M/T Nasha, signalling mounting pressure on…

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Iran war: How Trump sanctions on China’s private refiner may have collateral damage beyond oil

Hengli represents a far more significant target. It is one of China’s most advanced private refiners. (AI image) The Donald Trump administration’s step to sanction one of China’s largest privately owned refiners over its links to Iran will have implications beyond oil! China has for years remained the largest buyer of Iranian crude, much of…

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India-New Zealand FTA signed: Duty on 100% Indian exports down to zero; top points to know about trade deal

India New Zealand FTA (AI image) India and the New Zealand on Monday signed the India-New Zealand Free Trade Agreement (FTA) in the presence of Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay. The agreement is expected to significantly strengthen economic ties between the two countries. It aims…

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Gold, Silver Rate Today Live Updates: Gold, silver prices volatile amid US-Iran impasse, US Federal Reserve meet this week

Gold and silver began the week on a weaker note on the Multi Commodity Exchange of India on Monday. The decline came as rising crude oil prices intensified inflation concerns and strengthened expectations that interest rates could remain elevated for an extended period, particularly with US-Iran negotiations still at an impasse. Hopes of renewed diplomatic…

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‘Trade deal to provide huge opportunities’: Piyush Goyal ahead of India-New Zealand FTA signing

Union minister Piyush Goyal Agra: The free trade agreement (FTA) with New Zealand, scheduled to be signed on Monday, will provide huge opportunities for domestic firms, including leather exporters from the city of the Taj Mahal, commerce and industry minister Piyush Goyal said Sunday. Goyal is here with the visiting New Zealand’s trade and investment…

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Gold and silver outlook: Where are precious metals headed this week? Analysts answer

Precious metals gold and silver could remain under pressure in a holiday-shortened trading week as markets react to developments around US-Iran peace talks, movements in crude oil prices and key global central bank policy decisions, analysts said. According to analysts, sentiment in precious metals is expected to be shaped largely by geopolitical and macroeconomic triggers…

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India’s wheat outlook: Production stable despite challenges, says government

India’s wheat output for the 2025–26 crop year is expected to remain steady despite weather disruptions, the agriculture ministry said on Sunday, even as an industry estimate suggested lower production. The ministry said that the crop is “stable and resilient despite localised damage” caused by unseasonal rainfall and hailstorms. It described the season as “mixed…

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