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India safe from Strait of Hormuz closure due to diversified oil imports, says Hardeep Singh Puri
India safe from Strait of Hormuz closure due to diversified oil imports, says Hardeep Singh Puri

Time of India

time20 hours ago

  • Business
  • Time of India

India safe from Strait of Hormuz closure due to diversified oil imports, says Hardeep Singh Puri

— HardeepSPuri (@HardeepSPuri) Live Events As tensions escalate in the Middle East and Iran progresses towards closing the Strait of Hormuz , Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday assured citizens that India's energy supply remains stable, citing significant diversification of oil import routes in recent years.'We have diversified our supplies in the past few years and a large volume of our supplies do not come through the Strait of Hormuz now,' Puri said in a statement posted on social media platform Strait of Hormuz, a narrow passage between the Persian Gulf and the Gulf of Oman, is a vital artery for trade as it accounts for nearly 30% of global oil and one third of the world's LNG shipments."Our Oil Marketing Companies have supplies of several weeks and continue to receive energy supplies from several routes. We will take all necessary steps to ensure stability of supplies of fuel to our citizens," the union minister added in his Puri informed that India has been closely monitoring the evolving situation between Iran and Israel over the past two weeks. "We have been closely monitoring the evolving geopolitical situation in the Middle East since the past two weeks."According to media reports, the Iranian Parliament on Sunday approved the closure of the Strait of Hormuz after the US' Operation Midnight Hammer strikes on three of the country's major nuclear a final decision of the suspension of movement in the critical trade route is awaiting a go-ahead from Supreme Leader Ayatollah have warned that the decision might strike a severe blow to the global oil supply at a fragile time when the world economy is embroiled in multiple warfronts.

Modi completes 11 years as PM; BJP says 'great initiatives, actions' under him bolstered nation
Modi completes 11 years as PM; BJP says 'great initiatives, actions' under him bolstered nation

Time of India

time26-05-2025

  • Politics
  • Time of India

Modi completes 11 years as PM; BJP says 'great initiatives, actions' under him bolstered nation

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The BJP on Monday lauded Prime Minister Narendra Modi's leadership as he completed 11 years in office, saying the tenure has been marked by "great initiatives, policies and strategic actions" that have strengthened the country. It was on this day in 2014 when Modi took oath as prime minister for the very first time. He took the oath for a third term on June 9 last year."Heartiest congratulations to PM Narendra Modiji on completing 11 years of being the Prime Minister of India," BJP national spokesperson Sambit Patra wrote in a post on MP from Puri said the past 11 years have been marked by great initiatives, policies and strategic actions that have strengthened the country is "grateful" for PM Modi's visionary leadership, unwavering commitment to development and tireless efforts in elevating India's global stature, Patra the sentiment, Union Minister for Tribal Affairs Jual Oram, in an X post, said, "On this day, we mark 11 transformative years of Narendra Modiji serving as the Prime Minister of India - a journey that began on May 26, 2014 , rooted in the vision of 'Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas'.""On May 26, 2014, Narendra Modiji took oath as the prime minister with a pledge to serve the nation. Since then, Modiji has been engaged in serving people as ' pradhan sevak ' day and night," BJP national general secretary Vinod Tawde said in a post on these years, the country has taken decisions that are "unimaginable and unprecedented" and has "broken decades-old shackles", he party in its official X handle wrote: "On May 26, 2014, India didn't just witness a swearing-in. It witnessed the birth of a new era."Addressing a large gathering in Gujarat's Dahod, PM Modi on Monday launched a scathing attack on Pakistan, asserting that its sole objective is to foster hatred towards India and orchestrate harm, while India remains steadfast in its pursuit of poverty eradication and economic lauded " Operation Sindoor ", describing it as not merely a military operation but a "profound expression of India's ethos and feelings", and said the decisive action taken under it was a direct fulfilment of the responsibility entrusted to him by the nation's citizens when they made him 'pradhan sevak' on May 26 in 2014.

Operation Sindoor: India shall never tolerate terrorism, says Sitharaman
Operation Sindoor: India shall never tolerate terrorism, says Sitharaman

Time of India

time07-05-2025

  • Business
  • Time of India

Operation Sindoor: India shall never tolerate terrorism, says Sitharaman

(You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Finance Minister Nirmala Sitharaman on Wednesday said ' Operation Sindoor ' is a strong response by India's armed forces, showing the country shall never tolerate terrorism. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in military strikes were conducted under 'Operation Sindoor' two weeks after the Pahalgam attack that killed 26 a post on X, Sitharaman said under the leadership of Prime Minister Narendra Modi, India will ensure that every perpetrator of terror is pursued."#OperationSindoor is a strong response by @adgpi, hitting at the terror hubs in Pakistan. India shall never tolerate terrorism," Sitharaman posted on Minister is currently in Milan, Italy, to attend the annual meeting of the Asian Development Bank.

Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor
Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor

Economic Times

time07-05-2025

  • Politics
  • Economic Times

Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor

Following India's Operation Sindoor, US Secretary of State Marco Rubio has expressed the United States' commitment to fostering a peaceful resolution between India and Pakistan. Rubio's statement comes amid rising international apprehension after India's strikes on terror-linked sites in Pakistan and PoK, triggered by the Pahalgam terror attack that killed 26 civilians. Tired of too many ads? Remove Ads In the wake of India's precision military strikes under Operation Sindoor on Wednesday, US Secretary of State Marco Rubio stated that the United States will continue to engage with both Indian and Pakistani leadership in an effort to encourage a peaceful resolution to the escalating tensions between the two nations.'I am monitoring the situation between India and Pakistan closely. I echo @POTUS's comments earlier today that this hopefully ends quickly and will continue to engage both Indian and Pakistani leadership towards a peaceful resolution,' Rubio said in a post on social media platform US leader's remarks come amid growing international attention following India's early Wednesday morning airstrikes on nine terror-linked sites in Pakistan and Pakistan-occupied Jammu and Kashmir (PoK). The strikes were launched in response to the Pahalgam terror attack , in which 26 civilians — including 25 Indians and one Nepali tourist — were after the strikes, National Security Advisor Ajit Doval spoke with the US Secretary of State to brief him on the actions taken during the President Donald Trump also commented on the situation, expressing hope for a swift de-escalation. 'We just heard about it as we were walking through the doors of the Oval... They've been fighting for a long time... I just hope it ends very quickly,' he said.

Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor
Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor

Time of India

time07-05-2025

  • Politics
  • Time of India

Monitoring situation between India and Pakistan closely: US Secretary of State Rubio says after Operation Sindoor

— secrubio (@secrubio) GIF89a����!�,D; 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by In the wake of India's precision military strikes under Operation Sindoor on Wednesday, US Secretary of State Marco Rubio stated that the United States will continue to engage with both Indian and Pakistani leadership in an effort to encourage a peaceful resolution to the escalating tensions between the two nations.'I am monitoring the situation between India and Pakistan closely. I echo @POTUS's comments earlier today that this hopefully ends quickly and will continue to engage both Indian and Pakistani leadership towards a peaceful resolution,' Rubio said in a post on social media platform US leader's remarks come amid growing international attention following India's early Wednesday morning airstrikes on nine terror-linked sites in Pakistan and Pakistan-occupied Jammu and Kashmir (PoK). The strikes were launched in response to the Pahalgam terror attack , in which 26 civilians — including 25 Indians and one Nepali tourist — were after the strikes, National Security Advisor Ajit Doval spoke with the US Secretary of State to brief him on the actions taken during the Operation.

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