Chief Minister Bhajan Lal Sharma announced that Prime Minister Narendra Modi will inaugurate the country’s first Hindustan Petroleum Corporation Limited Integrated Refinery-cum-Petrochemical Complex at Balotra on April 21.
Amid the ongoing West Asia crisis, Directorate General of Shipping (DG Shipping) has directed ports to ensure concessions for exporters with stranded cargo in the war-affected Persian Gulf region.
Global crude oil prices on Tuesday hit new highs, jumping more than 3 per cent amid geopolitical tensions and US President Donald Trump’s Tuesday deadline to reopen the Strait of Hormuz to Iran.
International crude oil prices traded higher on Monday as persistent fears of supply disruptions in West Asia kept markets on edge, with the ongoing US-Israel-Iran conflict weighing on sentiment.
