ELECTRICITY SHORTAGE
Pakistan is juggling blackouts and Iran diplomacy
Pakistan is emerging as a key mediator in efforts to ease tensions between the US and Iran, with talks likely to be hosted in Islamabad. However, this diplomatic role contrasts with a worsening domestic power crisis, as the country faces prolonged outages due to LNG shortages and poor coordination in water and energy management.
Narendra Modi chairs key CCS, Cabinet meetings in Parliament
Prime Minister Narendra Modi led a crucial cabinet meeting in New Delhi. Discussions focused on economic affairs and security measures. The government reviewed steps to ensure the availability of essential goods like petroleum products, fertilizers, and electricity. The impact of the West Asia conflict on India's economy was also assessed.
Iran war pushes Asia to think twice before doubling down on LNG
A Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily reliant on the fuel. Plans for widespread adoption of gas are now uncertain. Countries are seeking alternatives, potentially leading to long-term shifts in energy strategies and reduced demand for LNG.
Europe may run out of jet fuel in 6 weeks: Why IEA warns Europe could face flight chaos as Iran war sparks a global energy crisis
Europe jet fuel shortage: Europe faces a potential six-week jet fuel shortage due to ongoing supply blockages from the Iran war, raising concerns about flight cancellations. The International Energy Agency warns of the largest energy crisis ever, with restricted Strait of Hormuz access impacting global economic growth and inflation through rising fuel prices.
Indian restaurants' 'slowdown' is ringing up a ₹79,000 cr bill as Iran war chokes LPG supply
The Indian dining scene is looking at a staggering monthly loss of ₹79,000 crore as a result of a commercial LPG shortage. This hiccup is forcing all types of eateries to shut down temporarily or seek alternative cooking methods.
Iran war exposes cost of Asia's fossil fuel reliance
The latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply disruptions, forcing costly spot purchases. In contrast, Pakistan’s shift to solar reduced reliance on imports and cushioned the impact. The divergence underscores the need for emerging economies to accelerate clean energy adoption to limit exposure to price volatility.
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Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy households
During recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in other countries or even private retailers, raising questions about the credibility of “market-linked” pricing.

NCR workers unrest adds to cost strain on firms already hit by Iran war
Worker protests over minimum wages are escalating in Noida and Manesar. This unrest, following a significant wage hike in Haryana, is increasing costs for companies already burdened by rising input and energy prices. Apparel exporters face potential order delays and financial strain. The situation highlights broader labor issues and potential impacts on India's blue-collar workforce and export sector.

Startups spot a cool opening as ACs become everyday need
Air-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by large brands. New entrants are developing affordable, energy-efficient products for urban living, while government incentives for local manufacturing are lowering barriers in a market long dominated by large players.

West Asia war may have adverse implications for auto industry: SIAM
The war in West Asia could create near-term headwinds for India’s automobile sector through rising input costs, supply chain disruptions and pressure on logistics, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said on Tuesday.

No roti, no naan: Karachi families burn in anger as their stoves stop burning amid gas crisis in Pakistan's largest city
For the second consecutive week, unannounced gas outages have thrown daily life into disarray for thousands of households in Karachi. Families are queuing for roti and LPG, students are struggling, and political leaders are criticising the Sui Southern Gas Company for inefficiency. The utility claims supply is maintained during meal times.

Not just Noida, why workers are protesting across several cities in India
Industrial unrest has erupted in Noida, one of Asia’s largest planned industrial hubs, as workers across thousands of units protest over minimum wage concerns, with violence reported in parts of the electronic city. The agitation comes amid rising global living costs triggered by fuel supply disruptions linked to the US-Israeli war involving Iran.

No serious LPG supply shortage reported by auto component makers so far, says govt
Addressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Industries, Hanif Qureshi, said that regarding supply chain issues, the ministry is in constant touch with the automobile industry and is making appropriate efforts to address them.

Japanese shares end lower as US-Iran talks falter, naval blockade looms
Japanese shares ended lower on Monday as the U.S.-Iran peace talks collapsed over the weekend and the American Navy prepared a blockade on Iranian ports, casting fresh doubts about the durability of an ongoing ceasefire.

Lessons learned in 70s have made US, world economies less vulnerable to oil shocks
The world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decades of efforts have increased energy efficiency and reduced reliance on Middle Eastern oil. New energy sources and stockpiles provide a buffer. While challenges remain for consumers and businesses, the global economy is less vulnerable to this shock than before.

Domestic Indian migrants weigh return home in energy crunch
Domestic migrants in New Delhi are considering leaving the city due to soaring black market prices for cooking gas, exacerbated by Middle East war-related energy supply chain strains. With incomes dwindling and official LPG connections unavailable, many are resorting to expensive firewood or facing impossible choices between food and work, prompting a return to their villages.

Execution, order inflows to drive L&T growth; BEL rides defence push: Siddhartha Khemka
India's capital goods sector is experiencing robust growth, fueled by strong order backlogs and increasing project execution across infrastructure, power, and industrial segments. Government focus on development and manufacturing, alongside new-age tech investments, is driving demand. Companies are poised for steady revenue expansion and stable profitability, with key players like L&T and BEL showing strong prospects.

Fuel shortages from Iran war threaten Asia’s biggest food staple
Iran War: Farmers across Southeast Asia face a crisis as missiles flew in th Middle East. Soaring fuel and fertilizer prices, driven by the Middle East conflict, are forcing many to abandon their rice fields. This situation threatens food supplies as planting for the next season becomes unaffordable.

Big Tech puts financial heft behind next-gen nuclear power as AI demand surges
Big Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amazon, and Google are partnering with modular reactor developers. These deals offer funding and revenue certainty. This boosts the advanced nuclear sector. It faces challenges but sees growing interest from investors and banks.

India Inc ramps up exports as Iran ceasefire reopens Middle East trade
Indian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacity. Companies expect a surge in orders for reconstruction activities in war-affected nations. Pharma and packaged food sectors see increased demand.

West Asia War: Govt pushes local induction cooktop output amid LPG concerns
West Asia War: The government is pushing Indian companies to boost local production of commercial induction cooktops. This move aims to prevent potential shortages of LPG for restaurants and hotels. Manufacturers are ready to expand but need help with component sourcing, especially glass from China. Incentives and policy support are sought to build a strong domestic manufacturing base for these appliances.

US-Iran truce brings respite, but no quick fix for India Inc's supply pain
CEOs express cautious optimism following the US-Iran ceasefire, anticipating a consumer sentiment boost after a month of geopolitical uncertainty. While markets rallied and oil prices dropped, they caution that supply chain disruptions, LPG shortages, and labor migration will take time to normalize, with inflationary pressures persisting.

West Asia war: India’s $334-billion F&B industry simmers on a low flame
The West Asia conflict is posing significant challenges for India’s F&B industry, with LPG shortages and supply disruptions pushing many small eateries on the brink of huge losses. In response, they are making menu adjustments, reducing operating hours, and in some cases, shutting down altogether.

Electric appliance makers to seek GST cut as LPG crisis lifts demand
Electric cooking appliance makers are urging the government to reduce GST on products like induction cooktops and air fryers, while also seeking relief from component import bottlenecks from China. This comes as the Centre aims to boost production to address household LPG shortages, with a meeting scheduled to discuss urgent measures.

Is Trump the president who lost Asia to China?
Developing countries long wary of dependence on China are rethinking that stance as the US-Israel war with Iran disrupts energy supplies. Nations tied to Chinese supply chains are showing greater resilience than those reliant on the US-led order.

Feeling the heat of Iran war: Plan afoot to raise induction cooktop, utensil output
India is planning to increase the production of induction cooktops and electric cookers. This move comes as demand surges due to disruptions in cooking gas imports caused by Iran war. The government held a meeting to discuss ways to speed up manufacturing. This proactive step aims to ensure future supply chains are robust.

Legacy players gain ground in EV two-wheelers as Ola Electric slips
The Bengaluru-based EV maker, led by Bhavish Aggarwal, sold 10,118 vehicles in March 2026 capturing 5.4% market share, a sharp decline from the 22.1% share it held in April 2025, according to data from the government-run Vahan portal.

Kerala's food streets gasping for gas amid 'LPG shortages'
Kerala's vibrant food trade faces a severe LPG cylinder shortage. Roadside eateries, home-based meal outlets, and restaurants are struggling. Many are scaling down operations or closing. The ongoing West Asia war is cited as a cause. This crisis impacts daily earners, students, and the elderly. The situation is causing significant worry among business owners and customers alike.

India’s gas shortage will make Dal compete with data
India is facing a worsening cooking gas shortage as the Iran war disrupts LPG supplies, exposing the country’s heavy reliance on imports routed through the Strait of Hormuz. The crunch is driving a sharp shift toward electric cooking, with demand surging and raising concerns about pressure on the power grid, especially during peak evening hours.
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