Daily Republic News
- Business
- March 2, 2026
Qatar Halts LNG Production, Saudi Refinery, Iraqi Kurdish And Israeli Oil, Gas Fields Shut Amid Mideast Strikes
Qatar halted production of liquefied natural gas on Monday and Saudi Arabia shut its biggest domestic oil refinery after a drone strike, a source said, as Israeli and U.S. strikes and Iranian retaliation triggered precautionary shutdowns of oil and gas facilities across the Middl Read More
- Business
- March 2, 2026
Iran Conflict Disrupts Global Shipping As Tankers Are Stranded, Damaged
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz. Shipping through the strait between Iran and Read More
- Business
- March 2, 2026
From India To China: Who Will Be Impacted If Iran Blocks Strait of Hormuz?
On the scale of impact that volatility in the Strait of Hormuz will have on India, Industrialist Harsh Goenka noted that the South Asian nation will be “worst affected”.The vital strait open for maritime trade located between Iran, Oman and the UAE, is credited for almost 20% of Read More
- Business
- March 2, 2026
Industrial Output Momentum Weakens as Manufacturing Growth Cools to 4.8%
The manufacturing sector, which accounts for over 77% of the IIP, grew by 4.8% in January, a decline from the 8% plus growth rates seen in the final months of 2025. While 14 out of 23 industry groups managed to stay in positive territory, the growth was largely concentrated in he Read More
- Business
- March 2, 2026
The Strait of Hormuz Crisis: What Does It Mean For Global Economy, Markets & India?
Amid the ongoing Israel-US conflict with Iran, concerns over how this would impact the world’s seaborne oil trade flows and liquified natural gas supply that passes through Strait of Hormuz have further escalated.The Strait of Hormuz, which lies between Oman and Iran, is consider Read More
- Business
- March 2, 2026
Iran’s Strait of Hormuz Gambit Triggers $150 Oil Warning; Global Economy Braces for Historic Energy Shock
The global energy landscape is standing on a precipice. Following a wave of Iranian strikes targeting critical infrastructure across Saudi Arabia and the UAE, including a drone attack on the massive Ras Tanura refinery, and the effective closure of the Strait of Hormuz, the spect Read More
- Business
- March 2, 2026
Oil Surges, Stocks Slide, Dollar Rallies As Conflict Grips Middle East
Oil prices surged, the dollar jumped and shares slid on Monday as military conflict in the Middle East looked set to last for weeks, threatening to upend a global economic recovery and perhaps reignite inflation.Brent jumped around 10% to $79.90 a barrel, though it had briefly to Read More
- Business
- March 2, 2026
Republic Media Network Invests In ImagiNxt To Support Scaling Of India’s Economic Innovation And Emerging Tech Ecosystem
Mumbai, March 2, 2026: Republic Media Network announced the acquisition of an equity stake in the parent company of ImagiNxt, underscoring its commitment to support emerging institutions that are driving innovation and policy dialogue in key sectors across India. The minority equ Read More
- Business
- March 2, 2026
Upstream Oil Majors ONGC, Oil India Rally 5% Amid Crude Oil Price Spike
The shares of upstream oil companies ONGC, Oil India rose as much as 5% in trade on Monday, March 2 after crude oil prices surged as much as 12% after attacks in the Middle East region were escalated by Iran-Israel.While The US-Israel and Iran conflict has increased oil prices, I Read More
- Business
- March 2, 2026
Aviation Stocks Crash Up to 9% as War Fears Ignite Oil Spike; JM Financial Issues Warning
Aviation stocks witnessed a sharp sell-off on Monday, plunging up to 9% as a spike in global crude oil prices and widespread airspace disruptions rattled investor sentiment.Shares of InterGlobe Aviation, which operates IndiGo, fell as much as 7.58% intraday to ₹4,460.90, after hi Read More
