Daily Republic News
- Business
- March 6, 2026
Saudi Aramco Reroutes Crude Cargoes To Yanbu To Ensure Safety And Supply Stability Amid Strait Of Hormuz Tensions Due To Iran War | EXCLUSIVE
United States and Israel’s war with Iran has spilled over into the Strait of Hormuz, one of the world’s most critical energy chokepoints, prompting a surge in oil prices.Shipping through the strait, which carries one-fifth of the oil consumed globally as well as large quantities Read More
- Business
- March 6, 2026
Explained: How the US Russian Oil Waiver Could Impact India’s Inflation, Rupee and Import Bill
The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil already in transit, offering short-term relief to India’s energy supply and import costs amid escalating geopolitical tensions in West Asia.The exemption, which was annou Read More
- Business
- March 6, 2026
Reliance Industries Shares Rise Nearly 2% After US Grants 30-Day Waiver for Russian Crude Shipments
Shares of Reliance Industries climbed nearly 2% in early trade on Friday, bucking a broader market decline after the United States granted a temporary 30-day waiver allowing Indian refiners to process Russian crude shipments already in transit.The stock rose 1.85% to ₹1,414.20, o Read More
- Business
- March 6, 2026
Judge Orders US Government to Refund Up to $182 Billion in “Illegal” Trump Tariffs
A federal judge on Wednesday ordered the U.S. government to begin paying refunds of President Donald Trump’s emergency tariffs that the U.S. Supreme Court deemed illegal in late February. This could ultimately return $168 billion to $182 billion to importers, budget analysts esti Read More
- Business
- March 6, 2026
Sensex Drops 450 Points as Brent Hits $84; IT and Defence Stocks Buck the Trend
Indian equity benchmarks opened sharply lower on Friday and continued to trade with significant volatility through the morning session, as escalating tensions in the Middle East pushed global crude oil prices higher and dampened investor sentiment.At around 10:46 AM IST, the BSE Read More
- Business
- March 6, 2026
ED Raids Firms Linked to Anil Ambani and Reliance Power, Searches Underway At 12 Locations
The Enforcement Directorate on Friday morning carried out multi-city raids on companies associated with Anil Ambani and Reliance Power Limited, officials said.#BREAKING | ED conducts multi-city raids linked to Anil Ambani, 15 teams search premises connected to Reliance Power.Tune Read More
- Business
- March 6, 2026
‘If They Rise, They Rise. I Don’t Have…’: Trump Downplays Rising Fuel Costs, Says Iran War ‘Far More Important’
President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S. military operation was his priority.”I don’t have any concern about it,” he said, when asked abo Read More
- Business
- March 5, 2026
India In Talks With US Over Strait Of Hormuz Insurance Mechanism
Amid rising tensions triggered by the Israel-US conflict with Iran, India has sought clarity from the United States over a proposed insurance mechanism covering its oil tankers and other vessels traversing through the Strait of Hormuz.This critical maritime waterway lying between Read More
- Business
- March 5, 2026
Pakistan Mulls Over Petroleum Price Revision After Tanker Traffic Plunges 90% In Strait Of Hormuz
Israel-US-Iran War: In the backdrop of escalating tensions in West Asia induced by Israel-US conflict with Iran, Pakistan mulls over revising petroleum prices, providing compensation for oil companies, and transitioning to work-from-home to keep markets functioning after the oil Read More
- Business
- March 5, 2026
India & Finland Ink Mobility Pact; 2030 Vision To Double Trade Via New Strategic Partnership
To streamline the movement of students, professionals, and researchers, Prime Minister Narendra Modi and President Alexander Stubb formalized a Migration and Mobility Partnership Agreement. PM Modi described Finland as a “preferred destination” for Indian talent. He noted that th Read More
