Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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QatarEnergy declares Force Majeure

Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared Force Majeure to its affected buyers.

QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information.

#InternationalNews
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West Asia War:

EU urges Ukraine to allow access to pipeline carrying Russian oil

Shameless? Yeah they have been since centuries

#InternationalNews
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Iranian Warship Sinking off the coast of Sri Lanka; Reports say 30 Iranian sailors have been rescued. The Warship was coming from India hosted Fleet Review in February
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๐Ÿ‡ฎ๐Ÿ‡ทโš”๏ธ๐Ÿ‡บ๐Ÿ‡ธ US MILITARY RELEASES VISUALS OF ATTACK ON IRAN WARSHIP IRIS DENA IN THE INDIAN OCEAN

79 Iranians were reportedly rescued by the Sri Lankan military; 100+ remain missing. One person is reportedly dead.
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STAT ALERT ๐Ÿšจ

Finn Allen of New Zealand has hit the fastest Hundred in T20WC History off 33 Balls #Sports
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿ‡ฎ๐Ÿ‡ทโš”๏ธ๐Ÿ‡บ๐Ÿ‡ธ US MILITARY RELEASES VISUALS OF ATTACK ON IRAN WARSHIP IRIS DENA IN THE INDIAN OCEAN 79 Iranians were reportedly rescued by the Sri Lankan military; 100+ remain missing. One person is reportedly dead.
Too much controversy happening on this news.

Both Indians and foreigners are saying India "betrayed" Iran by not protecting the warship from the American submarine.

Here are some facts -
1. The ๐Ÿ‡ฎ๐Ÿ‡ท ship IRIS Dena was docked at Vishakapatnam for the International Fleet and Ex. MILAN. As long as it was in Indian EEZ, the ship was under our protection. We are not going to babysit a military vessel (whose country is an active combatant) in International waters.

2. The movements of a nuclear submarine are almost impossible to track for any Navy in the vast Indian Ocean. And Indian Navy's resources are occupied with protecting our interests in Persian Gulf and Gulf of Oman. We could have never seen this coming and warned anyone.

3. Iranians could have formally asked New Delhi for refuge, and we would have provided, but for some reason they did not do so. Now it's learnt that another Iranian ship is seeking refuge at Colombo Port.

If India would have denied Iran's request for refuge, it would be an act worth the outrage, but how can India be expected to take the blame for this?

#Geopolitics #Opinion
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Fake News Alert!

None of the Indian ports are being used by the US Navy in the Gulf War 2.0. We caution you against such baseless and fabricated comments.
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India signs $238MN Deal with Russia For Air Defence Systems

The contract is for Shtil air defence systems equipped with vertical-launch missiles for Indian Navy Warships

#Defense #Geopolitics
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Electric 4-wheeler registrations rose 50% in February, led by Tata Motors #EV
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๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡จ๐Ÿ‡พโšก UK says Drone launched towards Cyprus not originated from Iran
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ฑโš”๏ธ๐Ÿ‡ฎ๐Ÿ‡ท US-Israel Airstrikes on Tehran
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Indiaโ€™s flagship export engines facing challenges
โ€ข Smartphones: Air cargo routes via Dubai & Doha are key transit hubs to the US, Europe, Africa
โ€ข Electronics: Rising freight + chip import costs if Gulf airspace disruptions persist
โ€ข Gems & jewellery: Already hit by volatility in gold prices and shipping delays #Economy #Exports #Geopolitics
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India opens nearly 4 lakh sq km in the Andaman Basin for #oil & gas exploration, with potential for Guyana-like oil discoveries.

Andaman oil exploration can propel India towards a $20 trillion economy, says Lt Gov Admiral D. K. Joshi. #Energy #aatmarnirbharbharat
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USAF F-15E Strike Eagle shot down by Iran over western Iran yesterday.
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India's security agencies have asked private #startups to develop so-called bodyguard satellites as the country accelerates efforts to protect #space assets at a time of heightened geopolitical tensions, according to people familiar with the matter.

https://t.co/PvpXfJgkq5
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Russia will supply 9.5 million barrels of #oil to India under a long-term deal to help manage global supply challenges and diversify #energy sources
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Heavy import reliance on DAP, but largely self-sufficient in Urea production, which requires 80% LNG โ€” yet sufficient reserve infra wasn't set up.

$11B is India's Urea consumption, almost 95% is taxpayer subsidised, annually. Combined cost of building a hybrid FSRU + Onshore Tank for a 90-day LNG reserve is a one-time ~$5B.

This excludes the real 1 & 2nd order cost escalation in times like today. Could end up paying upto 3x to secure the same supply, if/when you manage to get a supplier & delivery.

#Agriculture
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BREAKING: World's 2nd largest shipping company, Maersk, suspends all cargo bookings for the UAE, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, & Iraq

UAE especially imports about 80% of its food. #Geopolitics #InternationalNews
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