🇮🇷 Iranian Strikes in GCC Countries & Israel

🇮🇶⚡ US Erbil Base in Iraqi Kurdistan hit with Drone

🇮🇶⚡️- Iranian suicide boats directly impacted two oil tankers near Basra, southern Iraq.

One of the vessels belongs to a U.S. company.

🇺🇸 US announces it will release 172 million barrels of #Oil from the Strategic Petroleum Reserve.

#InternationalNews

🇦🇪⚡ Iranian ballistic Missile impact at US Al-Dhafra Air Base, UAE.

🛢️⚡ Brent Crude #Oil once again breach $100/barrel

India, joins 135 countries to co-sponsor Gulf resolution that 'condemns in strongest terms the egregious attacks by' Iran against Bahrain, Kuwait, UAE, Saudi Arabia, Qatar, Oman & Jordan #Geopolitics

• Induction cooktop sales up 3×
• Retailers reporting 2 months of sales in just 2 days
• One chain sold 1,500+ units in a day vs 30–40 normally
• Some stores seeing 30× surge and running out of stock.

#Energy

Two Indian #oil tankers Pushpak and Parimal have safely navigated the Strait of Hormuz till now. #Geopolitics

#Space #Startups

Hindustan Zinc has partnered with CMR Green Technologies to set up a low-emission zinc alloys plant at the Rajasthan Zinc Park, boosting domestic downstream metal value-addition for auto, infra and die-casting industries. #MakeinIndia

Kavach 4.0 is now live on 1,452 route km across the Delhi–Mumbai & Delhi–Howrah corridors. Infra deployed: 8,570 km OFC, 1,100 towers, 6,776 RKm trackside equipment, 767 station data centres. Rollout underway on 24,427 RKm, covering the Golden Quadrilateral & high-density routes. #Railways

https://www.pib.gov.in/PressReleseDetail.aspx?PRID=2238425&reg=3&lang=1

🇬🇧 UK will release 13.5 million barrel #Oil from its Strategic Petroleum Reserve #InternationalNews

Bharat Forge has opened an OEM-approved landing-gear components facility in Pune with Liebherr-Aerospace & Transportation SAS. The plant will machine high-precision aircraft landing-gear parts, pushing India deeper into global aerospace supply chains. #Aviation #MakeinIndia

https://m.economictimes.com/industry/transportation/airlines-/-aviation/bharat-forge-launches-flight-components-manufacturing-facility-with-french-co-liebherr-aerospace-in-pune-landing-gear/amp_articleshow/129437766.cms

The only way to end this War, is

1) Recognizing Iran’s legitimate rights
2) Payment of reparations
3) Firm International Guarantees against future aggression

– Iran President Masoud Pezeshkian

#InternationalNews

India moved to protect domestic cooking fuel supply amid the US–Iran War, invoking the Essential Commodities Act. Measures: +10% LPG output, 20 VLGC cargoes booked (~1 mt), diversion of propane/butane streams to LPG, 100% gas supply for CNG/PNG, industrial gas cut to ~80%, fertiliser ~70%, and 35% cut for refineries/petrochemicals.

#Energy

A Liberian flagged tanker hauling Saudi Arabian Crude, cleared the Strait of Hormuz two days ago and has berthed at the port of Mumbai, becoming the first India-destined vessel to safely transit the waterway, where #Maritime traffic has all but halted since the US and Israel attacked Iran.

India confirms that one of its national has died when US-owned crude oil tanker Safesea Vishnu was attacked near Basra, Iraq. Indian embassy in Baghdad says, "remaining 15 Indian crew have since been evacuated to a safe place"

#ForeignAffairs

Iran sources deny any transit being allowed though Strait of Hormuz, when asked if Indian flagged ships are allowed

(Sidhant Sibal/X)

#ForeignAffairs

India’s purchases of Russian Crude have surged about 50% in March as refiners move to secure alternative supplies amid disruptions to shipments from West Asia

Ship-tracking data showed imports rising to around 1.5 million barrels per day this month from 1.04 million bpd in February.

#Energy

USTR initiates Section 301 investigations of excess capacity and production in manufacturing, incl. on: China, the EU, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.

Fresh tariffs could be imposed on India and other countries after May.

#Trade #Geopolitics
https://www.nytimes.com/2026/03/11/business/economy/trump-trade-investigations-tariffs.html