The ongoing crisis hits hard in different parts of the country
The 30-day sanction waiver allows oil to be loaded before March 20 to be discharged by April 19. FILE PIC/PTI
Indian refiners are planning to resume purchases of Iranian crude after the United States issued a 30-day sanctions waiver, traders said. The temporary relief allows oil loaded before March 20 to be discharged by April 19, amid supply disruptions linked to the US-Israel conflict with Iran. Refiners are awaiting government guidance and clarity on payment mechanisms.
With limited domestic stockpiles and reduced West Asia flows, Indian firms are exploring options alongside other Asian buyers. However, logistical and compliance challenges, including payment routes and reliance on ageing vessels, may complicate transactions despite an estimated 130–170 million barrels currently at sea.
Hungry weavers leave Surat
To manage the crisis, community kitchens are feeding over 5000 workers daily. PIC/YOUTUBE
Media reports indicate a growing exodus of migrant workers from Surat’s textile hub amid an LPG price surge, triggering concerns of a labour shortage. Workers from states such as Uttar Pradesh, Bihar, and Odisha are returning home, with visuals showing large crowds at Udhna railway station. Industry bodies say several units have cut operations, with some mills shutting one to two days a week. To manage the crisis, community kitchens are feeding over 5000 workers daily, while authorities have deployed officials across 75 LPG agencies to curb black marketing and stabilise supply.
Modi speaks to Iran Prez
Prime Minister Narendra Modi spoke to Iran’s President Dr Masoud Pezeshkian on a telephonic call. On X, Modi said, “Conveyed Eid and Nowruz greetings. We expressed hope that this festive season brings peace, stability, and prosperity to West Asia. Condemned attacks on critical infrastructure in the region, which threaten regional stability and disrupt global supply chains.”
J&K shows Iran support after last Roza
The posters held signs saying, “Death to Israel and US”. PIC/PTI
Peaceful protests were staged in Kashmir after Eid prayers on Saturday, condemning the US-Israel attacks on Iran, officials said. A march in solidarity with Iran was taken out after Eid prayers, with protesters raising slogans against the US-Israel alliance and in support of the Iranian regime. The protesters carried flags of Iran and photos of its slain Supreme Leader, Ali Khamenei. The authorities had deployed a large number of security personnel in the vulnerable areas across the Valley to maintain law and order, they said.
Biryani prices become buzzkill in Eid celebrations
REPRESENTATIVE PIC/ISTOCK
The LPG crisis-forced migration to firewood has made prices of biryani skyrocket in Tamil Nadu. One hotelier said, “This time, hotels migrated to firewood. As the cost of firewood has jumped several fold, the price of biryani has also increased.”
Cylinder chors run amok in Bengaluru
Two men allegedly stole LPG cylinders from a residence in Bengaluru, police said, with the incident captured on CCTV. The theft occurred on Thursday, coinciding with Ugadi celebrations. Footage shows the accused arriving on a scooter, taking two cylinders and fleeing. Police have launched an investigation, but no arrests have been made so far.
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