Tag: Strait of Hormuz
ECONOMY India Keeps LPG Prices Low Despite 46% Increase In Global Gas Costs

Indian households continue to receive cooking gas at prices significantly below international market levels, with the government and public sector oil marketing companies absorbing a substantial portion of the cost increase triggered by global energy market disruptions. The Saudi Contract Price (CP) benchmark for LPG, which influences India’s import costs, has risen about 46 per […]

CW Bureau · Jun 7, 2026
ECONOMY ME War Puts Marine Insurance On Edge: Policy Bazaar R. Balasundaram

The sudden escalation of hostilities in the Middle East region has triggered serious concern across the global marine insurance industry, particularly for vessels and cargo moving through the Gulf region. In an exclusive interaction with Corpwhizz, Policybazaar Head – Marine Insurance R. Balasundaram said insurers and underwriters had already been closely monitoring the region around […]

CW Bureau · Mar 12, 2026