India lowers fuel taxes, says rumours of lockdown ‘completely false’
India, the world’s third biggest crude importer, announces measures amid shortages created by the Iran war.

India, the world’s third biggest crude importer, announces measures amid shortages created by the Iran war.





![This frame grab, taken from video from Belarusian state-owned news outlet Pul Pervogo, shows Belarus' President Alexander Lukashenko watching as North Korean leader Kim Jong Un holds a rifle gifted to him by Lukashenko in Pyongyang. [Pul Pervogo/AFP]](/wp-content/uploads/2026/03/image-1774548190.jpg?resize=770%2C513&quality=80)



Shortage of helium will have ripple effects across medical and other industries.
Germany’s defence minister, Boris Pistorius, says the economic impact of the war is “absolutely evident”.
Most people killed in Iran’s Gulf attacks have been from South Asia. And entire economies back home are on edge.
Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.
Malaysia’s government plans to slash the number of foreign workers to encourage local hiring and raise incomes.

Cabbage farmers in the Philippines are harvesting their crops at a loss as prices plunge and fuel costs soar.
A California jury awarded the plaintiff $3m in damages in the case
A California judge says US DoD may be ‘attempting to cripple Anthropic’ for pushing for restrictions on AI weapons.

Energy facilities in the Middle East are under attack, including Qatar’s LNG, pushing prices higher.
Some are left without an income, others are temporarily displaced, and no one knows when the internet will return .