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Gas Crisis Looms: Freight Rates Skyrocket as Qatar Shuts Down LNG Production

Qatar’s LNG output halt following an Iranian strike leaves Indian buyers scrambling for alternatives. Freight rates surge past $200,000 as global energy security faces a major threat. Supply Chain Shock Global energy markets are bracing for turbulence following Qatar’s sudden suspension of liquefied natural gas (LNG) operations. Triggered by a recent Iranian drone strike, the

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Ministry of Defence Signs ₹5,083 Crore Contract with HAL for Maritime Helicopters and Naval Missiles

India’s Defence Ministry inks a ₹5,083 crore deal with HAL for six ALH Mk-II helicopters and Shtil missiles, significantly boosting coastal and naval defense capabilities. Historic Defense Pact India’s defense establishment has formalized procurement agreements valued at ₹5,083 crore to bolster maritime security. Finalized on March 3, 2026, the deal facilitates the acquisition of six

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