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Why India Could Face Higher Oil Prices Amid Pakistan Tensions

OilPrice.com Tuesday, 13 May 2025 ()
India and Pakistan agreed to a ceasefire on Saturday, preventing escalating tensions from developing into a full-scale conflict–for now. The Indian military had reportedly deployed surface-to-air missiles near its western border as tensions flared following a deadly militant attack in Indian-administered Kashmir in April, which killed 26 people.  Although U.S. President Donald Trump later claimed credit for brokering the ceasefire via Truth Social, Indian officials clarified that the agreement was the result of direct talks between India…
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News video: India Responds Strongly with Retaliatory Measures at LoC  As Pakistan Shells Uri Shops, Hits Highway

India Responds Strongly with Retaliatory Measures at LoC As Pakistan Shells Uri Shops, Hits Highway 01:35

Heavy shelling by Pakistan rocked the Uri sector today, damaging 5–6 shops in the Bandi area and striking dangerously close to the national highway between Uri and Baramulla. One shell hit a moving bike, escalating fears among civilians. Indian forces swiftly retaliated, targeting Pakistani...

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