finally 1 Court has held a Bank responsible for loosing money of the customer.
hope more will follow and this won't be the exception but the general law
yes HDFC will move to SC in Appeal but that's for another day
The South Pars natural gas field, the world's largest and responsible for approximately 40% of Iran's gas production and a significant portion of Qatar's LNG exports, was attacked in the early hours of Monday. Security sources confirm that the extraction and processing infrastructure suffered severe damage, immediately halting the production of billions of cubic meters of gas. The incident, for which no one has yet claimed responsibility, occurred amidst geopolitical tensions in the Persian Gulf and is already causing the first signs of panic in international energy markets.
The temporary shutdown of South Pars represents an estimated loss of up to 15% of the global supply of liquefied natural gas (LNG) in the coming weeks, according to analysts at the International Energy Agency. Qatar, the world's largest LNG exporter, operates the northern portion of the field (North Dome) and has already announced a 20% reduction in scheduled shipments to Europe and Asia. With European stocks at low levels after the harsh winter and Asia still dependent on imports to supply industrial growth, global supply is tight, immediately driving up spot gas prices.
sources: https://www.odiarioglobal.com/2026/04/south-pars-atacada-explosao-de-precos.html (Portuguese news)
what's the impact of this closure of production for India?
will LNG availability also reduce?