India & Chevron Corporation

India: India welcomed the ceasefire agreement between the United States and Iran, advocating for de-escalation, dialogue, and diplomacy to ensure lasting peace in West Asia. India also emphasized the importance of unimpeded freedom of navigation through the Strait of Hormuz due to its reliance on global energy supply and trade networks.

Chevron Corporation: Chevron Corporation tumbled 4.6% as oil prices fell.

India: India, as the world's third-largest oil importer, is highly exposed to the Iran war's economic fallout, facing mounting costs, supply disruptions for oil and fertilizer, and pressure on its economic growth and government finances.

Chevron Corporation: Chevron Corporation reported stronger profits due to high oil prices but saw its stock price fall as oil prices regressed.

India: India launched 'Operation Amistad' to send humanitarian assistance, including a field hospital unit and relief supplies, to earthquake-hit Venezuela, demonstrating international solidarity and support.

Chevron Corporation: Chevron Corporation, a main foreign partner of Venezuela's state oil company Petróleos de Venezuela — PDVSA, reported that all its employees were safe and operations were continuing, indicating minimal direct impact on its oil infrastructure.

Chevron Corporation: Chevron Corporation sold Gulf Oil to the Hinduja Group in 1984.