Fourth suspect in Bukhari's murder arrested in Srinagar
Srinagar, June 15: Within hours of releasing his picture for public help, police here on Friday arrested the fourth suspect in senior journalist Shujaat Bukhari's murder.
Police earlier in the day released the video of a bearded man who was apparently trying to help the injured in Bukhari's car after militants fired a volley of automatic gunfire at him.
This man was reportedly picking up a pistol from the murder site after which he escaped.
Police sources said this fourth suspect was most likely part of the team of assassins.
"He has been arrested and his interrogation is going on," a source said.
Meanwhile, state police chief S.P. Vaid told reporters here that "rest assured, we will get the killers".
CCTV footage had shown three masked assassins escaping with the murder weapon on a motorcycle.
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Middle East crisis: Oil prices cross $83 per barrel as Strait of Hormuz disruption hits supply
New Delhi: Global crude oil prices rose sharply on Thursday, crossing $83 per barrel, following Iran’s move to shut down the Strait of Hormuz amid escalating tensions in the Middle East.
Oil prices have increased by more than 2 per cent due to concerns over supply disruptions in the region, which is a key route for global energy shipments.
A sustained rise in crude prices could significantly affect India’s import bill. Government estimates indicate that an increase of $1 per barrel in crude oil prices for a full year could raise India’s import bill by around Rs 16,000 crore.
However, government sources said India remains in a relatively comfortable position in the short term. The country currently has crude oil reserves sufficient for about 25 days, along with an additional 25 days’ supply of petroleum products, including shipments already in transit to Indian ports.
India imports nearly 85 per cent of its crude oil requirements from the Middle East, with much of the supply traditionally passing through the Strait of Hormuz, one of the world’s most critical oil transit routes.
Officials said India has strengthened its energy security in recent years by diversifying its sources of crude oil imports. Supplies have increasingly been sourced from countries such as Russia, African nations and the United States, reducing dependence on Gulf routes.
As a result, a portion of India’s oil imports now bypasses the Strait of Hormuz.
India spent about $137 billion on crude oil imports in the financial year ending March 31, 2025. In the current financial year, from April 2025 to January 2026, the country spent approximately $100.4 billion to import 206.3 million tonnes of crude oil.
