Global death toll from COVID-19 passes 400,000
London: The worldwide death toll from COVID-19 has surpassed 400,000, according to a tally by Johns Hopkins University that health experts say is still an undercount because many who died were not tested for the virus.
The milestone was reached Sunday, a day after the Brazilian government stopped publishing a running total of coronavirus deaths and infections. Critics called the move an extraordinary attempt to hide the true toll of the disease rampaging through Latin America's largest nation.
Brazil's last official numbers recorded over 34,000 virus-related deaths, the third-highest toll in the world behind the US and Britain.
Worldwide, at least 6.9 million people have been infected by the virus, according to Johns Hopkins. The US has seen nearly 110,000 confirmed virus-related deaths and Europe has recorded over 175,000 since the virus emerged in China late last year. (AP)
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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.
