War, Oil, Markets: HSBC’s Bold Bet on the Gulf Amid Iran vs US-Israel Crisis Even as geopolitical tensions escalate across the Middle East, global banking giant HSBC has publicly reaffirmed its confid...
Donald Trump (File photo) US President Donald Trump said his country could benefit economically from rising oil prices but added that preventing Iran from acquiring nuclear weapons remains his overrid...
At least one person has died and two oil tankers caught fire in the Persian Gulf off the coast of Basra, Iraq on Wednesday, after explosions that officials suspect were caused by an attack.Reuters rep...
Iranian Drones Hit Fuel Tanks at Oman’s Salalah Port, Massive Fires Erupt, Tehran Denies Role The widening conflict between Iran, the United States and Israel has now reached one of the Gulf’s most st...
The United States is set to release 172 million barrels of oil from strategic reserve, the energy department said on Thursday. This came after US President Donald Trump said that he would tap into str...
NEW DELHI: Former National Security Adviser and Intelligence Bureau chief M K Narayanan said on Wednesday “our country has every right to buy oil from wherever it is available” and that no country sho...
As the Strait of Hormuz faces disruption, Saudi Arabia’s East-West and UAE’s Habshan-Fujairah pipelines are crucial overland routes for crude oil. These pipelines, designed for emergencies...
NEW DELHI: The United States on Wednesday again hailed India as a “great partner”, praising New Delhi’s purchase of oil from its old ally Russia and crediting it as an effort to maintain stable oil pr...
Confirmed, deleted, and then clarified. After Donald Trump‘s aide claimed in a boastful tone that the American navy had “successfully escorted” an oil tanker through the troubled Strait of Hormu...
The United States said on Wednesday that its decision to allow India to buy limited quantities of Russian oil is a temporary step aimed at easing pressure on global energy supplies during the ongoing ...