Iran’s Hormuz chokehold has reshaped India’s oil purchase pattern, with a sharp drop in Gulf supplies this month pushing refiners towards Russia and smaller producers to keep supplies stea...
After Russian crude, the US has now issued a 30-day sanction waiver on Iranian oil, currently at sea, to ease rising concerns about energy supply flows as Middle East conflict continues to boil. US tr...
The rupee plunged by 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a sharp r...
Representational photo- Oil facility in Fujairah, United Arab Emirates (AP) Kuwait said its Mina Al-Ahmadi oil refinery was again targeted by Iranian drones on Friday, causing fires at several units. ...
Image used for representative purposes An Iranian missile strike targeted Israel’s northern port city of Haifa on Thursday, hitting oil refineries, though officials said the impact was limited.Israel’...
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tanker...
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the governmen...
Gulf on Edge: UAE Condemns Missile Attack on Habshan and Bab Field Amid Iran vs US-Israel War The United Arab Emirates has issued a strong condemnation of what it described as a “terrorist attack” by ...
Driving the news The US-Iran war is driving a sharp and politically dangerous oil shock, but one of the biggest ironies of the conflict is that it is enriching both Tehran and Moscow.As Iran attacks G...
Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude...