Oil markets inched higher on Friday as tensions escalated between the US and Iran, making traders cautious again. With this, oil markets reversed the sharp losses recorded earlier this week, when pric...
The OPEC member is offering reductions of up to $33.40 per barrel on its benchmark Basrah Medium grade. (AI image) With oil supplies via the Strait of Hormuz still disrupted, Iraq is now offering deep...
Global oil prices surged past $120 on Thursday, briefly touching $122, the highest level since 2022 as fears of prolonged supply disruptions intensified amid a deadlock in talks to end the US conflict...
The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the ...
The ongoing conflict in the Middle East, linked to the wider Iran war situation, has sparked a rise in global oil prices after disruption concerns around the Strait of Hormuz.The spike has directly im...
NEW DELHI: Rahul Gandhi on Saturday trained guns at Rashtriya Swayamsevak Sangh after senior BJP leader Ram Madhav made a controversial remark on India’s oil import.In a social media post on X, ...
Consumer goods companies in India are facing a sharp rise in input costs due to the ongoing war in the Middle East. Surging raw material prices are forcing firms to track costs on a near-daily basis, ...
The United States military has intercepted at least three Iranian-flagged oil tankers in Asian waters and redirected them away from positions near India, Malaysia and Sri Lanka, amid an ongoing mariti...
India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, are st...
Iran’s parliament speaker Mohammad Bagher Ghalibaf on early Monday took a shot at the US, warning that energy pricing is increasingly being driven by sentiment rather than fundamentals, as tensions ar...