Oil
- Middle East
Trump welcomes Iraq’s new prime minister to the White House
Washington: President Donald Trump welcomed Iraq’s new prime minister to the White House on Tuesday, July 14 after strongly backing the political neophyte in his bid for office. Ali al-Zaidi, a businessman…
- World
Putin shrugs off fuel shortages as Ukraine hits refineries harder
Moscow: Despite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine’s increasing attacks on his country’s oil refineries. He has shrugged off the setback for one of the world’s…
- Business
Asian shares mixed, US futures fall as Iran talks make progress
Hong Kong: Asian stocks were mixed Monday, June 22, with markets in Japan and South Korea trading higher, while oil prices edged lower on fresh optimism over progress in US-Iran negotiations. US…
- India
Andaman: Second natural gas discovery by OIL boosts exploration
State-run Oil India Ltd has made its second natural gas discovery in the Andaman offshore region, reinforcing hopes that the frontier basin could emerge as a significant hydrocarbon-producing area in the coming…
- World
Japan logs higher April exports, imports despite oil concerns
Tokyo: Japan’s exports soared 14.8 per cent in April from the same month a year earlier, according to Finance Ministry data released on Thursday, May 21, showing that its trade remained robust…
- Business
India’s edible oil imports rise 3 pc in FY26
New Delhi: India’s edible oil imports rose 3 per cent to 166.51 lakh tonnes in the 2025-26 fiscal year, driven largely by a sharp jump in duty-free imports from Nepal, industry body…
- Middle East
Kuwait says Iraqi-launched drones hit border posts
Kuwait’s army said on Friday, April 24, that two drones launched from Iraq targeted two northern border posts, causing material damage but no casualties. The military described the strike as a fresh…
- India
Indian refiners settle Iran oil payments in Chinese yuan through ICICI Bank
In a significant, if short-lived, shift in India’s energy trade posture, Indian refiners have been settling payments for Iranian crude oil in Chinese yuan, routed through ICICI Bank’s Shanghai branch. The details…
- World
US extends waiver allowing Russian oil purchases
Washington: The United States has extended by a month a waiver from sanctions to allow countries to buy petroleum products from Russia, days after it ruled out renewal of the special measure.…
- India
US rules out extending India’s Russian oil sanctions waiver
Washington: The United States on Wednesday, April 15, ruled out granting any further exemption from sanctions for the purchase of Russian or Iranian oil. US Treasury Scott Bessent made the announcement at a…
- Business
Oil prices resume their climb as US prepares for blockade of Hormuz
Tokyo: Oil prices resumed their climb and Asian markets mostly declined Monday, April 13, as the US military prepared to blockade ships entering or leaving the Strait of Hormuz, where most shipping…
- Middle East
Attack on Saudi pipeline wipes out 10 pc of oil export capacity, disrupts supply
Riyadh: An attack on Saudi Arabia’s East-West pipeline has wiped out roughly 10 percent of the Kingdom’s oil export capacity, disrupting global supply flows as regional tensions continue to escalate following the…
- Business
Oil prices rise again on the fragile Iran ceasefire
Hong Kong: Oil rose again to above USD97 a barrel and Asian stocks were trading lower Thursday, April 9, on skepticism over a fragile ceasefire between the US and Iran. Investors were…
- India
Delhi govt mandates LPG supply to businesses only if they apply for PNG connection
New Delhi: The Delhi government has tightened norms for the supply of commercial LPG cylinders, making it mandatory for businesses to either have or apply for a piped natural gas (PNG) connection…
- Business
Silver futures slump 6 pc as Iran tensions rise, dollar strengthens
New Delhi: Silver prices slumped Rs 14,301 to Rs 2.29 lakh per kilogram in futures trade on Thursday, April 2, amid renewed escalation signals from President Donald Trump on the Iran conflict,…
