Oil
- World
Iran targets busiest international airports of Gulf neighbours
Iran targeted the world’s busiest international airport Wednesday and attacked commercial ships as US and Israeli strikes rocked Tehran, while the United Nations’ most powerful body demanded a halt to the Islamic…
- Middle East
US to release 172 million barrels from oil reserves as Iran war drives global price surge
The United States–Israeli war on Iran entered its 13th day on Thursday, March 12, as Washington announced plans to release 172 million barrels of oil from its Strategic Petroleum Reserve in an…
- World
Trump says Reliance to invest in new Texas oil refinery
New York: US President Donald Trump has said that India’s Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and “our partners in…
- Business
Aramco reports 2025 profit of USD 104 billion, down from 2024
Dubai: Saudi Arabia’s oil giant Aramco reported 2025 profits of USD 104 billion, down from the year before as the Iran war has seen its fields and facilities targeted. Aramco released its…
- News
Asian shares surge as oil prices sank back to about USD 90
Tokyo: Asian shares have rebounded from their sharp declines a day before after a rally on Wall Street as global investors wagered that the war with Iran may not last too long.…
- World
Japan’s Nikkei 225 index closes down 5.2 pc; South Korea’s Kospi falls 6 pc
Bangkok: Japan’s benchmark Nikkei 225 index plunged more than 5% and other Asian markets also tumbled Monday, March 9, after oil prices soared to nearly $120 a barrel, casting a shadow over…
- World
US urged India to buy Russian oil already at sea: Energy Secy
New York: The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid…
- Business
Mcap of 8 of top-10 most valued firms erodes by Rs 2.81 lakh cr
New Delhi: The combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore last week, with the State Bank of India taking the biggest hit, in tandem…
- India
AAI seeks fuel stocks details from airport operators amid Iran crisis
New Delhi/ Mumbai: State-owned Airports Authority of India (AAI) has asked all international airport operators in the country to provide details about available fuel stocks as well as estimated requirements for the…
- Business
Oil could top USD 100 as Strait of Hormuz closure halts flows
New Delhi: Oil prices could exceed USD 100 per barrel if tanker traffic through the Strait of Hormuz is not swiftly restored, as the waterway’s closure threatens to disrupt 15 per cent…
- Middle East
US sanctions over 30 linked to Iran’s shadow fleet, arms networks
Washington: The US has imposed sanctions on more than 30 individuals, companies, and vessels linked to Iran’s oil trade and weapons programmes. The Treasury Department on Wednesday, February 25, said the action…
- Business
India’s oil import shift signals structural energy security pivot: GlobalData
New Delhi: India’s recalibration of crude oil imports marks a structural shift from opportunistic discount buying to disciplined geopolitical risk management, according to analytics firm GlobalData. With oil accounting for roughly a…
- World
Russia accuses US of preventing India from buying its oil
Moscow: Russia has accused the US of attempting to prevent India and other countries from buying Russian oil, saying Washington is using a wide range of “coercive” measures, including tariffs, sanctions and…
- World
India to buy Venezuelan oil instead of Iranian crude, claims Trump
New York: US President Donald Trump has claimed that India will be purchasing oil from Venezuela instead of Iran. Speaking to reporters aboard Air Force One while flying to Palm Beach in…
- World
No major oil price impact yet from Venezuela, Iran tensions: IMF
Washington: The International Monetary Fund (IMF) on Thursday, January 15, said it is closely watching global energy markets amid tensions around Venezuela and Iran, but noted that oil prices have not yet…
