Oil
- World
Gulf oil spill spreads widely, kills Wildlife, pollutes Meican reserves
Mexico City: An oil spill in the Gulf of Mexico in early March spread more than 600 kilometres, including to seven nature reserves, and originated from a vessel yet to be identified…
- World
Japan starts releasing state oil reserves to blunt impact of West Asia tensions
Tokyo: Japan began releasing 30 days’ worth of oil from state reserves on Thursday, March 26, to cushion the impact of the West Asia conflict on its economy, as concerns over supply…
- World
US steps up efforts to secure Hormuz, stabilise oil flow
Washington: The United States is intensifying efforts to secure the Strait of Hormuz and stabilise global oil flows as its military campaign against Iran continues, with the White House saying operations are…
- World
Asia boosts coal use as Iran war squeezes global LNG supplies
Bangkok: Asian countries are turning to coal as the Iran war disrupts oil and gas shipments. The continent is exposed because it relies on imported fuel, much of it passing through the…
- Bangalore
Adjust to 20 pc commercial LPG supply, use alternatives: Karnataka Minister
Bengaluru: Karnataka Food and Civil Supplies Minister K H Muniyappa on Monday, March 23, said the state is supplying about 20 per cent of the usual commercial LPG demand, prioritising essential sectors,…
- Business
Benchmark bond yield rises to 14-month high amid crude price worries
Mumbai: Indian benchmark bond yield rose to a 14-month high on Monday, March 23, possibly due to surge in Brent crude oil prices amid escalating conflict in the Middle east. The 10-year…
- World
US pauses sanctions on Iranian oil stranded on tankers at sea until April 19
Florida: US officials have announced that the Trump administration will lift sanctions on Iranian oil stranded at sea under a one-month license as the White House tries to bring down soaring 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…
