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MIDDLE EAST CONFLICT ENERGY HUBS
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
France's Schneider Electric raises 2026 guidance on data-centre demandSchneider, once known primarily for industrial components like fuses and circuit breakers, now builds the backbone of data centres, suppl...
US claims to strike dozens of IRGC targets in Iran; alleges Iran attempted missile strikesUS Central Command forces conducted significant strikes against dozens of Iranian targets. These actions followed Iran's attempted missile ...
Drone strike hits LNG vessel at Egypt's Damietta PortAn explosion rocked an LNG vessel at Egypt's Damietta Port after a drone strike. This incident raises fears of conflict spreading to energy...
Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....
Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
Singapore Airlines says tangible progress made in Air India's fleet renewal, service enhancementsSingapore Airlines reported tangible progress in Air India's fleet and service enhancements. The airline group's stake in Air India is a ke...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
US Stock Market: Rising oil prices and bond yields threaten Wall Street rally as Middle East tensions unsettle investorsRising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock ...
Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
Asia going to sweat a lot more in coming weeks amid Middle East crisisThe Asia heatwave is set to intensify across Japan, China and South Korea, driving higher cooling demand, electricity consumption and LNG i...
- Cutting off Red Sea oil route may be one crisis too many
The Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
Updated: Indian bonds fall for third session as oil prices near $100 a barrelIndian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in th...
Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio warns Asian leadersUS Secretary of State Marco Rubio warned Asian leaders about Iran's actions in the Strait of Hormuz. He emphasized the global economic thre...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...