Oil Price Today (July 29): Crude oil jumps 5% as US intercepts Iranian 'surprise attack’. Big rally ahead?Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermed...
29 Jul, 2026, 07.42 AM IST
Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
29 Jul, 2026, 06.23 AM IST
India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
28 Jul, 2026, 02.09 PM IST
Trump says US isn't involved in Houthis-Saudi Arabia conflict, but it 'may' step inPresident Trump stated the United States is not currently involved in the Saudi-Houthi conflict. He mentioned ongoing negotiations with Sau...
28 Jul, 2026, 08.22 AM IST
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...
28 Jul, 2026, 07.30 AM IST
Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
27 Jul, 2026, 01.05 PM IST
US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
27 Jul, 2026, 12.48 PM IST
Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
27 Jul, 2026, 12.05 PM IST
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
27 Jul, 2026, 10.27 AM IST
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
27 Jul, 2026, 06.24 AM IST
12 commercial vessels redirected, two 'non-compliant' ships disabled as US enforces full blockade against Iran: CENTCOMUS Central Command confirmed its naval blockade against Iran remains fully operational. Coalition forces redirected twelve commercial vesse...
26 Jul, 2026, 09.57 AM IST
Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources sayPakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Inte...
24 Jul, 2026, 08.54 PM IST
India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
24 Jul, 2026, 12.55 PM IST
- 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...
24 Jul, 2026, 12.52 PM IST
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
22 Jul, 2026, 05.28 PM IST
Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
16 Jul, 2026, 10.15 AM IST
Asian refiners snap up US crude as Hormuz risks mount, trade sources sayAsian refiners have increased purchases of U.S. crude as escalating Middle East tensions and disruptions to shipping through the Strait of ...
15 Jul, 2026, 02.20 PM IST