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The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to the West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are a...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOC...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
Oil prices fall on mounting hopes for de-escalation in US-Iran WarOil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent ...
US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
India's fuel demand outlook hit by price hikes, slowing industrial activityIndia's fuel demand growth is set to slow. Price increases for gasoline and diesel are impacting consumers. The trucking sector shows early...
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...