Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?The United States on Wednesday targeted Iran's coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports...
16 Jul, 2026, 07.47 AM IST
Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
16 Jul, 2026, 07.27 AM IST
Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
16 Jul, 2026, 07.01 AM IST
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflictOil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude fut...
16 Jul, 2026, 06.51 AM IST
Russian firms seeking more gasoline from IndiaRussian energy companies are seeking more gasoline from Indian refiners. This request follows Ukrainian strikes which damaged Russia's refi...
16 Jul, 2026, 12.52 AM IST
Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...
15 Jul, 2026, 03.51 PM IST
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
14 Jul, 2026, 04.12 PM IST
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
14 Jul, 2026, 02.46 PM IST
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
11 Jul, 2026, 02.55 PM IST
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
11 Jul, 2026, 11.45 AM IST
Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...
10 Jul, 2026, 02.13 PM IST
Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
10 Jul, 2026, 10.04 AM IST
Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...
10 Jul, 2026, 07.46 AM IST
Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
09 Jul, 2026, 07.39 PM IST
India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
09 Jul, 2026, 05.26 PM IST
India, Australia unlock uranium trade, step up energy and supply chain cooperationIndia and Australia finalized uranium export administrative arrangements for peaceful purposes. Both nations committed to deepening bilater...
09 Jul, 2026, 01.40 PM IST
Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
07 Jul, 2026, 01.12 PM IST