Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
05 Oct, 2026, 08.07 AM IST
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
05 Oct, 2026, 07.58 AM IST
Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
04 Oct, 2026, 07.20 PM IST
GAIL’s Sanjay Kumar named next Petronet LNG CEOSanjay Kumar has been appointed as the next Managing Director and CEO of Petronet LNG Ltd. His term will commence on May 13, 2027, after A ...
03 Oct, 2026, 06.47 PM IST
Saudi Arabia plans assault on Houthis to break Red Sea chokeholdSaudi Arabia is preparing for an offensive against Houthi militants in Yemen, focusing on securing the Bab el-Mandeb Strait. The operation ...
03 Oct, 2026, 08.23 AM IST
ET Alpha Wealth Summit 2.0: Decoding the new investment landscape and shift in smart moneyTransformations in the global economy are reshaping how investors allocate capital and devise strategies. Geopolitical conflicts and tech r...
02 Oct, 2026, 02.31 PM IST
Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
30 Sep, 2026, 11.36 AM IST
China pushes back against US on Iran and Cuba in UN speechChina's Vice President Han Zheng urged the US to respect Cuba's sovereignty and lift its blockade. He emphasized the need for major countri...
26 Sep, 2026, 07.56 PM IST
Jaishankar meets Russia, Iran foreign ministers at UNGA days after Trump signs sanctions lawDuring the UN General Assembly, India's External Affairs Minister S. Jaishankar conferred with officials from Russia and Iran, highlighting...
26 Sep, 2026, 11.28 AM IST
Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
25 Sep, 2026, 03.48 PM IST
Saudi Arabia issues civil defence alerts for Mecca, Jeddah, Yanbu and Tabuk; flags 'potential danger'Saudi Arabia’s civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising ...
24 Sep, 2026, 04.31 PM IST
Microsoft plans $10 billion-plus Gulf investment with focus on resilienceGulf countries are pouring billions into AI as they strive to become global hubs to help diversify their economies away from oil and gas, b...
24 Sep, 2026, 12.12 AM IST
Trump backs India-Middle East-Europe Economic Corridor, says need to shift energy infra away from Iranian checkpointsUS President Donald Trump expressed strong support for the India-Middle East-Europe Economic Corridor during a meeting. He emphasized the n...
23 Sep, 2026, 10.02 AM IST
Saudi Aramco plans reorganisation to create gas division, sources sayAramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...
23 Sep, 2026, 12.58 AM IST
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
22 Sep, 2026, 08.30 AM IST
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
19 Sep, 2026, 01.31 PM IST
EIL sees prospect as Saudi, UAE plan to expand pipeline, storageThe near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to...
19 Sep, 2026, 12.38 AM IST