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GULF CONFLICT OIL PRICES
IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2IndianOil, BPCL, and HPCL are set to achieve remarkable profits during the July-September quarter, showcasing a stark recovery from their p...
Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
Global Market: European shares slip as oil surge fuels inflation fears; Novartis plungesEuropean shares slipped as surging oil prices raised inflation concerns amid escalating Middle East tensions and threats to Gulf energy inf...
Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Oil Price Today (September 8): Crude oil at $97 as simmering tensions raise supply worries. Experts weigh inOil prices soared on Tuesday due to escalating fears surrounding conflicts in the Middle East. Iran's threats of retaliation have raised al...
Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
UAE builds alternative trade, energy routes after Iran attacks, official saysThe UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with ...
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
The Americas' oil bonanza will outlast the Iran conflictThe Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...
Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
Oil Price Today (August 31): Crude oil reclaims $90 as fresh US attacks dim peace deal hopes. What are experts saying?U.S. forces on Sunday struck two launchers on Iran's Larak island in the Strait of Hormuz. It was the first known American strike on the Gu...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...