Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
02 Jul, 2026, 11.40 PM IST
India to send minister, governor to Ali Khamenei funeralIndia will send a high-level delegation, including Deputy Foreign Minister Pabitra Margherita and Bihar Governor Syed Ata Hasnain, to Iran ...
02 Jul, 2026, 04.26 PM IST
Iran insists on keeping control over Hormuz: ReportIran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...
01 Jul, 2026, 04.50 PM IST
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
01 Jul, 2026, 07.30 AM IST
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
30 Jun, 2026, 09.27 PM IST
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
30 Jun, 2026, 03.26 PM IST
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
30 Jun, 2026, 12.37 PM IST
Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
29 Jun, 2026, 07.51 AM IST
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
29 Jun, 2026, 06.25 AM IST
US strikes Iran following attack on cargo ship in Strait of HormuzUS forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...
27 Jun, 2026, 06.08 AM IST
Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
26 Jun, 2026, 04.40 PM IST
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
26 Jun, 2026, 04.30 PM IST
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
25 Jun, 2026, 10.10 PM IST
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
25 Jun, 2026, 03.20 PM IST
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
25 Jun, 2026, 02.55 PM IST
Crude oil prices crash 42% from April’s $126 peak. More downside coming?Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummet...
25 Jun, 2026, 11.32 AM IST
Oil Price Today (June 24): Crude oil near 4-month low as more tankers pass through Hormuz. What are experts saying?Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...
24 Jun, 2026, 07.41 AM IST