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IRAN WAR IMPACT ON OIL SUPPLY
Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...- US and Iran have agreed to wording of a deal to end their war, Pakistan's Shehbaz Sharif saysPakistan's prime minister announced the U.S. and Iran have agreed on the wording of a deal to end their Middle East war. Mediators are work...
- Iran peace deal looms while new military action flares near Strait of HormuzThe United States and Iran are reportedly close to an agreement to end their war, with both sides agreeing on a text for an initial deal. T...
- Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
- US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
- Iran-U.S. War: America launches second round of strikes, Tehran hits back at gulf states Bahrain, Kuwait, JordanDonald Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in days.
- India bond demand wanes as US-Iran tensions lift oilIndian government bonds saw reduced demand on Thursday. Renewed U.S.-Iran strikes pushed oil prices higher. This development raises concern...
- US launches new strikes after Trump threatens to attack Iran 'very hard'The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless...
- 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...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lowerOil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...
- India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- 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...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
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