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IRAN CONFLICT FUEL IMPACT
Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- Oil prices edge higher, hover around $102 as US-Iran tensions, China fuel curbs support prices; MCX closed todayOil prices rose for a third straight session as China halted fuel exports and the US weighed additional military deployments to the Middle ...
- Trump says Iran was weeks away from nuclear weapon, defends US actionIran is reportedly just weeks away from having a nuclear weapon, which concerns global leaders. US President Donald Trump highlighted the u...
- Iran readies harder retaliation if attacked as diplomacy faces long oddsIran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering b...
- ‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...
- Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
- Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
- Rupee hits two-month low, breaches 96/USD mark as oil worries deepenThe Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...
- Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
- Oil prices rise for second session on continued Middle East supply concernOil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent c...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- Global Market: Eurozone bond yields rise as oil climbs, inflation data eyedEurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate ...
- Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
- India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
- Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
- US midterm elections: 9 key issues that could shape the November pollsWhat issues are likely to shape the US midterm elections? Voters heading into the 2026 US midterm elections are particularly concerned abou...
- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Pakistan announces austerity measures to conserve fuel as Gulf conflict spiralsPakistan announced austerity measures to conserve energy and reduce government spending. These steps include cutting fuel for official vehi...
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