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IRAN CONFLICT FUEL SUPPLY
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 jumps more than 1% after US attack on Iran's Larak islandBrent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...
- Surging gold prices drive record margins despite mining costs rising 16% in Q1'26: World Gold CouncilGold producers achieved record margins and cash flows in early 2026. Rising royalty payments significantly increased mining costs during th...
- BRICS set to adopt framework for supply-chain cooperationIndia will chair the BRICS Summit, focusing on development and innovation. The summit will address resilient supply chains and promote trad...
- US consumer sentiment drops in August on inflation worriesIn August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. Th...
- Odisha colleges told to cut cooking oil use, skip puris, vadas and bondasOdisha colleges must reduce cooking oil consumption in their canteens. This directive follows global supply chain disruptions and geopoliti...
- After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...
- 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,...
- Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
- Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
- Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
- India, China can help resolve West Asia conflict: Hillary ClintonFormer US Secretary of State Hillary Clinton said India and China could play key roles in resolving the West Asia conflict because of their...
- India urges global cooperation to safeguard sea lanes for food, fuel at UNSCIndia called for global cooperation to safeguard critical sea lanes for essential goods. Secure maritime routes are indispensable for unint...
- 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...
- Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- 'We took the head off the snake': US to enter 'new phase' in Iran war very soon, says US House Speaker Mike JohnsonUS House Speaker Mike Johnson expects a new phase in the Iran conflict soon. He believes allied nations will provide crucial support during...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
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