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IRAN CONFLICT IMPACT ON OIL
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 (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disrupti...
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
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...
US strikes Iranian rocket launchers near Larak Island on Strait of Hormuz; Tehran vows retaliationUS Iran war: United States forces struck Iranian rocket launchers near the Strait of Hormuz. This action marks the first military engagemen...
Turkey, Saudi Arabia, Pakistan to hold first defence pact meeting, source saysTop officials from Turkey, Saudi Arabia, and Pakistan met Monday for a defense accord. This joint defense agreement aims to strengthen coll...
War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
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...
Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
Trump used to say he saw a quick end to his Iran war. Six months later, he claims he's in no hurryPresident Trump faces criticism as the six-month war against Iran continues unexpectedly. The administration now focuses on economic pressu...
Tehran will 'send Netanyahu to hell', Iran's security chief Rezaei says; warns of severe confrontationIranian security chief Mohsen Rezaei has warned of a severe confrontation with the US if the blockade of Iranian ports continues, threateni...
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 ...
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...
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...
‘Muslim countries should unite’: Iranian President Pezeshkian seeks regional alliance, US exitIranian President Masoud Pezeshkian urged Muslim nations to strengthen regional security and stability. He emphasized expanding cultural, c...
US shifts Iran war strategy from fresh strikes to sanctions as Trump seeks to squeeze Tehran: ReportThe United States is implementing economic sanctions alongside a naval blockade aimed at Iran. These new measures specifically target coope...
Iran and Oman discuss temporary Hormuz corridor as impasse with US drags onIran and Oman are discussing managing the Strait of Hormuz traffic. The United States is sending personnel back to Middle East diplomatic m...
Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctionsEurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yiel...
Trump says ‘Iran is completely collapsing’ as Tehran dismisses new US sanctions threatThe United States is preparing to announce severe sanctions against Iran. President Trump stated Iran is completely collapsing under econom...