Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
17 Jun, 2026, 03.45 PM IST
Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
16 Jun, 2026, 12.18 PM IST
Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
16 Jun, 2026, 10.37 AM IST
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
15 Jun, 2026, 04.58 PM IST
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
12 Jun, 2026, 03.40 PM IST
Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
12 Jun, 2026, 07.19 AM IST
World markets walk a tightrope between AI stocks and oil shocksGlobal markets are on a knife edge, facing a potential AI boom or oil shocks from the U.S.-Iran conflict. Investors are navigating volatile...
11 Jun, 2026, 10.55 AM IST
Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...
11 Jun, 2026, 07.51 AM IST
Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
10 Jun, 2026, 10.01 AM IST
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
08 Jun, 2026, 12.01 PM IST
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
07 Jun, 2026, 07.06 PM IST
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
03 Jun, 2026, 07.38 AM IST
Oil prices tumble 11% for biggest weekly drop in 7 weeks. Where is liquid gold headed from here?Global markets rallied as oil prices hit seven-week lows. Hopes for a peace deal between the US, Israel, and Iran eased inflation fears. Br...
30 May, 2026, 10.38 AM IST
Shangri-La Dialogue opens with China and doubts about US priorities topping concernsAsia's top defense summit convenes amid rising concerns over China's military might and assertiveness. Leaders will discuss America's Indo-...
29 May, 2026, 04.55 PM IST
Iran says 'low' possibility of return to war with USIran's Revolutionary Guards are cautiously optimistic about avoiding war with the US but remain vigilant against potential threats. With pe...
27 May, 2026, 07.18 PM IST
Why are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil settles lower after Iran talks progressWhy are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil prices fell after the United States ...
20 May, 2026, 01.00 AM IST
Iran stock market to reopen today after 80-day closure amid US-Israel-Iran warIran's stock market reopens May 19 after an 80-day closure due to US-Israel conflict. While not a primary economic driver, its resumption o...
19 May, 2026, 08.55 AM IST