22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
28 Oct, 2026, 06.27 PM IST
Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
23 Oct, 2026, 07.45 AM IST
Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent h...
22 Oct, 2026, 02.39 PM IST
'One of the greatest things we've done': Trump claims US prevented Iran from having nuclear weaponUS President Donald Trump emphasized that his administration successfully prevented Iran from acquiring nuclear weapons. He stated Iran wou...
22 Oct, 2026, 06.10 AM IST
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
13 Oct, 2026, 12.23 PM IST
Indian rice exporters find a way through disruptions to retain competitiveness in Gulf marketIndian rice exporters have partnered with Eximwala Solutions to utilise bulk shipping for their products with an aim to significantly lower...
12 Oct, 2026, 04.13 PM IST
India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping planIREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower ...
12 Oct, 2026, 10.49 AM IST
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
10 Oct, 2026, 11.32 AM IST
‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
10 Oct, 2026, 07.57 AM IST
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
07 Oct, 2026, 07.32 AM IST
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 ...
03 Oct, 2026, 05.42 PM IST
Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridorsVladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. H...
02 Oct, 2026, 09.15 AM IST
Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
30 Sep, 2026, 11.26 AM IST
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
24 Sep, 2026, 09.51 AM IST
Oil falls on increased Gulf supply and hopes for US-Iran talksOil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising ...
23 Sep, 2026, 07.28 AM IST
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
22 Sep, 2026, 06.58 PM IST
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
22 Sep, 2026, 08.30 AM IST