Iraq projects oil production to return to pre-war levels within two monthsIraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...
20 Jun, 2026, 05.17 PM IST
Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
19 Jun, 2026, 12.06 PM IST
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
18 Jun, 2026, 06.35 PM IST
What we know and don't know about the possible deal to end the Iran warThe United States and Iran are close to a deal to end the ongoing war and reopen the vital Strait of Hormuz. Negotiations are progressing w...
27 May, 2026, 07.48 AM IST
What we know and don't know about emerging deal to end Iran warAmerica and Iran are close to a deal to end their war and reopen the Strait of Hormuz. Negotiations are progressing well, with a potential ...
25 May, 2026, 11.06 PM IST
India buying Russian oil irrespective of US sanctions waivers, Indian official saysIndia has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...
19 May, 2026, 07.01 PM IST
UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
18 May, 2026, 06.13 AM IST
Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreemen...
16 May, 2026, 10.34 AM IST
Oil prices climb more than 3% on fears of new US-Iran combatOil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a de...
16 May, 2026, 10.31 AM IST
India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
15 May, 2026, 06.15 AM IST
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
14 May, 2026, 09.15 PM IST
Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
13 May, 2026, 06.20 PM IST
US targets Iraq's deputy oil minister and militias with sanctions for aiding IranAmerica has imposed sanctions on Iraq's deputy oil minister and certain militias. These actions are due to their alleged support for Iran. ...
08 May, 2026, 06.44 AM IST
UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
29 Apr, 2026, 09.11 AM IST
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
28 Apr, 2026, 07.39 PM IST
India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
26 Apr, 2026, 10.26 AM IST
Iraqi oil ministry says Kurdish authorities refused to resume oil exports for nowThe Kurdish ministry placed conditions that have no relevance to exporting crude, the Iraqi ministry said in a statement. Iraq's oil minis...
15 Mar, 2026, 04.46 PM IST