Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
12 Jun, 2026, 12.02 AM IST
Rupee drops to 95.76 vs USD on dollar demand from oil cos, nearly erases RBI-led gainsThursday saw the Indian rupee slip against the U.S. dollar, negating earlier improvements that were supported by measures from the central ...
11 Jun, 2026, 04.37 PM IST
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
11 Jun, 2026, 03.16 PM IST
Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...
11 Jun, 2026, 12.18 AM IST
Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crashIndian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices...
10 Jun, 2026, 03.53 PM IST
Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...
10 Jun, 2026, 08.31 AM IST
US, Iran appear far from peace deal 100 days since war beganTensions rise as US and Iran struggle for an interim deal. Fresh attacks test a fragile ceasefire. Frozen Iranian assets and the Lebanon co...
07 Jun, 2026, 09.14 PM IST
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
07 Jun, 2026, 01.34 PM IST
US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
07 Jun, 2026, 06.04 AM IST
US strikes Iranian sites after Iran launches drones, in latest Gulf flare-upU.S. forces struck Iranian coastal radar sites after shooting down four Iranian drones targeting maritime traffic near the Strait of Hormuz...
06 Jun, 2026, 07.52 PM IST
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
05 Jun, 2026, 10.59 AM IST
Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran ten...
04 Jun, 2026, 07.22 AM IST
India imports 55% of LPG from the US, 12% from Iran in MayIndia's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...
03 Jun, 2026, 11.24 PM IST
US stocks today: US stocks open lower on fresh Mideast tensionsUS stocks opened lower as rising crude oil prices and renewed Middle East tensions pressured sentiment, after reports of Iranian missile ac...
03 Jun, 2026, 07.18 PM IST
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
03 Jun, 2026, 11.49 AM IST
Oil Price Today (June 3): Crude oil nears $100 again as Iran launches attack in fresh escalation. What are experts saying?Middle East tensions escalated as Iran launched missiles, prompting U.S. strikes and rattling oil markets. Brent and WTI crude prices saw a...
03 Jun, 2026, 07.31 AM IST
Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
31 May, 2026, 11.45 PM IST