OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
05 Jul, 2026, 08.33 AM IST
Iran prepares casket prayers for Ayatollah Ali Khamenei as funeral enters second dayIran is holding massive funeral ceremonies for its slain Supreme Leader Ali Khamenei, who died in an airstrike. Huge crowds have gathered i...
05 Jul, 2026, 06.51 AM IST
Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
05 Jul, 2026, 06.06 AM IST
Tel Aviv should build broader alliance from India to US via West Asia: Top Israeli defence officialIsrael's top defence official proposed a new regional security architecture, advocating for a broad alliance from India to the US, encompas...
01 Jul, 2026, 09.04 PM IST
US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
01 Jul, 2026, 08.02 PM IST
US envoys Steve Witkoff, Jared Kushner meeting mediators in DohaUS envoys, including Steve Witkoff and Jared Kushner, are in Doha for talks with Qatari mediators concerning regional issues, notably Iran,...
01 Jul, 2026, 12.44 AM IST
US consumer confidence edges up in June; labor market perceptions deteriorateUS consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism...
30 Jun, 2026, 09.45 PM IST
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
30 Jun, 2026, 04.16 PM IST
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
30 Jun, 2026, 10.21 AM IST
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
30 Jun, 2026, 10.11 AM IST
Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
30 Jun, 2026, 01.00 AM IST
Tehran-Dubai flights to resume Monday: Iranian mediaFlights between Tehran and Dubai are set to resume on Monday, according to Iranian state media. This comes just weeks after Iran launched d...
28 Jun, 2026, 10.20 PM IST
Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would es...
28 Jun, 2026, 04.05 PM IST
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
26 Jun, 2026, 07.36 AM IST
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
25 Jun, 2026, 06.00 PM IST
Israeli defence minister says 'no US demand' to withdraw from LebanonIsrael's Defence Minister Israel Katz stated that the US has not demanded a troop withdrawal from southern Lebanon, a key Lebanese conditio...
24 Jun, 2026, 10.28 PM IST
Monday ship traffic through Strait of Hormuz highest since start of war: monitorA record 36 commodity carriers navigated the Strait of Hormuz on Monday, a significant uptick following a US-Iran memorandum to end the Mid...
23 Jun, 2026, 03.28 PM IST