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MIDDLE EAST WAR AND OIL SUPPLY
Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loomGoldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base ca...
UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...
Dollar near one-week high as markets grapple with Gulf tensionsThe U.S. dollar held near a one-week peak as Middle East conflicts created energy supply fears. Markets also watched inflation risks as oil...
RIL sees better global refining margins despite oilfield attacksReliance Industries anticipates stronger global refining margins in upcoming quarters. Structural capacity losses in Russia and the Middle ...
Iran-US war impact: Gas, oil prices jump big again, check how latest escalation is burning a hole in common Americans' pockets. What to expect in coming daysUS Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affor...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
ASEAN ministerial talks: Iran war, Myanmar crisis and South China Sea rifts under spotlightSoutheast Asian diplomats are meeting in Manila to discuss escalating Middle East conflicts. They will express alarm over renewed hostiliti...
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
Peak of US-Iran conflict likely over; easing commodity prices to aid Indian manufacturers from H2FY27: ReportEasing commodity prices are expected to boost Indian manufacturers' operating margins. Global supply is improving and demand from China rem...
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflictOil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude fut...
NY Fed's John Williams: "Unquestionably too-high" inflation may soon subsideJohn Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He proje...
US supporting efforts to revive Iraq-Syria crude oil pipeline, US official saysThe United States backs Iraq and Syria's pipeline revival efforts. This project aims to bypass the Strait of Hormuz for oil transport. Amer...
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
Oil heads for weekly gain as Middle East supply risks persistOn Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limit...
Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...