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MIDDLE EAST WAR IMPACT
Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
BOJ says AI boom may have eased financial conditions, warns of market risksBank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting as...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...
India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
US Treasury yield hits the highest since 2002 at 5.34%The yield on the 10-year Treasury note has surged past its 2007 high, now sitting at 5.34%. At the same time, 30-year US bonds have hit a 2...
Trump weighs fresh Iran strikes as US sends 9,000 more troops to Middle EastThe US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...
India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
No Middle East country will export oil if Iran's crude exports stay blocked, Ghalibaf saysIran's parliamentary speaker, Mohammad Baqer Qalibaf, stated that no country would export oil if Iran faced restrictions. He emphasized tha...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
'Worry and sorrow': Middle East war opens old wounds in KurdistanResidents of Penjwen express deep concern over the ongoing Middle East conflict and its impact. They recall traumatic memories from the Ira...
EAM Jaishankar at UNGA: Attack on Pakistan, 4F crisis and global wars push world towards ‘abyss’; top quotesS Jaishankar addressed the United Nations General Assembly, urging de-escalation and the protection of civilians. He highlighted the destab...
'Serial practitioner of terrorism': EAM Jaishankar takes aim at Pakistan in UN addressJaishankar addressed the 81st session of the United Nations General Assembly regarding global conflicts. He highlighted that nations far fr...