OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
07 Jun, 2026, 01.15 PM IST
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
07 Jun, 2026, 10.36 AM IST
A new exchange of fire with Iran tests fragile ceasefireTensions flare as Iran launches missiles and drones towards Bahrain and Kuwait. These attacks were intercepted. The US responded by strikin...
07 Jun, 2026, 12.12 AM 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
Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
04 Jun, 2026, 06.14 AM IST
Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio GorUS Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a "red line" for the United States. He c...
03 Jun, 2026, 10.53 PM IST
Iran war: Hostilities flare again, talks at a stalemateWith the Gulf region witnessing a surge in missile and drone strikes aimed at Kuwait, diplomatic efforts between Iran and the U.S. hit road...
03 Jun, 2026, 06.09 AM IST
Rubio says Mojtaba Khamenei alive and 'increasingly engaging'US Secretary of State Marco Rubio confirms Iran's supreme leader Mojtaba Khamenei is alive and active. Talks to end a three-month war have ...
02 Jun, 2026, 10.06 PM IST
ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persistsOil prices may surge significantly in August claimed ADNOC's chief. This could happen if demand increases and the Iran war supply issues co...
02 Jun, 2026, 03.53 PM IST
Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
02 Jun, 2026, 11.27 AM IST
Oil steadies as uncertainty over US-Iran talks keeps markets on edgeOil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. ...
02 Jun, 2026, 06.28 AM IST
Narrow the Gulf for Delhi: Conversation on derisking the future from Hormuz is good news for IndiaThe West Asia crisis presents India a chance to regain global influence. Discussions are underway to secure trade routes beyond the Strait ...
01 Jun, 2026, 11.44 PM IST
Qatar opposes permanent Strait of Hormuz transit fees, open to temporary tollsQatar has stated its opposition to permanent transit fees for the Strait of Hormuz. A top official indicated that temporary tolls for purpo...
30 May, 2026, 02.31 PM IST
Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
28 May, 2026, 09.21 PM IST
IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
28 May, 2026, 05.59 PM IST
Nithin Kamath is worried about Indian farmers; Zerodha CEO explains how Strait of Hormuz closure could seriously hurt everyoneZerodha CEO Nithin Kamath has warned about India’s heavy reliance on imported fertilisers and raw materials used in fertiliser production, ...
28 May, 2026, 03.18 PM IST
Strait of Hormuz to reopen after Muslim Eid holiday ends? Check big updates on U.S.-Iran peace dealIran-U.S. proposed framework would unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launch...
24 May, 2026, 08.08 PM IST