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Oil Price Today (June 24): Crude oil near 4-month low as more tankers pass through Hormuz. What are experts saying?Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...- Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
- ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
- Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
- Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
- Iran makes 'major concessions', agrees to long-term nuclear inspections, claims TrumpUS President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...
- Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEAEleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokes...
- India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
- US-Iran talks make significant progress in Switzerland; Hormuz channel set up to avert incidentsIran and the US have made significant headway in talks mediated by Qatar, aiming to end a protracted conflict. A new framework is being fin...
- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
- Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
- Hormuz in focus for India as US-Iran talks kick off in SwitzerlandHigh-level peace talks between the US and Iran have commenced in Switzerland, led by Vice President JD Vance and Parliament Speaker Mohamma...
- India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
- 3 Indian-flagged oil tankers transit through Strait of HormuzThree Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route ...
- Iranian Guards' business empire to win big if US sanctions liftedA potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revol...
- India-bound ships begin Strait of Hormuz transit as US lifts Iran blockade; Chabahar, INSTC in focusThree cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports a...
- US set to offer Iran $300 billion development fund, broad financial gains in peace dealIran is poised to receive significant financial incentives, including immediate oil sales and access to a $300 billion development fund, as...
- G7 allies scramble to put Ukraine back atop Donald Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia throu...
- From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
- Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
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