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WESTERN SANCTIONS OIL TRADE
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset releaseUS-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the...
Nifty, Sensex to rally more on Monday? Iran peace deal among 5 factors to dictate Dalal Street this weekIndian benchmark indices rebounded sharply on Friday, with the Sensex and Nifty rising nearly 2%, driven by hopes of a US-Iran peace deal, ...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
Iran calls Trump's drone attack claims on Indian ships 'simply baseless'Iran has dismissed US President Donald Trump's claim of a drone attack on Indian ships in the Strait of Hormuz as "baseless." The Iranian e...
Iran peace deal looms while new military action flares near Strait of HormuzThe United States and Iran are reportedly close to an agreement to end their war, with both sides agreeing on a text for an initial deal. T...
US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright saysAmidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persia...
Iran insists on nuclear enrichment and control over Strait of Hormuz under any deal with USIran insisted on Friday on its right to enrich uranium and maintain control over the Strait of Hormuz under any deal with the United States...
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
EU sanctions Iranians over restricting naval traffic in HormuzThe European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...
Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....
Drones hit three 'shadow fleet' oil tankers off Turkiye's Black Sea coastThree oil tankers were attacked by drones off Turkey's Black Sea coast. The ships are part of a 'shadow fleet' exporting Russian oil and ev...