OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
06 Jul, 2026, 07.19 AM IST
Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...
06 Jul, 2026, 06.34 AM IST
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
05 Jul, 2026, 09.23 AM IST
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
04 Jul, 2026, 12.31 AM IST
Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
03 Jul, 2026, 02.36 PM IST
We blew up Iran's radar: Trump says US carried out strikes on Iran for 3 consecutive daysUS President Donald Trump revealed American forces conducted strikes on Iran for three consecutive nights, targeting radar systems in respo...
03 Jul, 2026, 06.31 AM IST
Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
02 Jul, 2026, 11.40 PM IST
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
02 Jul, 2026, 10.00 AM IST
Congress chief Mallikarjun Kharge among those invited for late Iran's supreme leader Ayatollah Ali Khamenei's burial ceremoniesIran has extended an invitation to Congress president Mallikarjun Kharge, along with leaders Salman Khurshid and Pawan Khera, for the upcom...
01 Jul, 2026, 07.34 PM IST
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
30 Jun, 2026, 09.27 PM IST
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
30 Jun, 2026, 03.26 PM IST
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
30 Jun, 2026, 12.37 PM IST
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
29 Jun, 2026, 06.04 AM IST
Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
29 Jun, 2026, 12.14 AM IST
30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
25 Jun, 2026, 07.32 AM IST
Trump’s Kharg threat, reversal show Iran war high-wire actPresident Donald Trump considered capturing Kharg Island, Iran's main oil export terminal. This move would have severely impacted Iran's ec...
12 Jun, 2026, 07.10 AM IST
US will hit Iran 'very hard' tonight: Trump plans to take over main Iranian oil terminalsIran war news: US President Donald Trump has issued a strong warning to Iran. He stated that America will strike Iran very hard. Trump also...
11 Jun, 2026, 11.00 PM IST