Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
15 Jun, 2026, 09.08 PM IST
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
15 Jun, 2026, 08.41 AM IST
Oil and gas supplies could take months to return to normal after Iran deal, energy experts sayGlobal oil prices saw a dip following news of an Iran war ceasefire and the reopening of the Strait of Hormuz. However, energy experts caut...
15 Jun, 2026, 07.47 AM IST
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...
11 Jun, 2026, 10.45 AM IST
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
06 Jun, 2026, 08.22 PM IST
Russia repels drone attack over Leningrad region as economic forum kicks offRussia intercepted 50 drones over Leningrad region overnight. This comes as President Putin's economic forum, the 'Russian Davos', starts i...
03 Jun, 2026, 10.29 AM IST
Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
31 May, 2026, 11.45 PM IST
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
28 May, 2026, 08.16 AM IST
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
26 May, 2026, 05.11 PM IST
India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
25 May, 2026, 01.50 PM IST
Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
22 May, 2026, 05.30 AM IST
Saudi Arabia March crude exports drop to lowest on record, JODI saysSaudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....
20 May, 2026, 06.25 PM IST
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
19 May, 2026, 09.41 PM IST
Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
18 May, 2026, 11.18 AM IST
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
18 May, 2026, 09.55 AM IST
Oil prices climb more than 3% on fears of new US-Iran combatOil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a de...
16 May, 2026, 10.31 AM IST
India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
15 May, 2026, 06.15 AM IST