Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
09 Jun, 2026, 01.48 AM IST
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
08 Jun, 2026, 12.30 PM IST
Yemen's Houthis declare ban on Israeli shipping in Red SeaYemen's Iran-backed Houthi rebels announced a missile attack on Israel on Monday and declared a ban on Israeli shipping in the Red Sea, rai...
08 Jun, 2026, 12.15 PM IST
Packaging firms remain upbeat on FY27 growth despite raw material volatility amid West Asia crisisDespite these disruptions, companies like EPL Ltd, Uflex, and TCPL Packaging remain optimistic about FY27 growth, driven by strong domestic...
08 Jun, 2026, 10.51 AM IST
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
08 Jun, 2026, 10.44 AM IST
PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia warPrime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on Indi...
06 Jun, 2026, 02.31 PM IST
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
06 Jun, 2026, 12.29 PM IST
WTO sees signs of slowdown in global goods trade growth amid Middle East conflictDespite geopolitical tensions in the Middle East impacting the market, global merchandise trade showcases a surprising resilience, powered ...
05 Jun, 2026, 07.10 PM IST
Iran says it fired warning missiles and drones at US warships in Gulf of OmanIran's navy reported firing warning missiles and drones at U.S. warships in the Gulf of Oman, accusing the U.S. Navy of harassment. This fo...
05 Jun, 2026, 06.57 PM IST
West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...
05 Jun, 2026, 10.41 AM IST
Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran...
05 Jun, 2026, 07.42 AM IST
Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...
05 Jun, 2026, 12.23 AM IST
Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran ten...
04 Jun, 2026, 07.22 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
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
03 Jun, 2026, 11.49 AM IST
JetBlue flags higher fuel costs as Iran conflict drags onFuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as c...
02 Jun, 2026, 01.24 AM IST
Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chainIndian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from Wes...
01 Jun, 2026, 06.00 AM IST