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US IRAN OIL IMPACT INDIA
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 ...
US and Iran enter technical talks to secure peace deal, restart shippingTechnical discussions between the U.S. and Iran are underway in Doha, aiming to secure the Strait of Hormuz shipping lanes and a lasting ce...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
Oil Price Today (June 30): Brent crude falls to $72/barrel as investors await US-Iran talksBrent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 p...
US and Iran negotiators head to Doha, but meeting uncertainDoha is set to host crucial talks between Iran and the U.S. this week, though Tehran denies any scheduled meetings with American officials....
Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...
Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
India bonds rise as US-Iran halt strikes; monsoon risk limits gainsIndian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yie...
Gold prices dip to Rs 1.43 lakh/10 grams, silver below Rs 2.23 lakh/kg. What lies ahead?Gold and silver prices traded lower on MCX on Monday as renewed Middle East tensions and expectations of further US Federal Reserve rate hi...
Trump threatens to annihilate Iran after new exchange of attacksTrump issued a stark warning to Iran, saying the nation would cease to exist if forced back into war, following US strikes on Iranian targe...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
Sensex jumps over 700 points, Nifty rises above 24,200 as oil prices cool below $73 per barrelOn Thursday, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty seeing significant gains as oil prices fell be...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...