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Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
Ukraine unleashes one of its heaviest drone bombardments of RussiaUkraine unleashed a massive drone assault across a dozen Russian regions and Crimea, reportedly targeting oil facilities and naval vessels....
Russian hawks urge Putin to escalate war, drop US talks as Ukraine strikes deepAmidst escalating Ukrainian drone attacks, Russian hardliners are pressuring President Putin to abandon diplomacy and intensify the conflic...
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade...
Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pactIndia and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met...
US Stock Market: Fed's Goolsbee says inflation outlook hinges on tariffs, services pricesChicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fad...
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Ukraine's Zelenskiy confirms drone strike on refining facilities in Russia's tyumen regionUkrainian President Volodymyr Zelenskiy announced that Ukrainian drones successfully targeted an oil refinery in Russia's Tyumen Region, ov...
US probes Germany's drug pricing policies, opens door to tariffsThe US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens American commerce and forces the US t...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Trump’s copper tariff decision hangs over global metal marketThe global copper market is on edge as President Trump weighs imposing tariffs on refined copper imports. A decision, expected soon, could ...
Markets ride the 'Trump Put' as TACO trade gains groundUnder Donald Trump's administration, the financial landscape has been anything but stable. Traders have learned to navigate through his tar...
India treads cautiously as Trump seeks fresh start with PM ModiUS President Donald Trump and Prime Minister Narendra Modi struck a friendly tone during their first face-to-face meeting in over a year, w...
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify fasterGlobal economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...
Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...