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A $10 a barrel increase in the average price of crude oil in FY26 will typically push up net oil imports by about $13-14 ...
Despite Iran's repeated threats to close the Strait of Hormuz, a vital chokepoint for global oil, analysts believe an actual ...
As Iran-Israel tensions rise, the strategic Strait of Hormuz faces potential closure. With 20% of global oil trade passing ...
Shell CEO Wael Sawan said on Thursday the oil and gas major was being 'very careful' with its shipping through the Middle East given the escalating conflict between Israel and Iran.
The Fed is likely to remain sidelined, unable to cut rates or provide support as inflation accelerates above target, ...
Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of global LNG passes through the Strait of Hormuz. This is a developing story.
Crude oil and natural gas prices continue to climb on fears that energy shipments via the Strait of Hormuz could be disrupted ...
Union Petroleum Minister Hardeep Singh Puri allayed concerns about a spike in oil prices amid the Israel-Iran conflict, ...