Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices are expected to average around USD 70 per barrel in FY26, according to a report by Emkay Research.
Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to push global crude oil prices to USD 100 per barrel, according to a report by Nuvama.
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
Haryana Chief Minister Nayab Singh Saini said that the state government is taking firm and determined steps to strengthen the irrigation and water infrastructure. Under this initiative, five major projects under the Irrigation and Water Resources Department are being implemented, each with a
Cairn Oil & Gas is preparing to monetise its Shale reserves in Rajasthan and has launched the next phase of Alkali-Surfactant-Polymer (ASP) injection, targeting up to 300 million barrels of recoverable oil from mature fields.
A large fire was reported on Saturday night at a strategic complex near Haifa in northern Israel after Iran launched a barrage of missiles and drones, MEHR News Agency reported, citing local media.
The two leaders discussed bilateral cooperation, including in trade, defence, clean energy, India-Middle East-Europe Economic Corridor (IMEC), culture and people-to-people ties.
Speaking to the press alongside French counterpart Jean-Noel Barrot on Friday, Jaishankar said that the strategic partnership between India and France is based on shared values, strong sense of sovereignty, democratic commitment, independence, strategic autonomy, guiding foreign policy, a
The oil supply update by the minister attaches importance, given that the international oil prices shot up sharply post the early morning attack on Iran by Israel. At the time of filing this report, crude oil WTI futures were trading 6 per cent higher at USD 72.04 per barrel.
Muhammad Yunus will meet BNP's Tarique Rahman in London to discuss Bangladesh's election crisis. The BNP wants polls by December, while Yunus plans for April. The meeting is seen as a political turning point, with Tarique expected to return from exile and the Awami League barred from contest