Search For "global oil supply"
US-Israeli strike hits industrial area near Tehran; abandoned warehouse am
Updated : 0 min ago IST
A US-Israeli attack struck an industrial area in Rabat Karim as regional conflict enters its thirteenth day. While an abandoned warehouse was one of the targets struck, Iran has set three conditions for peace. Meanwhile, the IRGC continues retaliatory strikes against US bases and tankers ami
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Three crew members feared trapped in engine room after Iranian attack on T
Updated : 0 min ago IST
Three crew members are feared trapped in a Thai-flagged vessel's engine room following an Iranian strike in the Strait of Hormuz. The attack is part of an intensifying IRGC blockade, where international ships are targeted by drones if they move "even a few metres" without permission.
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"Remain silent or be targeted": IRGC enforces lethal "no-move" zone in Str
Updated : 0 min ago IST
The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
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Trump warns Iran against attempting to block Strait of Hormuz and disrupti
Updated : 6 days, 1 hour ago IST
United States President Donald Trump on Tuesday warned Iran against attempting to disrupt global oil supplies, saying Washington would respond with overwhelming force if Tehran tried to interfere with energy shipments through the strategically vital Strait of Hormuz.
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Amid political shift, Venezuelan oil revival could keep global prices lowe
Updated : 2 months, 1 week ago IST
In its Oil Markets Weekly, JPMorgan said a regime change in Venezuela would represent one of the largest upside risks to global oil supply in 2026 and beyond, an outcome that oil markets are not currently pricing in.
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US-Venezuela tensions unlikely to impact India's oil security: Report
Updated : 2 months, 1 week ago IST
The resurgence of geopolitical tensions between the United States and Venezuela is unlikely to pose any significant risk to India's oil security or trade position, according to a research note by Bank of Baroda.
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Largest oil reserves, but small player in global oil supply chain: Energy
Updated : 2 months, 1 week ago IST
Taneja also noted that recent developments may not have an immediate impact on oil prices and could create opportunities for Indian oil companies if sanctions are lifted.
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Crude oil prices may surge to USD 80 per barrel amid fresh US-Russia tensi
Updated : 7 months, 1 week ago IST
Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil market experts in conversation with ANI.
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Any decision to close Strait of Hormuz will impact global oil supply, say
Updated : 8 months, 3 weeks ago IST
Amid rising tensions in the Middle East due to continued military action by Israel and Iran, experts have said that any closure of the Strait of Hormuz will hit global oil trade.
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Global oil supply is secure, with countries like Brazil, the US and Canada
Updated : 1 year, 4 months ago IST
During an interaction with media in New Delhi on Thursday, he explained, "All concerned with is that the major consuming countries are not likely to face any shortfall of supplies on account of the fact, that more and more oil is coming onto the market. The Brazilians who have a production o
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"Forcing Russia to sell oil at bigger discounts to India": US treasury off
Updated : 1 year, 11 months ago IST
"We know that the Indian economy is much at stake in the Russia World Trade and as much at stake for the global supply disruptions that the price cap is designed to afford the price caps calls or to limit these revenues and maintain global oil supply essentially by creating a mechanism fo
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OPEC+ extends output cuts through Q2; Russia announces additional reductio
Updated : 2 years ago IST
According to S&P Global Commodity Insights (GCI), this decision comes amidst ongoing efforts to stabilize oil markets and counteract increasing output from rival producers such as the US and Brazil.
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