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      Iran’s absence in oil market likely to be offset by oversupply

Iran’s absence in oil market likely to be offset by oversupply

Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil...

      
      2012 deal with US on no Iran Oil purchase burns holes in Cong...

2012 deal with US on no Iran Oil purchase burns holes in Cong...

However, historical records from the Congress-led UPA government's tenure indicate that India too had reduced oil...


      
      India seized three Iran-linked US-sanctioned tankers: Reuters

India seized three Iran-linked US-sanctioned tankers: Reuters

India has seized three US-sanctioned oil tankers linked to Iran this month and stepped up surveillance in its...

      
      US tightens sanctions on Iran’s oil network, Indian firm hit

US tightens sanctions on Iran’s oil network, Indian firm hit

The US Department of State and Department of Treasury announced new sanctions targeting Iran's shadow oil...


      
      US sanctions hit Indian companies over Iran oil trade

US sanctions hit Indian companies over Iran oil trade

The US Department of State announced the sanctions on Wednesday, alleging the Indian firms knowingly engaged in...


      
      US unveils first Iran oil sanctions after 12-day war truce

US unveils first Iran oil sanctions after 12-day war truce

The US has imposed new sanctions on Iranian oil exports after a recent ceasefire with Israel. Despite brief hopes...

"China can now continue to purchase oil from Iran": Trump

US President Donald Trump announced that China can resume oil purchases from Iran and expressed hope it buys more...

      
      South Korea’s economy to face major headwinds from Trump’s attack

South Korea’s economy to face major headwinds from Trump’s attack

South Korean economy is bracing for the aftereffects of US attacks on three of Iran's core nuclear sites: Fordow,...

      
      Iran is considering closing the Strait of Hormuz: Reports

Iran is considering closing the Strait of Hormuz: Reports

Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe...


      
      Israel's attack on Iran bullish for oil prices: Report

Israel's attack on Iran bullish for oil prices: Report

Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring...

      
      Global crude oil prices up after Biden's remarks on Iran strike

Global crude oil prices up after Biden's remarks on Iran strike

Oil prices added to earlier gains after President Joe Biden suggested that US and Israeli officials were...


      
      US confirms seizing cargo containing Iranian oil

US confirms seizing cargo containing Iranian oil

The United States Department of Justice confirmed on Friday that it seized a cargo containing nearly one million...
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