UN chief urges "freedom of navigation" in Strait of Hormuz

UN Secretary-General Antonio Guterres has called for "freedom of navigation" in the Strait of Hormuz amid rising...

Oil prices surge more than USD 100 per barrel as Trump announces

Oil prices rose sharply on Monday morning after United States President Donald Trump announced a naval blockade of...

Oil companies making loss of Rs 24/litre on petrol

Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil...

Crude shock may push India inflation above 6-7%, warns Systematix

According to the report, "while markets swing between hope and fear with every war-related headline, the bigger...

“Strait of Hormuz is only closed to Iran’s enemies,” says envoy

Iran's IMO representative stated the Strait of Hormuz remains open to all but its "enemies," provided they...

IndianOil limits price hike to premium XP-95 petrol amid global c

Indian Oil Corp Ltd (IOCL) announced that its recent fuel price revision applies exclusively to its premium petrol...

"It’s their own territory": Trump demands warships in Hormuz

US President Donald Trump urged about seven countries to deploy warships to help secure the Strait of Hormuz amid...

Crude oil prices surge over 40% in 15 days since conflict

Crude oil prices in the international market have surged by more than 40 per cent in just 15 days amid the ongoing...

Taiwan: Price stabilization measures launched as oil prices surge

Taiwan will not sharply increase its gasoline and natural gas prices despite surging global oil prices triggered by...

Asian markets fall after crude surge, Nikkei & KOSPI tank 7 %

Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around...

Crude oil prices surge approx 10%

Brent crude prices have surged around 10 per cent amid escalating tensions in the Middle East following ongoing...

Crude oil prices surge as US shutdown ends, experts bearish

US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The...