Search For "oil prices"
Ending Iran's nuclear ambitions over oil profits: Trump clarifies on his a
Updated : 1 day, 9 hours ago IST
In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of
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"US will never risk sending its navy to open up Strait of Hormuz": Kanwal
Updated : 1 day, 13 hours ago IST
Sibal argued that the US is unlikely to risk a naval operation to forcibly "reopen" the Strait of Hormuz as the deep-water channel necessary for large vessels lies within Iranian territorial waters. Iran does not need sophisticated long-range missiles to defend this corridor; short-range
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West Asia conflict continues to weigh down India's stock indices; Sensex d
Updated : 1 day, 16 hours ago IST
Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
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If crude remains near USD 100/bbl, each month of crisis to add Rs 30,000 c
Updated : 1 day, 18 hours ago IST
If crude oil prices sustain above USD 100 per barrel in FY27, the Central government's annual additional expenditure could rise by Rs 3.6 lakh crore, according to a report by Elara Securities.
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US-Israeli strike hits industrial area near Tehran; abandoned warehouse am
Updated : 1 day, 20 hours 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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Nifty down 250 pts, Sensex loses 800 pts in opening as crude surges past U
Updated : 1 day, 22 hours ago IST
Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
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Bahrain warns residents to stay indoors after Iranian strike on Muharraq f
Updated : 1 day, 23 hours ago IST
Bahrain has advised residents in several areas to "remain in their homes" and "close windows" following a major blaze in Muharraq Governorate. The Ministry described the move as a "precaution against potential effects of smoke" after Al Jazeera reported an Iranian strike on local fuel storag
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US to release 172 million barrels of oil to stabilise markets as Middle Ea
Updated : 1 day, 23 hours ago IST
The US will release 172 million barrels of oil "beginning next week" to stabilse markets amid war with Iran. President Trump vowed to "finish the job" despite Tehran's threats to "destroy" the economy. While Trump suggests there is "practically nothing left to target," Israel claims it ha
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"International Energy Agency agreed to coordinate release of 400 million o
Updated : 2 days ago IST
Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the
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Taiwan: Price stabilization measures launched as oil prices surge
Updated : 2 days, 13 hours ago IST
Taiwan will not sharply increase its gasoline and natural gas prices despite surging global oil prices triggered by the ongoing Middle East conflict that began with American and Israeli attacks on Iran, Focus Taiwan reported, citing officials.
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Paint prices may rise 2-5% in April if crude cost remains high: Report
Updated : 2 days, 18 hours ago IST
Paint prices in India could increase by 2 to 5 per cent in April if crude oil prices continue to remain at current high levels, according to a report by Systematix Research.
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"India responsible for stability in oil market," says US Envoy to India Se
Updated : 2 days, 19 hours ago IST
In a post on X, Gor wrote, "India has been a great partner in maintaining stable oil prices around the world. The United States recognizes ongoing purchases of Russian oil are a part of this effort. India is one of the largest consumers and refiners of oil and it is essential for the Unit
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