Search For "oil supplies"
West Asia conflict: White House confirms US Navy did not escort vessels vi
Updated : 3 days, 8 hours ago IST
White House Press Secretary Karoline Leavitt on Tuesday (local time) said that the United States has not escorted any vessels or tankers via the Strait of Hormuz amid the developing security situation in West Asia and the Gulf.
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Trump warns Iran against attempting to block Strait of Hormuz and disrupti
Updated : 3 days, 22 hours 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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US missile strike targets school and residential homes in Iran's Khomeyn:
Updated : 4 days, 1 hour ago IST
Reports indicate a US missile strike hit a school in Khomeyn, central Iran. This comes as the IRGC vowed to "determine" the war's end, rejecting US claims of a "short-term excursion." Amid threats to global oil supplies, Russia and France are pursuing diplomatic and defensive measures to
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MRPL denies rumours of refinery shutdown amid West Asia conflict; confirms
Updated : 6 days, 20 hours ago IST
Mangalore Refinery and Petrochemicals Limited (MRPL) has officially denied reports circulating on social media regarding a partial shutdown of its facilities, asserting that its operations remain fully functional despite speculation of feedstock shortages. The state-controlled refiner issued
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"Short-term measures to keep prices down": US Energy Secy on Washington is
Updated : 1 week ago IST
US Energy Secretary Chris Wright on Friday said that Washington's decision on issuing a 30-day waiver to India to purchase certain Russian oil supplies is part of "short-term measures" aimed at keeping global oil prices under control amid supply pressures linked to tensions in the Middle
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West Asia tensions push crude higher, could potentially put pressure on In
Updated : 1 week, 4 days ago IST
Escalating tensions in Iran and the wider West Asia region have intensified concerns over global crude oil supplies, with experts warning of sustained volatility that could potentially impact India's energy sector.
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US continues to dictate terms in Venezuela; interim govt agrees to release
Updated : 2 months ago IST
White House Press Secretary Karoline Leavitt on Wednesday stated that Washington is currently working closely with interim authorities in Venezuela, who have agreed to release millions of barrels of sanctioned crude to the US, underscoring Washington's leverage over the South American nation
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It makes all the sense in the world: Economist Kent Bhupathi on PM Modi, P
Updated : 3 months, 1 week ago IST
Russian President Vladimir Putin's two-day visit to India takes place as the country looks to secure steady oil supplies and expand trade, even as pressure grows from Western nations. Economist Kent Oliver Bhupathi, speaking to ANI on Thursday, says the timing of the visit "makes all the sen
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Global commodity prices expected to decline by roughly 7%, precious metals
Updated : 3 months, 1 week ago IST
Global commodity prices are expected to fall by nearly 7 per cent in 2026, continuing a fourth straight year of decline. The fall is being linked to slower global economic growth, trade tensions, policy uncertainty, and abundant oil supplies. Precious metals, however, are projected to rise b
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World requires more energy in decades to come: OPEC Secretary-General
Updated : 8 months ago IST
Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed that the world will need more energy in the coming decade and stressed the need to ensure oil supplies are delivered in a stable and secure manner.
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"Keep oil prices down, I'm watching": Trump issues warning to "everyone" a
Updated : 8 months, 3 weeks ago IST
In a sharp warning on Monday, US President Donald Trump urged "everyone," including businesses and individuals, to keep prices in check, cautioning that the rising costs could "play into the hands of the enemy."
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Despite geopolitical conflict, prolonged oil supply disruption is unlikely
Updated : 8 months, 3 weeks ago IST
There won't be a prolonged disruption to oil supplies, as there is no likelihood of escalation in the US-Iran conflict, noted a research report by UBS.
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