‘Iran getting hit hard; they want to make a deal’: Trump

US President Donald Trump on Wednesday (US local time) termed the ongoing standoff with Iran as a "skirmish" and...

India saw much lower hike in petrol/diesel prices than neighbouri

India witnessed a relatively much lower hike in petrol and diesel prices as compared to neighbouring and several...

West Asia crisis poses supply shock risk, if recovery delayed

The Finance Ministry has warned that the ongoing West Asia crisis could lead to a supply shock for the Indian...

Global oil demand slump in April driven by supply crunch

The sharp fall in global oil demand is being driven more by supply shortages than by high prices, indicating a...

West Asia tensions and oil supply disruption may push

The ongoing tensions in West Asia and risks to key oil supply routes such as the Strait of Hormuz could accelerate...

IMF flags global slowdown risk from Middle East war shock: Georgi

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, last week warned that the ongoing...

Crude oil prices may surge to $130-140 if West Asia War drags on

The escalating conflict in West Asia is sending shockwaves through global markets, with oil prices at the...

Markets underpricing West Asia risks; oil shock could turn “syste

Financial markets are failing to fully price in the escalating risks emanating from the West Asia crisis, even as...

'Oil supply disruption could hit multiple sectors across Asia'

The rise in global crude oil prices amid the West Asia conflict has the possibility to have knock-on effects on...

US-Israeli strike hits industrial area near Tehran

A US-Israeli attack struck an industrial area in Rabat Karim as regional conflict enters its thirteenth day. While...

US-Venezuela tensions unlikely to impact India’s oil security

The resurgence of geopolitical tensions between the United States and Venezuela is unlikely to pose any significant...

Despite geopolitical conflict, prolonged oil supply disruption is

There won't be a prolonged disruption to oil supplies, as there is no likelihood of escalation in the US-Iran...