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
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
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
Speaking to ANI, Nasheed said the conflict could disrupt the country's fragile economic stability. "Tourist arrivals have come down. So that is going to have a very big impact on our economy and the prosperity of the people. So, yes, it is very, very difficult," he added.
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.
Saying that a debate in Parliament would allow for important public issues to be raised, the Congress leader told reporters, "How much will the public tolerate? The prices have only risen, unemployment is up, look at the LPG situation, just because of their policies and schemes. If a disc
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.
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
MP Priyanka Chaturvedi, while speaking to ANI, said, "The USA kept saying they would take some action against Iran. Two days before the war started, our Prime Minister arrived in Israel. The war first started from Israel's side, and the US supported it."
The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.
According to the statement, the new fuel surcharge will be implemented in three phases and will apply to travel on all flights, including those operated by Air India Express.