Seven oil tankers were reportedly damaged in the Strait of Hormuz overnight on Thursday, as stated by Iran's state television and reported by the Press Trust of India. This incident, if confirmed, would mark the highest...
Oil prices experienced a decline on Monday as US President Donald Trump’s recent decision to waive sanctions and tariffs on Russia suggested the potential for increased fuel supplies in the market. This move is seen as...
The Iranian conflict is likely to affect Indian producers before consumers, as rising oil prices are contributing to higher wholesale prices, according to Ran...
The BRICS bloc, comprising ten emerging economies, is set to gather at Bharat Mandapam on September 12 and 13, marking its growing economic stature....
The Philippines has officially declared a national energy emergency, citing an “imminent danger” to its fuel supplies. This alarming decision comes as ongoing conflicts...
There is something almost Kafkaesque about the scene that played out on March 5, 2026. The United States Treasury Secretary, Scott Bessent, posted on...
Global oil markets are currently experiencing notable volatility as conflicts in the Gulf region lead to significant increases in crude prices. In response, finance...