Global Oil Prices Explained: Why Middle East Tensions Are Pushing Crude Above $100
LONDON: Global oil markets are once again facing a major geopolitical shock. Brent crude, the international benchmark, moved above $100...
Crude Oil
India’s Foreign Exchange Reserves Decline for Fourth Consecutive Week
India's foreign exchange reserves have declined for a fourth consecutive week, reflecting changes in the country's external financial position amid...
Indian Stock Market Faces Pressure as Oil Prices Rise and Investors Assess Economic Outlook
Indian equity markets came under pressure as investors assessed rising crude oil prices, global market uncertainty and the latest signals...
Oil Prices Rise Above $100 as Middle East Supply Risks Intensify
Global oil prices climbed above the $100-per-barrel level as renewed security concerns in the Middle East raised fears about disruptions...
Strait of Hormuz Shipping Traffic Falls to Two-Month Low Amid Regional Tensions
Shipping activity through the Strait of Hormuz has fallen to its lowest level in around two months as security concerns...
Oil Prices Rise Above $100 as Middle East Tensions Threaten Global Supply
London: Global oil prices have climbed above the $100-per-barrel mark as growing geopolitical risks raise concerns about possible disruptions to...
Shell Reports Sharp Improvement in Refining Margins as Energy Market Shifts
London: Shell is expecting a significant improvement in its refining performance for the third quarter, with stronger margins providing a...
G7 Emergency Oil Release Puts Fresh Pressure on Global Energy Prices
London: Global oil markets moved lower as additional crude supplies from the Middle East and a planned release of emergency...
Oil Prices Hold Above $100 as Global Energy Supply Risks Intensify
London, October 2, 2026: International oil prices remained above the psychologically important $100-per-barrel mark on Friday as traders assessed conflicting...
Oil Prices and Rising Bond Yields Put Fresh Pressure on Global Markets
New York: Global financial markets faced renewed pressure as rising crude oil prices and higher government bond yields increased concerns...
🛢️ Oil Prices Rise Above $106 as US-Iran Tensions Threaten Strait of Hormuz
London/Singapore, September 28, 2026: Global oil prices moved sharply higher on Monday as uncertainty over the US-Iran conflict renewed concerns...
Global Commodity Markets Show Mixed Signals as Gold, Oil and Industrial Metals Move in Different Directions
Global commodity markets showed mixed movement as investors assessed inflation concerns, currency changes, supply conditions and geopolitical developments across major...
Oil Prices Ease as Markets Assess Possible U.S.-Iran Truce
LONDON: Global oil prices edged lower as traders assessed the possibility of a diplomatic breakthrough between the United States and...
Vietnam Refinery and ExxonMobil Sign Framework for Crude Oil Supply
HANOI: Vietnam’s leading oil refining operator has entered into a framework agreement with ExxonMobil Asia Pacific to strengthen crude oil...
Iran Conflict Puts Strait of Hormuz at the Center of Global Energy Security
The conflict between the United States and Iran has turned the Strait of Hormuz into one of the most closely...
Oil Prices Ease After Recent Surge as Markets Monitor Middle East Risks
Crude oil prices moved lower after a sharp recent increase, with traders reassessing the balance between supply concerns, geopolitical risks...
Oil Prices Fall as Saudi Supply Improves and Hopes for Diplomacy Grow
Global oil prices moved lower on Wednesday as traders responded to signs that crude supplies from the Gulf region could...
Oil Prices Stabilize After Sharp Drop as Markets Watch US-Iran Diplomacy
September 22, 2026 Global oil markets turned higher on Tuesday after crude prices suffered a sharp decline in the previous...
Oil Prices Fall More Than 2% as Diplomatic Hopes Ease Supply Concerns
Global oil prices fell by more than 2% on Monday, reaching their lowest levels in more than a week as...
Oil Prices Decline as Easing Saudi Supply Concerns Weigh on Global Market
London, September 18, 2026: Global oil prices moved lower for a third consecutive trading session on Friday as signs that...
Iran-US Conflict Escalates as 10 Ships Are Attacked Near Strait of Hormuz
Tehran/Washington: Tensions between Iran and the United States have sharply escalated after Iran said it attacked 10 ships near the...
Iran-US Conflict Escalates as 10 Ships Are Attacked Near Strait of Hormuz
Tehran/Washington: Tensions between Iran and the United States have sharply escalated after Iran said it attacked 10 ships near the...
Brazil Moves to Shield Consumers From Rising Global Oil Costs
The government has moved to reduce some fuel-related taxes and introduce measures aimed at easing pressure on diesel prices. The...
Oil Prices Surge as US-Iran Fighting Raises Fresh Fears Over Strait of Hormuz
London, September 8, 2026: Global oil prices have climbed sharply as renewed military confrontation between the United States and Iran...
Russia Defends Oil Supplies to India as Western Pressure Intensifies
Russia has stepped up its defense of its oil relationship with India as Western governments increase pressure on countries that...
Iran Plans Strait of Hormuz Exclusion Zone as Maritime Tensions Escalate
Iran is preparing to establish a new exclusion zone near the Strait of Hormuz, marking another significant escalation in the...
OPEC+ Freezes October Oil Output Policy Amid Global Supply Uncertainty
RIYADH — OPEC+ has decided to keep its oil production policy unchanged for October, pausing further adjustments as major producers...
US Unveils Major Oil Deal Expanding Control Over Venezuelan Reserves
The United States has announced what the White House describes as the largest oil deal in world history, giving the...
US Plans 35% Stake in Venezuelan Oil Venture as Trump Pushes for Greater Control of Energy Reserves
President Donald Trump delivers his State of the Union address, February 24, 2026 Washington/Caracas, The United States is considering an...
US and Venezuela Announce Major Oil Deal Covering More Than 65 Billion Barrels
Washington, August 29, 2026: The United States and Venezuela have reached a major oil agreement that would give American interests...
Strait of Hormuz Crisis Puts Global Energy and Trade at Risk as Shipping Traffic Remains Disrupted
AI Generated Photo The Strait of Hormuz, a narrow maritime passage connecting the Persian Gulf with the Gulf of Oman,...
Strait of Hormuz Crisis Deepens as Oil Tanker Traffic Stalls and U.S.-Iran Talks Remain Frozen
President Donald Trump arrives on stage to deliver remarks on the economy at the Rocky Mount Event Center in Rocky...
Strategic Oil Reserves Explained: Why Countries Are Stockpiling Crude for the Next Energy Shock
When global oil supplies are disrupted, governments have one emergency tool that can be used almost immediately: strategic petroleum reserves....
Strait of Hormuz Explained: Why One Narrow Waterway Can Affect the World Economy
Symbolic Photo The Strait of Hormuz is one of the most important maritime passages on Earth. Although it is a...
Strait of Hormuz Uncertainty Keeps Global Oil Prices Under Pressure as Markets Await a Clear Reopening Deal
August 8, 2026 Global oil markets remain highly sensitive to developments surrounding the Strait of Hormuz, with traders struggling to...
Refining Capacity Crunch Keeps Global Fuel Prices High Despite Softer Crude Oil
Global fuel prices have remained elevated even as crude oil prices have eased, highlighting a growing imbalance in the international...
Global Oil Prices Stay Volatile as Strait of Hormuz Tensions Raise Supply Concerns
Global oil markets remain under pressure as geopolitical tensions surrounding the Strait of Hormuz continue to create uncertainty over the...
Why Fuel Prices Rose Differently Around the World After the Middle East Conflict
The outbreak of conflict in the Middle East once again reminded the world how closely global energy markets are connected...
