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10 Articles

Why Disruption in the Strait of Hormuz Could Hit India's Economy Hard

New Delhi: Rising tensions in West Asia and the possibility of disruption in the Strait of Hormuz pose serious risks to India's energy security, with...

OPEC+ Nations Announce New Production Hike by 188,000 Barrels Per Day to Support Global Oil Market Stability

New Delhi: Seven OPEC+ countries have agreed to increase oil production by 188,000 barrels per day from July 2026, citing their collective commitment to maintaining...

Crude Oil Prices Likely to Stay in Low- $100s Amid West Asia Supply Disruptions: JPMorgan

New Delhi: Global crude oil prices are expected to remain elevated in the low-$100-per-barrel range for an extended period due to ongoing supply disruptions and...

Donald Trump Pauses Iran Strikes for Two Weeks as Strait of Hormuz Reopening Fuels Peace Talks

Washington: US President Donald Trump on Wednesday announced on Truth Social a two-week suspension of planned military strikes on Iran, contingent on the reopening of...

Libya Oil Production Hits Over 1.43 Million Barrels Per Day, Highest in More Than a Decade

Tripoli: Libya’s oil output has reached around 1.43 million barrels per day, marking its highest level in over a decade, according to the National Oil...

OPEC+ Nations Announce Output Adjustment to Stabilise Oil Markets Amid West Asia Crisis

New Delhi: Eight OPEC+ countries, including Saudi Arabia and Russia, on Sunday decided to adjust oil production by 206,000 barrels per day in May --...

Trump Threatens Strikes on Iran Power Plants Over Strait of Hormuz Standoff

Washington: U.S. President Donald Trump has issued a 48-hour ultimatum to Iran to reopen the Strait of Hormuz, warning of potential strikes on its key...

After India Waiver, US Allows Other Nations to Buy Russian Oil Stranded at Sea

Washington: The United States has temporarily allowed other countries to purchase Russian oil stranded at sea, days after granting a similar waiver to India, in...

Crude Oil Prices Jump Over $83 per barrel as Iran Closes Strait of Hormuz Amid Rising Middle East Tensions

New Delhi: Crude oil prices surged more than 2% on Thursday following Iran’s closure of the Strait of Hormuz, intensifying supply concerns amid escalating tensions...

US Considers Naval Escorts for Oil Tankers in Strait of Hormuz Amid Iran Tensions

Wednesday: The White House said the United States could deploy naval escorts for oil tankers travelling through the Strait of Hormuz if required, as escalating...

Tag: global oil supply

Why Disruption in the Strait of Hormuz Could Hit India's Economy Hard

OPEC+ Nations Announce New Production Hike by 188,000 Barrels Per Day to Support Global Oil Market Stability

Crude Oil Prices Likely to Stay in Low- $100s Amid West Asia Supply Disruptions: JPMorgan

Donald Trump Pauses Iran Strikes for Two Weeks as Strait of Hormuz Reopening Fuels Peace Talks

Libya Oil Production Hits Over 1.43 Million Barrels Per Day, Highest in More Than a Decade

OPEC+ Nations Announce Output Adjustment to Stabilise Oil Markets Amid West Asia Crisis

Trump Threatens Strikes on Iran Power Plants Over Strait of Hormuz Standoff

After India Waiver, US Allows Other Nations to Buy Russian Oil Stranded at Sea

Crude Oil Prices Jump Over $83 per barrel as Iran Closes Strait of Hormuz Amid Rising Middle East Tensions

US Considers Naval Escorts for Oil Tankers in Strait of Hormuz Amid Iran Tensions

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