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Airspace, Oil Prices, All-Out War: 5 Major Impacts Of Iran-Israel Conflict
Major disruptions to commercial airlines costing millions of dollars, a spike in oil prices worldwide, and the risk of all-out war in the West Asia region, which could escalate into a global military conflict - these are the 5 impacts of Iran-Israel.
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Oil Prices Surge Amid Fears of Iran-Israel Escalation
Oil prices risk rocketing further should crude supplies become disrupted from a widening Middle East conflict after Israel struck military and nuclear facilities in Iran, analysts said Friday.
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Sugar Rs 5,000, Oil Rs 4,000: Gazans Blame Israel, They Say It's Hamas
On the morning of Eid al-Adha, prayers across the Gaza Strip were conducted not in mosques, but in the rubble of what used to be homes, schools, and religious institutions. A ceasefire is not in sight, and neither is a meal.
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Liberian Shipwreck Containers Wash Ashore Kerala Coast Amid Oil Spill Crisis
Containers from a Liberian cargo ship that sank off the Kerala coast have started washing ashore, while the oil spill spreading from the vessel has prompted authorities to issue a high alert along the state's coastline, officials said on Monday.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
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Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
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Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
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Opinion: For Oil, Its Not 1973 Again But It Could Still Turn Ugly
History doesn't repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world's first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A surprise attack on Israel and oil prices rising.
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Big Oil Sued In US Over Climate Damages
Attorney Jeffrey B. Simon helped families affected by the opioid crisis obtain settlements worth more than $2.7 billion against leading pharmaceutical companies.
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"On The Brink Of Collapse": Pakistan Oil Industry's SOS Ahead Of IMF Meet
Oil companies in cash-strapped Pakistan have warned that the industry is on the "brink of collapse" as the dollar liquidity crisis persists and their cost of doing business balloons due to the rupee's devaluation.
-
Russian Oil Price Cap Sanctions Could Threaten India's Oil Supplies: Report
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.
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August Sunflower Oil Imports Up Nearly 90%; Russia, Argentina Major Suppliers
After the Ukraine crisis, Russia and Argentina have emerged as major suppliers of sunflower oil to India as imports of the cooking oil jumped 89.6 per cent to 1.35 lakh tonnes in August.
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Rupee Gains As Oil Prices Lowest Since February And Pullback In Dollar
The rupee strengthened sharply at open on Thursday, tracking a pullback in the dollar and oil below $90 per barrel for the first time since the start of the Ukraine crisis in late February.
-
Oil Steadies At Below $90 For First Time Since Start Of Ukraine Crisis
Oil prices climbed on Thursday, paring some of their steep losses in the previous session.
-
Airspace, Oil Prices, All-Out War: 5 Major Impacts Of Iran-Israel Conflict
Major disruptions to commercial airlines costing millions of dollars, a spike in oil prices worldwide, and the risk of all-out war in the West Asia region, which could escalate into a global military conflict - these are the 5 impacts of Iran-Israel.
-
Oil Prices Surge Amid Fears of Iran-Israel Escalation
Oil prices risk rocketing further should crude supplies become disrupted from a widening Middle East conflict after Israel struck military and nuclear facilities in Iran, analysts said Friday.
-
Sugar Rs 5,000, Oil Rs 4,000: Gazans Blame Israel, They Say It's Hamas
On the morning of Eid al-Adha, prayers across the Gaza Strip were conducted not in mosques, but in the rubble of what used to be homes, schools, and religious institutions. A ceasefire is not in sight, and neither is a meal.
-
Liberian Shipwreck Containers Wash Ashore Kerala Coast Amid Oil Spill Crisis
Containers from a Liberian cargo ship that sank off the Kerala coast have started washing ashore, while the oil spill spreading from the vessel has prompted authorities to issue a high alert along the state's coastline, officials said on Monday.
-
"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
-
Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
-
Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
-
Opinion: For Oil, Its Not 1973 Again But It Could Still Turn Ugly
History doesn't repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world's first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A surprise attack on Israel and oil prices rising.
-
Big Oil Sued In US Over Climate Damages
Attorney Jeffrey B. Simon helped families affected by the opioid crisis obtain settlements worth more than $2.7 billion against leading pharmaceutical companies.
-
"On The Brink Of Collapse": Pakistan Oil Industry's SOS Ahead Of IMF Meet
Oil companies in cash-strapped Pakistan have warned that the industry is on the "brink of collapse" as the dollar liquidity crisis persists and their cost of doing business balloons due to the rupee's devaluation.
-
Russian Oil Price Cap Sanctions Could Threaten India's Oil Supplies: Report
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.
-
August Sunflower Oil Imports Up Nearly 90%; Russia, Argentina Major Suppliers
After the Ukraine crisis, Russia and Argentina have emerged as major suppliers of sunflower oil to India as imports of the cooking oil jumped 89.6 per cent to 1.35 lakh tonnes in August.
-
Rupee Gains As Oil Prices Lowest Since February And Pullback In Dollar
The rupee strengthened sharply at open on Thursday, tracking a pullback in the dollar and oil below $90 per barrel for the first time since the start of the Ukraine crisis in late February.
-
Oil Steadies At Below $90 For First Time Since Start Of Ukraine Crisis
Oil prices climbed on Thursday, paring some of their steep losses in the previous session.
