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IMF, World Bank, Others Warn Middle East War Is Straining Energy Supplies
The US-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over global energy supplies, particularly through the Strait of Hormuz, a key route for oil and gas shipments.
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'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
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Quad, Oil, Defence: Why Marco Rubio's India Visit Carries High Stakes
India continues to purchase large volumes of discounted Russian oil, but the US is looking to expand its footprint in India's energy market through LNG and crude exports.
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Strait Of Hormuz Shutdown, Oil Supply Crisis Triggers 'Red Zone' Warning
The IEA has already issued warnings about 'the most severe disruption' ever; in April agency chief Fatih Birol told CNBC: "We are facing the biggest energy security threat in history."
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Iran In Talks With Oman For Permanent Hormuz Toll System
Situated between Iran to its north and Oman to the south, the strait connects the Persian Gulf to the Indian Ocean and normally handles a fifth of the world's oil and liquefied natural gas supplies, as well as other commodities such as aluminium and
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'India Great Ally, Want To Sell As Much Energy As They'll Buy': Marco Rubio
US Secretary of State, Marco Rubio's comments come at a time when US refineries have experienced a massive surge in Venezuelan heavy crude oil arrivals.
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'Monitoring': Officials After Rajkot Sees Petrol And Diesel Stock Concerns
In a post on X, Bharat Petroleum said reports about fuel shortages or supply disruptions are misleading and do not reflect the actual on-ground situation
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Gita Gopinath Decodes Global Oil Shock, Backs PM's Fuel Cutback Advice
"If this conflict continues for a few more weeks, the right reaction is for there to be a cutback in usage of all these fields," because the petro prices are "expected to rise further," Gita Gopinath said
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Oil Prices Ease After Trump Says US Will End Iran War 'Very Quickly'
Trump's comments on the need to strike again came a day after he said he had paused a planned resumption of hostilities.
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US Extends Waiver On Sanctioned Russian Oil By Another 30 Days
This is the second time US authorities have extended the temporary measure, which is meant to address oil supply shortages sparked by the US-Israel war on Iran.
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Enough Petrol, Diesel Stocks: Centre After US Waiver On Russian Oil Expires
Sujata Sharma, the Joint Secretary of the petroleum ministry said, "There is sufficient stock of petrol, diesel in the country. No dryout is reported at any LPG dealership".
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UAE Nuclear Power Plant Hit By Drone, Triggers Massive Fire
The drone hit an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant, the Abu Dhabi Media Office said.
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Don't Run Back To Coal Again, Says Energy Body In Hormuz Crisis Report
Fossil fuel systems rely on continuous flows through narrow chokepoints like Hormuz, instantly transmitting global price spikes.
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52% In UAE, 44% In US: How India's Rs 3 Fuel Hike Compares To Other Nations
Petrol, Diesel Price Today: Around 82 countries have imposed emergency restrictions, rationing, or sharp price hikes. India has done none of this.
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Petrol, Diesel Prices Hiked By Rs 3 Amid Iran War, CNG Up By Rs 2
Centre Hikes Petrol, Diesel Prices Amid Iran War
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IMF, World Bank, Others Warn Middle East War Is Straining Energy Supplies
The US-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over global energy supplies, particularly through the Strait of Hormuz, a key route for oil and gas shipments.
-
'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
-
Quad, Oil, Defence: Why Marco Rubio's India Visit Carries High Stakes
India continues to purchase large volumes of discounted Russian oil, but the US is looking to expand its footprint in India's energy market through LNG and crude exports.
-
Strait Of Hormuz Shutdown, Oil Supply Crisis Triggers 'Red Zone' Warning
The IEA has already issued warnings about 'the most severe disruption' ever; in April agency chief Fatih Birol told CNBC: "We are facing the biggest energy security threat in history."
-
Iran In Talks With Oman For Permanent Hormuz Toll System
Situated between Iran to its north and Oman to the south, the strait connects the Persian Gulf to the Indian Ocean and normally handles a fifth of the world's oil and liquefied natural gas supplies, as well as other commodities such as aluminium and
-
'India Great Ally, Want To Sell As Much Energy As They'll Buy': Marco Rubio
US Secretary of State, Marco Rubio's comments come at a time when US refineries have experienced a massive surge in Venezuelan heavy crude oil arrivals.
-
'Monitoring': Officials After Rajkot Sees Petrol And Diesel Stock Concerns
In a post on X, Bharat Petroleum said reports about fuel shortages or supply disruptions are misleading and do not reflect the actual on-ground situation
-
Gita Gopinath Decodes Global Oil Shock, Backs PM's Fuel Cutback Advice
"If this conflict continues for a few more weeks, the right reaction is for there to be a cutback in usage of all these fields," because the petro prices are "expected to rise further," Gita Gopinath said
-
Oil Prices Ease After Trump Says US Will End Iran War 'Very Quickly'
Trump's comments on the need to strike again came a day after he said he had paused a planned resumption of hostilities.
-
US Extends Waiver On Sanctioned Russian Oil By Another 30 Days
This is the second time US authorities have extended the temporary measure, which is meant to address oil supply shortages sparked by the US-Israel war on Iran.
-
Enough Petrol, Diesel Stocks: Centre After US Waiver On Russian Oil Expires
Sujata Sharma, the Joint Secretary of the petroleum ministry said, "There is sufficient stock of petrol, diesel in the country. No dryout is reported at any LPG dealership".
-
UAE Nuclear Power Plant Hit By Drone, Triggers Massive Fire
The drone hit an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant, the Abu Dhabi Media Office said.
-
Don't Run Back To Coal Again, Says Energy Body In Hormuz Crisis Report
Fossil fuel systems rely on continuous flows through narrow chokepoints like Hormuz, instantly transmitting global price spikes.
-
52% In UAE, 44% In US: How India's Rs 3 Fuel Hike Compares To Other Nations
Petrol, Diesel Price Today: Around 82 countries have imposed emergency restrictions, rationing, or sharp price hikes. India has done none of this.
-
Petrol, Diesel Prices Hiked By Rs 3 Amid Iran War, CNG Up By Rs 2
Centre Hikes Petrol, Diesel Prices Amid Iran War
