Oil Supply Disruption
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US To Release 172 Million Barrels From Strategic Oil Reserve To Cut Prices
The United States Department of Energy said Wednesday it will release 172 million barrels from the strategic petroleum reserve "beginning next week," as the Middle East war disrupted oil prices.
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Indian Social Media Users Call For Work-from-Home Amid Middle East Fuel Concerns
Amid concerns over potential fuel disruptions linked to Middle East tensions, Indian social media users and IT professionals are urging the government to consider work-from-home arrangements to reduce fuel consumption.
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After Oil, Gas, Iran's Hormuz Chokehold Raises Fertiliser Red Flag For India
US-Israel war on Iran disrupts fertiliser supply to India, threatening imports, particularly urea, and posing food security risks for the country's 147 crore population to add to concerns over energy supply volatility.
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India Comes To Bangladesh's Rescue Amid Diesel Shortage Fueled By Iran War
Amid improving bilateral relations, India has sent a major consignment of diesel to Bangladesh, which is facing a critical fuel shortfall due to the war in Iran.
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Bengaluru, Chennai, Mumbai Hotels Flag LPG Cylinder Shortage, Centre Responds
The price of LPG cylinders was also increased last Saturday due to the Iran-Israel war and the disruption it caused in key energy shipping routes in the Middle East.
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Trump Says Iran War Could Be Over Soon, Then A Threat Over Oil
US President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic.
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Fuel Prices Up, Salaries Cut: Energy Shock To Pakistan Amid Iran War
Pakistan's PM Shehbaz Sharif on Monday announced a sweeping austerity and energy-saving plan, saying the steps were necessary as the country confronts a global fuel crisis triggered by the ongoing conflict involving the US, Israel and Iran.
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One Strait, 20 Million Barrels: Could Hormuz Trigger An Oil Shock Bigger Than 1973?
The global oil system has effectively concentrated a fifth of its supply through a single narrow shipping lane with limited redundancy.
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"Small Price To Pay": Trump Defends Iran War Decision As Oil Soars Over $100
Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions.
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"Please Mind Your Business": Kamal Haasan Slams Trump Amid "Permission" Row
Hitting out at the US after a top official said Washington, DC, had given India "permission" to buy Russian oil after the Middle East conflict disrupted global supply chains, actor-politician Kamal Haasan has said India does not take orders
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US To Release 172 Million Barrels From Strategic Oil Reserve To Cut Prices
The United States Department of Energy said Wednesday it will release 172 million barrels from the strategic petroleum reserve "beginning next week," as the Middle East war disrupted oil prices.
-
Indian Social Media Users Call For Work-from-Home Amid Middle East Fuel Concerns
Amid concerns over potential fuel disruptions linked to Middle East tensions, Indian social media users and IT professionals are urging the government to consider work-from-home arrangements to reduce fuel consumption.
-
After Oil, Gas, Iran's Hormuz Chokehold Raises Fertiliser Red Flag For India
US-Israel war on Iran disrupts fertiliser supply to India, threatening imports, particularly urea, and posing food security risks for the country's 147 crore population to add to concerns over energy supply volatility.
-
India Comes To Bangladesh's Rescue Amid Diesel Shortage Fueled By Iran War
Amid improving bilateral relations, India has sent a major consignment of diesel to Bangladesh, which is facing a critical fuel shortfall due to the war in Iran.
-
Bengaluru, Chennai, Mumbai Hotels Flag LPG Cylinder Shortage, Centre Responds
The price of LPG cylinders was also increased last Saturday due to the Iran-Israel war and the disruption it caused in key energy shipping routes in the Middle East.
-
Trump Says Iran War Could Be Over Soon, Then A Threat Over Oil
US President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic.
-
Fuel Prices Up, Salaries Cut: Energy Shock To Pakistan Amid Iran War
Pakistan's PM Shehbaz Sharif on Monday announced a sweeping austerity and energy-saving plan, saying the steps were necessary as the country confronts a global fuel crisis triggered by the ongoing conflict involving the US, Israel and Iran.
-
One Strait, 20 Million Barrels: Could Hormuz Trigger An Oil Shock Bigger Than 1973?
The global oil system has effectively concentrated a fifth of its supply through a single narrow shipping lane with limited redundancy.
-
"Small Price To Pay": Trump Defends Iran War Decision As Oil Soars Over $100
Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions.
-
"Please Mind Your Business": Kamal Haasan Slams Trump Amid "Permission" Row
Hitting out at the US after a top official said Washington, DC, had given India "permission" to buy Russian oil after the Middle East conflict disrupted global supply chains, actor-politician Kamal Haasan has said India does not take orders
