Daily Latest News
Iraq’s government oil company is giving a discount of up to $ 33.40 per barrel on its ‘Basra Medium’ crude. Currently its price is around $120 per barrel. According to Bloomberg report, this discount is for those buyers who want to load oil in May. However, to get this cheap oil, tankers will have to…
Last Updated:April 05, 2026, 8:01 PM IST Trump says there is a good chance of a deal with Iran on reopening the Strait of Hormuz, warns that without a fast agreement he may order heavy bombing and seize oil. US President Donald Trump . (AFP File photo) US President Donald Trump on Sunday said that…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…