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Last Updated:June 11, 2026, 10:49 IST India imports around 88 per cent of its crude oil needs, with roughly half of those imports typically linked to supplies moving through Hormuz If oil prices continue to remain of a high, seven everyday items could become more expensive for Indian households. (AI-Generated Image) Iran’s closure of the…
Last Updated:June 10, 2026, 07:38 IST Crude oil nears 90 per barrel as IRGC drone attack on US Navys Fifth Fleet in Bahrain escalates tensions, shattering ceasefire hopes and stoking global energy crisis fears WTI and Brent oil prices surged $89 and $92 per barrel, respectively. Crude oil prices rose near $90 per barrel following…
Petrol and diesel prices in India have gone up again, reviving memories of 2022 when fuel rates were increased almost every day in small amounts over a two-week period. With global crude oil prices staying elevated due to tensions in West Asia and disruptions around the Strait of Hormuz, experts now believe oil marketing companies…
Last Updated:April 07, 2026, 5:44 PM IST Morgan Stanley warns Iran US Israel tensions and higher oil may push Brent above 150, risking India inflation above RBI target, and wider current account gap. Oil at $150? Morgan Stanley Sees Inflation Above 6%, Growth at 6.2% The fresh escalation of Iran-US & Israel tensions has posed…
The current energy shock may feel sudden, but for China, it is anything but unexpected. Long before tensions escalated in the Middle East, Beijing had already begun reworking its energy strategy to withstand exactly this kind of disruption. According to a report by The New York TimesChina steadily built up oil stockpiles, expanded renewable energy…
Last Updated:March 13, 2026, 8:07 pm IST IndiGo cited a sharp rise in fuel prices caused by the ongoing conflict in West Asia for the implementation of an additional fuel charge on flights. IndiGo has introduced an additional fuel surcharge for flights. (Representational Image) IndiGo announced on Friday that it will implement a fuel surcharge…
Last Updated:March 12, 2026, 08:22 IST Crude oil prices surged on March 12 despite the IEA’s release of 400 million barrels. Brent crude hit $100 per barrel, and WTI Crude touched $94. Brent Reclaims $100 Mark As War Concerns Overshadow IEA Strategic Oil Release Crude oil prices continued to see a sharp rise on March…
Israel and America jointly launched several attacks on Iran on Saturday, after which Iran wreaked havoc one after the other in Middle East cities like Dubai, Abu Dhabi, Kuwait and Qatar. Now war has spread throughout the Middle East, neither Iran nor America and Israel are ready to accept. Till now, a total of 10…