Global oil prices on Thursday crossed $100 a barrel for the first time since May, after Houthi militants in Yemen claimed to have struck two Saudi tankers in the Red Sea. Patrick De Haan, head of ...
A new asymmetry in the market means fuel prices won't fall quickly even if the shooting in the Iran war and Strait of Hormuz ...
US stocks tumbled on Thursday as disappointing corporate updates and surging oil prices hammered sentiment, with a sell-off in the tech sector weighing heavily on markets.
Two dominant forces balance the global oil market: supply and demand. The Iran war has broken both – one perhaps beyond ...
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Why they put jet engines on a World War II tank
At first glance, it looks like something from a science fiction film: a World War II T-34 tank with two MiG-21 jet engines ...
Escalating shipping attacks in the Red Sea and mounting Middle East tensions are keeping oil markets on edge, even as prices ...
India's crude oil import bill witnessed a sharp 60% surge in the first quarter of FY27, according to a report by the Petroleum Planning and Analysis Cell (PPAC), the think tank operating under the ...
The Iran-backed Houthi rebels in Yemen said they targeted two oil facilities in Saudi Arabia owned by Aramco on Saturday.
India was the second-largest buyer of Russian fossil fuels in June, importing $6.28 billion of hydrocarbons, data from Centre ...
The world has found ways to adapt without crude from the Strait of Hormuz. Experts say that won’t last. When the Strait of Hormuz first closed at the start of the 2026 Iran war, the world braced for ...
The Tehran-backed group warned it would impose an "embargo" on the top oil exporter Saudi Arabia, after the two sides traded ...
Brent can give false comfort. Motorists buy refined fuel, not crude, and their bill includes refinery margins, freight, ...
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