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Vessels at the Strait of Hormuz, as seen from Musandam, Oman. File | Photo Credit: Reuter Oil prices tumbled to a more than three-month low on Monday (June 15, 2026) as Iran and the United States agreed on a peace deal – potentially putting an end to the more than hundred-day conflict in the West…
Image used for representational purposes. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty surged in early trade on Monday (June 15, 2026), mirroring a rally in global equities and a sharp decline in crude oil prices, after the U.S. and Iran finalised a deal to end their 107-day war. The 30-share…
U.S. President Donald Trump sent a peace plan to Iran as he voiced optimism Tuesday (March 24, 2026) at ending nearly a month of warfare, with Tehran announcing that it will let “non-hostile” oil vessels go through the crucial Strait of Hormuz. The tentative signs of a diplomatic solution came despite new violence, with an…
U.S. President Donald Trump has sent a peace plan to Iran; Tehran announced that it will let “non-hostile” oil vessels go through the Strait of Hormuz Source link
France’s President Emmanuel Macron delivers a speech during a joint press conference with Ukraine’s President Volodymyr Zelenskyy in Paris on March 13, 2026. | Photo Credit: Reuters French President Emmanuel Macron on Friday (March 13, 2026) said Russia was “mistaken” if it thought the West Asia war would ease pressure on it after Washington partially…
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France’s President Emmanuel Macron | Photo Credit: via Reuters French President Emmanuel Macron will convene a call with leaders of the Group of Seven on Wednesday (March 11, 2026) to discuss the Iran crisis and rising energy prices, the French president’s office said. The talks come as G7 governments weigh how to respond to a…
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Image used for representational purposes. File | Photo Credit: Reuters Oil prices rose sharply on Monday (March 2, 2026) as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain. Traders were betting the supply of oil from Iran…
Image used for representational purposes. File | Photo Credit: Reuters Oil prices plunged on Thursday (January 15, 2026) after fears over instability in Iran were eased by comments from U.S. President Donald Trump. West Texas Intermediate dropped 3.0% to $60.16 per barrel while Brent crude was down 2.93% to $64.57, after Mr. Trump said he…
Read More “Oil prices drop 3% after Trump comments on Iran” »
The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per day from the present 1.65 mb/d. Representational file image. | Photo Credit: Reuters Oil prices rose approximately 2% after Israeli military carried out a “precise…
Read More “Oil prices up almost 2% amid Israeli attacks on Qatar” »