Energy Market News
Energy Market
India Cuts Diesel, Petrol and ATF Export Duties from June 1: Impact on Fuel Prices and Refiners
India has announced a reduction in export duties on key petroleum products, including petrol, diesel, and aviation turbine fuel...
Oil Prices Cross $120 Amid Iran Blockade Fears: Global Economy Faces Rising Risk
Global oil markets are on edge. Brent crude has surged past $120 a barrel at one point climbing above...
UAE Exit from OPEC: Will Oil Prices Fall and Boost India’s Energy Advantage?
On 1 May 2026, the United Arab Emirates made a move that stunned global Energy Markets: it exited OPEC...
No Gulf Port Will Be Safe: Iran Warns of Wider Conflict as US Hormuz Blockade Begins
Tehran/Washington: Iran has issued one of its strongest warnings yet, declaring that no port in the persian gulf or...