global oil market News

global oil market

Iranian oil shipments are given a 30-day waiver by the US to alleviate the global supply shortage

US Grants 30-Day Waiver for Iranian Oil Shipments to Ease Global Supply Crunch

Ashish kumar

In a strategic move aimed at easing pressure on global oil markets, the United States has issued a temporary...

Iran promises retribution following the bombing of Kharg

Iran Warns US-Affiliated Oil Infrastructure Could Be Reduced to Ashes After Kharg Island Bombing

Thefoxdaily News Desk

Tensions in the Middle East escalated further after iran warned that it could target oil facilities connected to the...

Dr Abbas Araghchi, Minister of Foreign Affairs of the Islamic Republic of Iran and US President Donald Trump

Iran’s Abbas Araghchi Criticizes U.S. Oil Policy, Says Washington Now Urging Countries Including India to Buy Russian Oil

Thefoxdaily News Desk

iran’s Foreign Minister Abbas Araghchi has sharply criticized the United States over what he describes as a contradictory approach...

rupee has dropped

Rupee Hits Record Low Amid Crude Oil Shock: What It Means for India’s Economy

Thefoxdaily News Desk

The Indian Rupee dropped to a new record low on Monday as global financial markets reacted to rising geopolitical...

power

Bangladesh Closes Universities to Cut Energy Use Amid Middle East Conflict

Thefoxdaily News Desk

Bangladesh has announced the temporary closure of all public and private universities across the country beginning Monday in a...

Vessel carrying liquefied natural gas (LNG) cargo from Russia's Yamal LNG project.

Government Says No Immediate Petrol-Diesel Price Hike; India May Consider Buying Russian LNG

Thefoxdaily News Desk

Amid escalating geopolitical tensions in the Middle East, the Indian government has indicated that there are currently no plans...