global oil markets News
global oil markets
Iran Reports Navigation System Destruction in Strait of Hormuz
Iran reports destroyed navigation systems in the southern Strait of Hormuz, raising concerns over shipping safety, maritime tensions and global energy supplies.
US Strikes Iran’s Qeshm Island Amid Rising Tensions
US forces carried out limited defensive strikes on Iran’s Qeshm Island after alleged Iranian fire at a US aircraft, as negotiations continue.
US Oil Refineries Target Higher Output Amid Supply Crunch
US oil companies aim to boost refinery output and restart closed facilities as disruptions in Russia and Iran tighten global fuel supplies and markets.
BPCL Russian Crude Oil Purchases May Fall in November
BPCL expects Russian crude purchases to fall in November as freight costs rise and West Asian oil becomes more commercially attractive for Indian refiners.
US-Iran Peace Deal Explained: Why the Proposed $300 Billion Reconstruction Package Could Determine the Future of Middle East Stability
The proposed US-Iran peace deal has generated headlines for promises of de-escalation, Sanctions Relief, and the reopening of critical...
US-Iran Nuclear Deal 2026: How Iran’s Nuclear Programme Could Change Under the Islamabad MoU
The proposed US-Iran peace agreement, reportedly brokered through intensive diplomatic efforts involving Pakistan, could become one of the most...
How 24 Hours Unravelled 60 Days of Uneasy Peace Between Iran and Israel
For nearly 60 days, the Middle East experienced an uneasy calm after one of the most dangerous confrontations in...
Iran Halts Attacks on Israel but Warns of Stronger Response Over Future Lebanon Strikes
The Middle East witnessed another dramatic turn after Iran declared that it was halting its latest military operations against...
Iran Peace Deal Nears Final Approval as Supreme Leader Decision Becomes Critical
The possibility of a new peace agreement between the United States and Iran is no longer a distant diplomatic...
‘No Trust in America’: Iran FM Abbas Araghchi Warns Over Strait of Hormuz During India Visit
Iranian Foreign Minister Abbas Araghchi on Friday delivered one of Tehran’s clearest signals yet that relations with the United...
Trump and Xi Agree Strait of Hormuz Must Stay Open Amid Iran Nuclear Concerns
US President Donald Trump and Chinese President Xi Jinping found an unusual area of agreement during their high-stakes summit...
Iran Rejects Trump Claims, Threatens Hormuz Control: Rising Global Oil and Geopolitical Risks
A fresh war of words between Iran and former US President Donald Trump has intensified an already volatile geopolitical...
US Removing Sanctions on Russian Oil Sparks Concern in Europe, Says German Envoy
European diplomats have expressed growing concern that the escalating geopolitical tensions in the Middle East involving the United States,...
Trump Warns of Seizing Strait of Hormuz, Tells Iran Not to ‘Try Anything Cutesy’
Amid rising tensions in the Middle East, former U.S. President Donald Trump has warned Iran that any attempt to...