Energy markets reacted nervously to the developments, with fears that a prolonged disruption in the waterway could tighten ...
Brent crude jumped above $87, while WTI crude hit $87.04, rising over 4% in a single session. The sharp rise in oil prices today is linked to tensions near the Strait of Hormuz. Nearly 20% of global ...
UNCTAD says tensions in West Asia and a sharp drop in ship traffic through the Strait of Hormuz could disrupt energy supplies, increase transport costs and push up food prices worldwide ...
Gulf states depend on food imported via the strait – and shipping surcharges could raise the cost of consumer goods around the world.
A worker sits over LPG cylinders during distribution at a gas agency, in Chikkamagaluru, Karnataka, Wednesday. (PTI) The disruption is most visible in the supply of liquefied petroleum gas (LPG), the ...
Did our AI summary help? Whenever there is a conflict in the Middle East, energy markets react almostimmediately. That is exactly what happened after the latest escalation involving the United States ...
Air travellers may have to brace for fare hikes of up to ₹20,000 on Gulf routes as insurers slap steep war-risk premiums on airlines, forcing carriers to pay extra for cover against risks such as ...
If Brent crude sustains above the $90 per barrel mark, the implications for India could extend well beyond higher fuel prices ...
See how rising tensions in Iran could push up oil prices, increase inflation and influence your investments, interest rates ...
The Iran-Israel-US confrontation remains fluid. Whether the crisis escalates, stabilises or moves toward diplomacy will determine its impact on global energy markets.
Talks focus on conflict in West Asia, rising oil and gas prices, and strengthening India’s strategic cooperation with Germany and South Korea ...
The Iranian regime has announced the closure of the strait of Hormuz and threatened to target ships attempting to transit the ...