Oil prices may be falling for the wrong reason—‘demand destruction,’ IEA warns
Oil prices are beginning to fall from their March peak, but policy experts warn sinking energy costs don’t…
Middle East war damage to energy assets may cost up to $58 billion, research firm Rystad says
The Middle East conflict could saddle the region with as much as $58 billion in repair costs for…
Iran war drags India’s goods exports 7% lower in March — more pain ahead
The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid…
U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
U.S. Vice President JD Vance, right, speaks during a news conference after meeting with representatives from Pakistan and…
U.S. declares blockade ‘fully implemented,’ cutting off Iran’s seaborne trade ‘completely’
ANKARA, TURKIYE – APRIL 14: An infographic titled “US warships around the Strait of Hormuz” created in Ankara,…
Possible U.S.-Iran talks revive hopes of easing Hormuz tensions
An aerial view of the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California,…
IMF cuts global growth forecast during Hormuz blockade | International Monetary Fund News
The International Monetary Fund (IMF) has lowered its global economic growth forecast as tensions between the United States…
Global oil demand to plunge amid disruptions caused by war on Iran: IEA | Oil and Gas News
The IEA’s oil ‘demand destruction’ report comes after its chief said unnamed countries are hoarding stocks. Published On…
WTI, Brent as markets weigh Hormuz blockade against diplomacy
An aerial view shows the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California,…
U.S. begins blockade of Strait of Hormuz
A smartphone displays the MarineTraffic app showing numerous ship beacons near the Strait of Hormuz with a satellite…
Why oil shock could cool inflation amid consumer cutbacks
Oil prices spiked once again on Monday morning, rebounding above $100 a barrel after Middle East peace talks…
Mumbai’s historic dock quietens as fuel crisis chokes fishing trade | Oil and Gas News
Published On 8 Apr 20268 Apr 2026 Since its construction in 1875, Mumbai’s Sassoon Dock has evolved from…