Trump backs India-Middle East Corridor to counter Iran’s grip on oil routes
US President Donald Trump has voiced support for the India-Middle East Economic Corridor (IMEC), calling it a way…
Oil Prices Up As U.S. Cancels Iran’s Sales License, Launches Strikes
Tugboats push the Djibouti-flagged crude oil tanker Glory Forever, carrying oil imported from the UAE, to the pier…
Oil Prices End The Week Lower On U.S.-Iran Diplomatic Moves
(Photo: David McNew) Getty Images Oil prices were in retreat on Friday after having risen for three straight…
Oil Prices Fall As U.S. Iran Talks Ease Supply Fears
Storage tanks at an oil refinery in Yokohama, Kanagawa prefecture, Japan. (Photo: Yuichi Yamazaki) AFP via Getty Images…
Iran Charges Ships $2 Million Toll To Pass Strait Of Hormuz
Tehran: Iran has decided to charge some vessels $2 million (approximately Rs18.8 crore) to pass through the Strait…
Oil Slumps By Over 2% On U.S. Trade Threats, Demand Concerns
A pipeline carries crude oil at Big Hill near Beaumont, Texas, U.S. (Photo: Joe Raedle/Newsmakers) Getty Images Global…