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brent crude

Oil prices surge for fourth day as attacks escalate in Strait of Hormuz

US President Donald Trump pledged to intensify the bombardment of Iran until Tehran stops attacking ships in the strait and agrees to open the energy chokepoint.
Published on Jul 16, 2026 08:45 am IST

US is the world's top oil producer. So why are gas prices still high? Explained

The US is the world's top oil producer and consumer. (Pexel/Representative image)
Published on Jul 14, 2026 04:26 pm IST

Why oil prices are surging explained: US-Iran tensions spark global supply fears

Oil prices surge after fresh US-Iran tensions (Pexel/Representative image)
Updated on Jul 08, 2026 07:37 pm IST

Why US gasoline may not return to $3 anytime soon, explained

US gasoline prices are falling after the Iran peace deal, but $3 gas may not return soon. (Pexel/Representative images)
Published on Jul 04, 2026 12:27 am IST

We woz wrong about oil

PREMIUM
FILE PHOTO: Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.
Published on Jul 03, 2026 05:00 pm IST