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brent crude news

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

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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

U.S. Stock Futures Higher as U.S.-Iran Return to Peace Talks

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U.S. equities were supported by easing Middle East tensions.
Published on Jun 29, 2026 05:00 pm IST

US oil prices today: WTI crude falls to $69, fueling hopes for lower gas prices

US oil prices fell 3% as hopes of a US-Iran deal (Pexel/Repersentative image)
Updated on Jun 26, 2026 08:18 pm IST

Oil prices today: Donald Trump calls for DOJ probe as Brent crude falls to $73

Brent crude falls to $73 as Trump orders a DOJ probe into oil companies over gasoline prices and alleged price gouging.(Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
Updated on Jun 24, 2026 08:17 pm IST

Crude oil prices drop 4.7% after US-Iran deal; here's what experts say

Crude oil prices fell after the US-Iran peace deal. (Pexel/Representative image)
Updated on Jun 15, 2026 06:03 pm IST

US extends sanctions waiver on Russian seaborne oil: What it means for India

Trump’s Second U-Turn In 24 Hours? US Extends Russian Oil Waiver After Letting It Lapse |Iran,Hormuz
Updated on May 19, 2026 01:23 pm IST

Inside India’s strategic oil reserves, and how Hormuz affects the math

Focus on India’s strategic oil reserves amid prolonged Iran conflict and choked Strait of Hormuz
Updated on May 18, 2026 08:42 pm IST

Indian shares log weekly losses hurt by oil surge, IT decline

ONGC gained 7.2%, after the government cut royalties on crude oil and gas production.
Updated on May 15, 2026 04:30 pm IST

Oil holds steady after Trump-Xi meeting signals hope for US-China cooperation

US President Donald Trump (left) with China's Xi Jinping in Beijing on Thursday.
Published on May 14, 2026 04:52 pm IST

Not all oil giants are prospering from the Iran war

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In volatile markets, traders can make huge profits exploiting price discrepancies.
Updated on May 07, 2026 05:39 pm IST

Brent crude hits 4-year high at $120+, what's causing the surge in oil prices?

Along with Brent crude, US West Texas Intermediate futures rose to $108.34 a barrel, the highest since April 7.
Published on Apr 30, 2026 03:30 pm IST

US bragging about 'cards': Ghalibaf shares new formula amid Hormuz blockade

In this new formula, the Iranian leader has a warning for American consumers about the consequences of the ongoing war waged by the US and Israel, with a reference to upcoming “summer vacations.”
Updated on Apr 27, 2026 06:05 pm IST

Why US stock market is down today. Analyst gives ‘world in limbo’ warning

Investors monitor stock market prices in Kuala Lumpur August 9, 2006
Published on Apr 24, 2026 12:08 am IST

After US-Iran ceasefire, crypto's next move hinges on oil, dollar, and ETF flows

A bitcoin light is displayed at the 'Bitcoin Treasuries Unconference' cryptocurrency event, in New York City.
Published on Apr 09, 2026 02:27 pm IST

Oil Gains as Iran War Escalates With Houthi Attacks on Israel

The conflict has put global oil and gas supplies at risk, led to shortages of fertilisers, and affected air travel.
Updated on Mar 30, 2026 12:28 pm IST

Macquarie Group warns of ‘$200 oil’ if the US-Iran war drags on till June

Brent was last near $108 a barrel on Friday, after touching a crisis-high of $119.50 earlier this month.
Updated on Mar 27, 2026 01:33 pm IST

India buys 60 million barrels of Russian oil for April delivery: Report

In addition to buying more Russian oil, Indian processors are also looking elsewhere to diversify their supply as the war drags on.
Published on Mar 25, 2026 12:19 pm IST

The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World

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People queue to refuel at a petrol station in Hyderabad on March 25, 2026. Oil prices tumbled and stocks rose on March 25 on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile" oil vessels through the crucial Strait of Hormuz. (Photo by NOAH SEELAM / AFP)
Updated on Mar 25, 2026 11:47 am IST

PM Modi reviews power readiness in high-level meet as West Asia conflict rages

PM Narendra Modi chairs a high-level meeting to review the evolving West Asia situation.
Updated on Mar 23, 2026 02:59 pm IST

Brent crude soars more than 5% after fresh escalation in Middle East

Photo for representation
Published on Mar 19, 2026 08:33 am IST

Japan to release oil reserves starting March 16 amid Strait of Hormuz chokehold

The Iran war has sparked concerns over oil and gas supp;ies due to the blockade of Strait of Hormuz
Updated on Mar 11, 2026 05:48 pm IST

4-day work week, schools closure: Pak scrambles to save oil after prices surge

Pakistan PM Shehbaz Sharif on Monday reportedly announced several oil-saving measures to deal with the ongoing worldwide fuel crisis, triggered by the US-Iran war.
Published on Mar 10, 2026 10:24 am IST

Sensex, Nifty today: BSE, NSE bounce back day after bloodbath; INR also recovers

Smoke rises following a strike on the Bapco Oil Refinery, amid the US-Israeli conflict with Iran, on Sitra Island Bahrain, March 9
Updated on Mar 10, 2026 12:00 pm IST

Stock markets shudder worldwide after oil prices spike to nearly $120 per barrel

Stock markets worldwide experienced declines Monday amid fears of rising oil prices, which hit near $120 per barrel.
Updated on Mar 09, 2026 07:32 pm IST

War in Iran could cause the biggest oil shock in years

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An oil tanker is pictured offshore in Dubai on 1 March 2026, as an escalating Iran war threatens production of crude oil in the Middle East.
Updated on Mar 02, 2026 02:47 pm IST

Oil prices rise as Iran conducts naval drills ahead of fresh US talks

Oil has rallied more than 10% this year as escalating tensions with Iran — and potential supply disruptions in a region that pumps about a third of the world’s crude — outshone concerns over a global glut.
Updated on Feb 17, 2026 02:00 am IST