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Brent Price

Oil hits three-week high as Hormuz shipping fears grow amid Iran tensions

Oil prices hit a three-week high as Strait of Hormuz shipping fears and supply disruptions raise risks, while traders watch Iran tensions and US oil stocks. (REUTERS/Sodiq Adelakun/File Photo)

Updated 9 minutes ago

Brent is unlikely to stray far above the $100 mark in 2022

This year, the biggest swing factor for oil price is the possibility of a war between Ukraine, supported by the West, and Russia. (Biplov Bhuyan/HT PHOTO)

Updated 1644 days ago

Petrol, diesel prices likely to inch higher as Brent hits $70

Lower oil prices in the past year had helped the government collect higher taxes on fuel amid a slump in tax revenues.

Published 1989 days ago

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