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oil price news

Why oil prices are rising: US-Iran attacks and Hormuz fears explained

Oil prices surged after fresh US-Iran strikes raised Strait of Hormuz supply fears. (Pexel/Representative image)
us news
Updated on Jul 13, 2026 05:01 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)
us news
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)
us news
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.
world news
Published on Jul 03, 2026 05:00 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)
us news
Updated on Jun 24, 2026 08:17 pm IST

Stock market today: S&P 500, Nasdaq rise as tech rebounds ahead of Micron

S&P 500 and Nasdaq futures rise as tech stocks rebound from a sell-off. (Photographer: Erik Flyg/Bloomberg)
us news
Updated on Jun 24, 2026 07:15 pm IST

Oil prices drop over 4%; Nikkei, Kospi surge after US-Iran peace deal reached

At 0045 GMT, US benchmark West Texas Intermediate was down 4.70 percent at $80.89 a barrel and North Sea Brent Crude sunk 4.03 percent to 83.81 percent. (Representative)
world news
Published on Jun 15, 2026 12:05 pm IST

Iran claims sanctions waiver, Pak sends new proposal to US: Latest updates

Iran’s Ultimate Victory: Trump Forced to Surrender Oil Sanctions to Mojtaba After Barakah Attack?
world news
Updated on May 19, 2026 09:43 am IST

Indian markets open lower as fuel price hike dampens investor sentiment

Newly increased fuel prices are displayed at a petrol pump in Malvan.
business
Published on May 15, 2026 10:08 am IST

'Reduce use of foreign products': Modi's appeal after petrol, gold, WFH push

Prime Minister Narendra Modi performs puja at Somnath Temple on the occasion of Somnath Amrut Mahotsav.
india news
Updated on May 12, 2026 08:33 am IST

Oil prices slide as US, Iran close in on deal after 2+ months of flare-up

Photo for representation
world news
Published on May 06, 2026 10:28 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.
world news
Published on Apr 30, 2026 03:30 pm IST

Three Iranian-flagged tankers in Asian waters intercepted by US: Report

The closure of the strait has disrupted about a fifth of global oil and gas supplies.
world news
Published on Apr 23, 2026 08:14 pm IST

'The camel dreams of cottonseed...': Iran mocks Trump's peace deal claims

Trump said prospects for a deal with Iran are looking very good.
world news
Updated on Apr 17, 2026 01:10 pm IST

A coffee shop in Tehran captures relief after ceasefire, Iran shares video

A worker prepares coffee in a café in central Tehran, Iran, Wednesday, April 8, 2026.
world news
Published on Apr 09, 2026 11:39 am IST

Why US crude oil prices are tumbling today - Explained

An oil tanker is docked unloading crude oil at the port in Qingdao, in China's eastern Shandong province
us news
Published on Apr 08, 2026 04:42 am IST

Stock market update: When will Dow, S&P, Wall Street stabilize? Experts weigh in

Stock market numbers are displayed as traders work on the floor of the New York Stock Exchange during morning trading on April 02
us news
Published on Apr 08, 2026 12:23 am IST

Oil may hit $150-$200 if Hormuz closure drags on, supplies choke, says expert

Persian gulf producers are shutting-in millions of barrels of daily supply.
world news
Published on Mar 31, 2026 04:27 pm IST

Vietnam sees petrol prices shoot up overnight by 20% on fears of shortage

Petrol prices in Vietnam rose over 20% due to fears of oil shortages from the Middle East war, with gasoline reaching 30,690 dong per litre and diesel 33,420 dong.
world news
Published on Mar 20, 2026 02:06 pm IST

European gas prices jump 35% after Iran hits top LNG plant in Qatar

File photo of Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid.
world news
Published on Mar 19, 2026 02:26 pm IST

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

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

Stopping Iran's nukes greater than surging oil prices: Trump amid global crisis

On the one hand, Donald Trump has spoken of the war "ending soon", while on the other, he said that the US military is "not finished yet".
world news
Published on Mar 12, 2026 08:08 pm IST

Iran’s sea mines explained: How deadly are they for ships in Strait of Hormuz

A Thai-flagged cargo vessel was attacked near the Strait of Hormuz on Wednesday. (Reuters)
world news
Updated on Mar 12, 2026 07:39 pm IST

US to release 172 million barrels of oil as West Asia war deepens energy crisis

US President Donald Trump has authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week.
us news
Updated on Mar 12, 2026 08:51 am IST

Tehran's oil ‘$200 a barrel’ threat, Mossad base targeted: 10 points on Iran war

Thai cargo ship, Mayuree Naree, that was struck and set ablaze in the Strait of Hormuz Wednesday, March 11, 2026.
world news
Updated on Mar 12, 2026 11:59 am IST

What's happening in India, Pak, B'desh, China as Iran-US war disrupts oil supply

Petrol, diesel and jet fuel are produced from crude oil.
world news
Updated on Mar 10, 2026 05:59 pm IST

Oil prices soar past $100 for first time in 4 yrs as US-Iran conflict escalates

Several Asian stock markets fell sharply on Monday as oil prices climbed by more than 25 per cent.
world news
Updated on Mar 09, 2026 10:31 am IST

Oil prices surge as Middle East conflict shows no sign of easing

Brent jumped 7.5% to $78.34 a barrel.
world news
Published on Mar 02, 2026 06:19 am IST

Venezuela to ‘turn over’ 30-50 million barrels of oil to US: What's the cost?

US President Donald Trump speaks during a news conference at the Mar-a-Lago Club in Palm Beach.
us news
Published on Jan 07, 2026 08:09 am IST

'Money controlled by me': Trump after 30-50 million barrel Venezuela oil deal

US President Donald Trump said he has asked Energy Secretary Chris Wright to execute this plan immediately.
world news
Updated on Jan 08, 2026 11:59 am IST
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