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1 ship seized, another sunk: Tensions flare near Hormuz Strait amid US-Iran war

Updated on May 15, 2026 24:35 IST

The Hormuz blockade has also driven oil prices to their highest level since 2022, with Brent crude hitting its highest level since 2022.

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

Photo for representation

Published on May 6, 2026 16:58 IST

In West Asia, making of a post-OPEC order

A cartel has cracked. An order is being rewritten. The capitals doing the rewriting are few, the importers paying for the outcome are many. (AP)

Published on May 3, 2026 17:44 IST

RBI must maintain a calibrated approach

The Reserve Bank of India (RBI)

Published on May 1, 2026 06:49 IST

How two months of war in West Asia hit global markets and the economy

Vehicles drive past a giant billboard reading 'The Strait of Hormuz remains closed' at the Revolution Square in Tehran on April 28,

Updated on May 1, 2026 24:48 IST

Trump tightens squeeze on Iran as oil surges to $119, US strike plans ready

Donald Trump met oil company and trading house executives at the White House on Tuesday.

Published on Apr 30, 2026 01:04 IST

UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group

An Emirati man stands at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on September 21, 2016. The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels on May 1, 2026 state media said on April 28, 2026, calling it a strategic decision by the major producer.

Updated on Apr 28, 2026 12:53 IST

United Arab Emirates says it will leave OPEC effective May 1

Updated on Apr 28, 2026 12:57 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 12:35 IST

Govt pushes E100 fuel, allows ethanol blending in aviation fuel to cut imports

Centre has allowed blending in aviation fuel. (AFP)

Published on Apr 23, 2026 01:52 IST

War impact to last all year? Report claims Hormuz mine clearing to take 6 months

A fifth of world's oil passes through the Strait of Hormuz, a chokepoint seeing disruptions since the Iran-US war began.

Updated on Apr 22, 2026 19:57 IST

‘Totally wrong’: Trump on energy chief's gas price prediction due to US-Iran war

US President Donald Trump and his fellow Republicans are under pressure ahead of November's midterm elections after pledging to lower costs.

Published on Apr 20, 2026 16:53 IST

Iran shuts down Hormuz a day after reopening it amid US conflict. Details

US Iran War LIVE: Donald Trump Warns Tehran Over RE-CLOSING of Strait Of Hormuz | Ceasefire News

Updated on Apr 18, 2026 12:22 IST

Millions will go hungry if the Strait of Hormuz stays closed

Abdul Qayoom spreads fertilizer on his mustard field in Pampore

Published on Apr 17, 2026 01:00 IST

India's oil vulnerability has a two-wheeler answer

Two wheeler

Published on Apr 16, 2026 13:26 IST

$4.15 gas: How much higher will Hormuz blockade push prices?

Oil surge after Hormuz standoff pushes US gas prices higher.

Published on Apr 14, 2026 23:26 IST

Oil jumps above $100 as US moves to blockade Iran; Ghalibaf mocks Americans

Iranian speaker has mocked US after news of America blocking Iran in Hormuz led to jump in oil prices. (AFP)

Published on Apr 13, 2026 06:11 IST

What does car tech have to do with US-Iran war? Answer lies in 1970s dual shock

An old tow truck that was the inspiration for character 'Tow Mater' in the Pixar movie 'Cars'. Such big truck-like vehicles remain a major cultural motif in America.

Updated on Apr 12, 2026 11:34 IST

A rare winner in the war on Iran is China

China is still the region’s biggest oil customer. Trade between China and West Asia, which has tripled in the past two decades, will continue to grow. The region has also become an increasingly important market for Chinese exports. (AFP)

Published on Apr 11, 2026 18:14 IST

15 ships a day, subject to approval: Curbs remain on Hormuz as Iran regulates

Updated on Apr 9, 2026 16:39 IST

Bye, bye to the Trump trades

U.S. President Donald Trump gestures, as he heads back to the Oval Office, on the day of the 2026 White House Easter Egg Roll, in Washington, D.C., U.S., April 6, 2026. REUTERS/Nathan Howard

Updated on Apr 8, 2026 07:05 IST

Iran trolls Trump after US agrees to ceasefire moments before Hormuz deadline

Iran trolls Donald Trump with Lego video.

Updated on Apr 8, 2026 06:04 IST

Oil plunges 14%, stocks jump up to 5.6% as US-Iran ceasefire reopens Hormuz

Oil prices surged after Israeli strikes hit Iranian facilities at a major Gulf gas field on March 18, 2026, prompting Tehran to call for retaliatory strikes on energy infrastructure.

Published on Apr 8, 2026 03:27 IST

Saudi Arabia’s Grand Vision Slams Into Financial Reality—and the Iran War

Over the past year, the world’s largest oil exporter began pulling back on many of its promised projects and investments, met with budget shortfalls and unrealistic designs.

Updated on Apr 6, 2026 04:29 IST

US, Iran in talks for 45-day ceasefire? Here's what report suggests

Updated on Apr 6, 2026 06:46 IST

Trump extends Iran deadline: What to expect if Tehran doesn't oblige?

US President Donald Trump arrives from the Blue Room to speak about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington.

Updated on Apr 6, 2026 03:42 IST

Iran strikes across Mideast as US, Israel hit Tehran; war intensifies into fifth

Israeli security forces and rescue teams inspect a site struck by an Iranian missile in Petah Tikva, Israel,Thursday, April 2, 2026.

Published on Apr 3, 2026 08:59 IST

Gold drops 2.8%, futures down 3.4% after Trump signals prolonged Iran campaign

Spot gold fell more than 2.8% to $4,622.59 per ounce as of 0719 GMT, after declining over 4% earlier and snapping a four-day winning streak.

Published on Apr 2, 2026 10:06 IST

‘Genius masterstroke’? Saudi's East-West Pipeline answer to Hormuz chokehold

While previous plans of building pipelines across the region have been repeatedly stalled, Maisoon Kafafy, a senior adviser to the Atlantic Council’s Middle East programmes, noted a change in mood to ‘operational reality.’

Updated on Apr 2, 2026 08:26 IST

Iran, Hormuz or ceasefire: What to expect from Trump's address amid war

Updated on Apr 2, 2026 24:26 IST

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