Tag: Oil and Gas
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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Trump: U.S. should be reimbursed for guarding Strait of Hormuz
The Strait of Hormuz is a major oil-shipping route and the epicenter of the U.S. and Israel’s ongoing war with Iran.
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India’s inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
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Oil prices rise as U.S. and Iran fight for control of Strait of Hormuz
The U.S. and Iran disputed whether Hormuz was open to ship traffic after trading strikes over the weekend.
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Trump threatens to ‘decimate’ Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier
Trump says 1,000 missiles are “locked and loaded” and will hit Iran if it carries out its threats to assassinate the U.S. president.
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Ukraine escalates attacks on tankers near Crimea as Russian fuel shortages bite
The drone strikes form part of Ukraine’s campaign designed to choke off supplies and transportation routes in and out of Crimea.
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World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
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Oil extends gains as Iran-U.S. tensions raise concerns over supply disruptions
Oil rises Thursday, amid worries over supply disruptions in the Middle East following fresh strikes on Iran by the U.S. military.
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Inside India newsletter: India’s $50 billion worth of IPOs at risk as Trump ends Iran ceasefire
After a slow start this year, IPOs worth $50 billion were ready to hit Indian markets. These plans are at risk after the U.S. ended the ceasefire with Iran.
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