Tag: Oil and Gas
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Oil jumps as U.S. ‘powerful strikes’ against Iran risk unraveling fragile Mideast truce
Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
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Ukrainian drones hit Russia’s largest oil refinery as Zelenskyy says Siberia now ‘within reach’
The attack underscores Kyiv’s enhanced long-range drone capabilities and comes on the eve of a crucial NATO summit.
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Oil prices rise after report of Iranian attack on commercial ships in Strait of Hormuz
Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.
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Why oil investors fear the next toll fight could be the Strait of Malacca
The prospect of fees to transit the Strait of Hormuz has sparked alarm, not least by investors who fear it could be replicated in other maritime corridors.
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Trump’s calls, Ukraine’s strikes and Russia’s barrage on Kyiv put markets on alert
Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyiv.
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Why Iran may find it difficult to clear its oil inventories even after sanctions relief
Iran may face challenges in clearing oil inventories even after restrictions have been lifted, amid oil supplies elsewhere while China becomes less enthusiastic
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Cargo vessel in Red Sea reports coming under attack, UK maritime body says
The incident was reported in one of the world’s most crucial trade transit routes amid a fragile ceasefire between Iran and the U.S.
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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
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Oil prices fall after U.S.-Iran talks conclude in Doha
Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.
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Inside India newsletter: Amazon, Walmart-owned Flipkart get ready to shake up India’s delivery-in-minutes sector
Amazon and Walmart-owned Flipkart are scrambling to expand quick commerce operations in India, not just to chase growth but to remain relevant to consumers.
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