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July 21, 2025, 04:54 PM - 3 min read
India’s petroleum product exports worth $15 billion to the European Union could be at risk as Brussels tightens sanctions on Russian crude refined in third countries, according to a report by economic think tank Global Trade Research Initiative (GTRI).
Read moreJune 22, 2025, 07:46 PM - 3 min read
Iran's parliament has voted to shut the strategically critical Strait of Hormuz in response to recent United States military attacks on its nuclear facilities, state television Press TV said on Sunday.
Read moreMarch 8, 2025, 04:16 PM - 6 min read
Oil prices witnessed significant volatility this past week as Brent crude posted its biggest weekly loss in four months, while US West Texas Intermediate (WTI) recorded a sharp 4 pc decline.
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