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Searched Tag: crude oil price surged

Oil stays above $112 as Iran war escalates with Houthi entry, driving global energy costs higher and rattling markets amid uncertainty over peace prospects.

Crude oil prices remain above $112 for second consecutive day

March 29, 2026, 11:03 AM - 2 min read

Trump’s contradictory tone regarding the Iran war has also affected global markets, including gold and silver prices.

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Crude oil jumps above $100 amid Iran war tensions and Hormuz disruptions, raising supply concerns and potential fuel price hikes in India.

Crude oil prices surge back above $100 per barrel

March 26, 2026, 11:56 AM - 2 min read

The Indian energy sector is facing shortages; however, the Ministry of External Affairs rejected claims suggesting that an Indian-origin oil tanker had paid Iran in Chinese currency to be allowed to pass through the global choke point.

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