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March 10, 2026, 09:33 AM - 2 min read
The steep decline came after Trump, speaking late on Monday at his Miami golf course, stated that the United States was “achieving major strides towards completing our military objectives” and that “we are getting very close to achieving all of our objectives soon.”
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March 9, 2026, 09:05 AM - 2 min read
Brent Crude, the global benchmark, jumped more than 20 per cent on Sunday, briefly crossing $111 per barrel as market panic intensified over the critical chokepoint’s blockade.
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March 4, 2026, 01:59 PM - 6 min read
The mere possibility that several million barrels per day could be disrupted is enough to push prices up, even before supply is properly hit. This reflects a broader feature of geopolitical risk: expectations and perceptions can be as economically powerful as material disruptions.
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July 24, 2025, 06:49 PM - 3 min read
While active government intervention has contained spillover to domestic oil prices, policymakers need to remain vigilant and cautious of the direct and indirect impact of evolving global crude price dynamics through continuous assessment, given India’s increasing dependence on crude oil imports.
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June 23, 2025, 10:01 AM - 4 min read
The Indian government has assured citizens of stable fuel supplies as Iran threatens to close the Strait of Hormuz, a key oil route, amid rising tensions following US airstrikes.
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June 19, 2025, 04:18 PM - 4 min read
Escalating tensions in the Middle East have already sent oil prices soaring. Will India’s ‘resilient’ economy be able to withstand the tremors in global markets and disruption in oil supply routes?
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May 30, 2025, 10:08 PM - 3 min read
With ‘ample oil supplies being available’, Oil Minister Hardeep Singh Puri said he isn’t worried about India’s demand surge
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