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March 24, 2026, 05:29 PM - 6 min read
Hamas has been devastated by the Israeli onslaught that followed the October 7 terrorist attacks in southern Israel. This has left the group unable to play a part in the Iran war. Hezbollah, on the other hand, entered the conflict early on. But it finds itself damaged to the point it constitutes a far greater threat to Lebanese stability than it does to Israel. The Houthis, meanwhile, have been conspicuous by their absence.
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March 21, 2026, 12:15 PM - 3 min read
The decline intensified as oil prices, which had dipped early in the day, climbed sharply in the afternoon.
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March 15, 2026, 10:57 AM - 2 min read
Air India will operate only one Delhi-Dubai return flight, while four of the five planned Dubai flights have been cancelled.
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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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March 1, 2026, 02:43 PM - 3 min read
India faces no immediate disruption in oil or LPG supplies despite Strait of Hormuz closure; Russian crude and strategic reserves offer backup if tensions escalate.
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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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November 27, 2024, 05:27 PM - 4 min read
Goldman Sachs has raised its outlook for both gold and oil prices, forecasting significant price increases by 2025. According to the global investment banking giant, gold prices could surge to $3,150 per ounce, marking a substantial 19% rise from current levels.
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September 19, 2024, 05:04 PM - 3 min read
Oil prices remain volatile, fluctuating between USD 70 and USD 75 per barrel. Despite a recent drop in crude prices, fuel rates in India remain frozen. State-owned retailers may adjust prices before Maharashtra elections, but uncertainty over future price trends continues.
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August 5, 2024, 04:31 PM - 2 min read
Apart from strengthening the external balance, a decline in oil prices also leads to lower prices of petrol, diesel and LPG in the domestic market, which in turn eases inflation in the country.
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August 5, 2024, 03:32 PM - 2 min read
India benefits from an eight-month low in oil prices at $75.8 a barrel, reducing its import bill and current account deficit. Strategic purchases of discounted Russian oil have saved India $7.9 billion in FY2022-23, strengthening the Rupee and easing inflation.
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June 5, 2024, 12:57 PM - 2 min read
India is set to benefit from a recent drop in oil prices, which fell over $4 a barrel this week to a four-month low due to OPEC+ increasing production and higher US crude stockpiles.
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May 2, 2024, 01:58 PM - 2 min read
During April this year, India imported more Russian oil but less from Iraq and Saudi Arabia than it did a month earlier, according to data compiled by trade tracking agencies Kpler and LSEG.
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