Amidst US-Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure.

Oil futures may surge as traders brace for Iran’s response to U.S. strikes; Brent could hit $130 if supply disruptions ...

The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has hinted at imminent ...

Moreover US has not for the first time carried out attack on other countries as it had attacked Iraq in the past and now Iran ...

US strikes on Iran’s nuclear sites spark fears of oil at $130/barrel, inflation surge, and global economic fallout if Tehran retaliates strongly.

Indian rupee closed at 86.60 a dollar, down 0.2 percent from its Thursday's close of 86.73 a dollar. So far in June, the ...

Oil Marketing Companies are obligated to maintain 20-day oil reserves under their licensing terms. Ogra has previously issued ...

The World Bank, the Organization for Economic Cooperation and Development and the International Monetary Fund have all ...

The rupee and government securities (G-Secs) markets on Monday are expected to feel the ripple impact of the US strikes on Iran amidst the ongoing war between Israel and Iran.

As Israel continues its assaults on Gaza and Iran, Istanbul is once again hosting a crucial diplomatic event. Under the theme ...

The benchmark indices, the Nifty and the Sensex, ended near the week’s high at 25,112.40 and 82,408.17, gaining 394 points ...

The US is a net exporter of oil. But higher crude prices would only add to the challenges the US economy is already facing. The Fed updated economic projections last week, marking down its forecast ...