22.1 C
Delhi
Tuesday, March 3, 2026

Tag: oil prices

US Weighs Response to Iran-Backed Attack; Risks of Wider War

After a deadly drone strike in Jordan, the US plans retaliation. We analyze the scenarios—from direct conflict to diplomacy—and the global consequences.

Strait of Hormuz: The World’s Most Critical Oil Chokepoint Explained

Why the narrow Strait of Hormuz is vital for global energy security, handling 20% of world oil, and how tensions there impact prices worldwide.

Oil Prices Fall Again: Relief for India Amid Gaza Ceasefire Hopes

Global oil prices drop to a 3-month low on Gaza truce hopes and demand concerns. Get the latest on Brent, WTI, and what it means for India's economy.

US Says India Cut Russian Oil Imports After Trump Tariff Threat

Treasury Secretary Yellen claims India reduced Russian oil purchases. Explore the data behind the shift and India's energy strategy.

Saudi Arabia Boosts US Investment to $1 Trillion in Trump Meeting

Saudi Crown Prince MBS announces nearly $1 trillion US investment during White House meeting with President Trump, focusing on jobs and technology sectors.

Ukrainian Drone Strikes on Russian Refineries Drive US Fuel Prices Higher

Ukrainian attacks on Russian energy facilities are causing global oil supply shortages, pushing US refining margins to highest levels since 2018 according to Bloomberg analysis.

Putin Envoy: US Oil Sanctions Won’t Significantly Impact Russian Economy

Russia's investment envoy says rising global oil prices will offset US sanctions effect, reveals diplomatic breakthrough in Ukraine war may be close.

Oil Prices Surge 5% as US Sanctions Russian Energy Giants

US sanctions target Rosneft and Lukoil over Ukraine war funding, forcing China and India to find alternative oil suppliers by November deadline.

Oil Prices Jump 2.8% as US Sanctions Russia’s Rosneft and Lukoil

US sanctions on Russia's top oil companies push crude prices higher as Western nations intensify economic pressure over Ukraine war.