India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

A prolonged disruption could destabilise economies, particularly in the GCC and energy-importing nations, by driving up costs ...

Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...

Israel conflict. However, state-run companies such as HPCL, BPCL and IOC are expected to absorb the hike, shielding consumers ...

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

Oil prices edged down on Monday, after surging 7 per cent on Friday, as renewed military strikes by Israel and Iran over the ...

Iran's Parliament National Security said on Saturday that Tehran is considering shutting the Hormuz Strait in response to ...

The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...