Washington, April 8: Oil prices have seen a significant drop after U.S. President Donald Trump announced a two-week halt on proposed military strikes against Iran, easing fears of a major conflict in the energy-rich Gulf region. U.S. crude oil futures fell below $100 per barrel, reversing recent gains that had been driven by escalating tensions … Read more
Washington, April 6: Rising tensions between Iran and the Hormuz Strait are putting pressure on global energy markets and supply chains. Oil prices have surged, raising concerns about disruptions in one of the world’s most critical shipping routes. According to CNN, oil prices spiked on Sunday following President Donald Trump’s threat to attack Iranian energy … Read more
New Delhi, March 23: Global oil prices saw a significant drop on Monday, with Brent crude prices falling by more than 13% after U.S. President Donald Trump announced a temporary halt to military strikes against Iran and described recent talks between the two nations as “positive.” Brent crude futures fell nearly $17, or about 15%, … Read more
New Delhi, March 9: G7 finance ministers will convene on Monday to discuss the coordinated release of emergency petroleum reserves in response to rising oil prices following conflicts in the Gulf region, according to a report. The report indicates that the finance ministers are expected to engage in urgent discussions during the meeting, which will … Read more
New York, March 03, 2026 (Udaipur Kiran) — Global oil prices rose sharply on Tuesday, settling nearly 5 percent higher and reaching their highest level since January 2025 as tensions in the Middle East intensified and disrupted energy shipments. According to a Reuters report, Brent crude futures climbed $3.66, or 4.7 percent, to settle at … Read more
Moscow, October 23 (Udaipur Kiran): Russian President Vladimir Putin on Thursday said that the latest economic sanctions imposed by the United States are merely an attempt to pressure Moscow, but they will not have any significant impact on Russia’s economy. According to the Russian state news agency RIA Novosti, Putin made it clear that Moscow … Read more
