Iran Wars End Leaves Global Energy Markets in a New Equilibrium
The United States and Israel’s military campaign against Iran, which began on 28 February 2026, has officially wound d...
Read story →Tag: Oil
View all →
Kevin Warsh Holds First Fed Press Conference Amid Market and Prediction-Market Expectations
Kevin Warsh, the newly confirmed chair of the Federal Reserve, stepped onto the stage for his first public press confere...
Read story →
Venezuela Shifts to Multipolar Foreign Policy After U.S. Intervention
On 3 January 2026, a U.S. raid in Caracas abruptly altered Venezuela’s political landscape. Operation Absolute Resolve...
Read story →
U.S. and Iran Sign Memorandum to End 106-Day Conflict, Reopen Strait of Hormuz
On Sunday, the United States and the Islamic Republic of Iran announced that they will sign a memorandum of understandin...
Read story →
Strait of Hormuz Reopens, Oil Prices Ease, but Indian Fuel Costs May See Only Modest Relief
The Strait of Hormuz, the narrow channel that links the Persian Gulf to the Gulf of Oman, has reopened after the United ...
Read story →
Rupee Gains as Oil Prices Fall After US-Iran Ceasefire
The Indian rupee surged to 94.4625 per dollar on Monday, its strongest level in seven weeks, as global oil prices slippe...
Read story →
Oil Prices Ease from Wartime Peaks, but Traders Await Formal Agreement on Strait of Hormuz Reopening
Oil prices are sliding back from wartime highs, offering a breath of relief to consumers and businesses. Yet, market exp...
Read story →
UK Seizes Sanctioned Russian Oil Tanker Smyrtos in English Channel
On Sunday, June 14, 2026, a squad of Royal Marine Commandos, supported by the National Crime Agency, the Royal Navy, and...
Read story →
Trump Claims Near-Deal to Reopen Strait of Hormuz Amid Ongoing Oil Crisis
The 104‑mile Strait of Hormuz, the sole maritime corridor linking the Persian Gulf to the Gulf of Oman, has been effec...
Read story →
Indias Fuel Consumption Climbs Amid LPG Shortage and Rising Prices
In May 2026, India’s total fuel consumption edged up to 19.93 million metric tons, a modest rise of 0.46 million tons ...
Read story →