All news stories and reports tagged with #Oil price surge.
For the fourth time in ten days, state-run oil firms raised petrol and diesel prices in the national capital, adding more than Rs 2.60 and Rs 2.70 per litre respectively. The move lifts the retail...
Tensions in West Asia have sent shockwaves through global energy markets, amplifying Pakistan's economic woes. The country is grappling with its worst fuel pricing emergency in 50 years, a...
The shadow of US-Iran hostilities is casting a long pall over Pakistan's economy, triggering a severe fuel crisis and rampant inflation. Global energy markets are in turmoil, with oil and gas costs...
A bold U.S. naval operation in the Gulf of Oman triggered a seismic shift in global energy markets Monday. With Brent crude climbing to $96 per barrel—a 6.3% leap—and WTI hitting $88.3 after a 7%...
Geopolitical flare-ups in the Middle East sent Indian equities tumbling at open on Thursday, erasing Wednesday's robust rally. Iran's claims of US ceasefire violations ignited a fresh oil price...
Indian equities opened lower on Thursday, pressured by renewed Middle East flare-ups that sent oil prices soaring. After a robust rally the prior day, weak international cues—fueled by Iran's claims...
The recent strikes on Gulf energy facilities have ignited a crude oil price rally, poised to deliver substantial profits to upstream oil companies and service providers. Downstream refineries and...
The Indian equity benchmarks witnessed their sharpest single-day drop in months on Thursday, triggered by heightened Middle East tensions pushing crude oil prices higher and ripples from global...
The Bank of Japan has sounded the alarm on inflation as Middle East hostilities drive up global oil prices, threatening to destabilize the country's import-dependent economy. In its monetary policy...
Geopolitical flare-ups have rocked Indian stock markets, with HDFC Bank leading the losses at ₹61,715 crore in market capitalization this week. The catalyst? Surging crude oil prices amid...
Qatar's top energy official has issued a chilling forecast: Middle East warfare persisting just days longer could force Gulf oil giants into force majeure declarations, crippling exports and...
Qatar's top energy official has issued a chilling forecast: Middle East war dragging on for days could force Gulf oil giants into force majeure declarations, crippling exports and rocketing crude to...
The flames of war in the Middle East threaten to ignite a global energy crisis, according to Qatar's top energy official. Minister Saad al-Kaabi cautioned that prolonged fighting could force Gulf...
The Iran-Israel standoff, intertwined with US involvement, has injected chaos into financial markets. Shares tumbled as traders sought refuge in gold, silver, and surging oil. The Hormuz Strait...
The Indian equity markets kicked off Wednesday with a rude jolt, mirroring global jitters over the intensifying US-Israel-Iran standoff in West Asia. Post-Holi holiday, BSE Sensex opened 1,710 points...
The flames of war in the Middle East are licking at the foundations of global energy supply. Qatar's top energy official, Saad Al-Kaabi, dropped a bombshell in a Financial Times interview: Gulf oil...
The flames of war in West Asia have sent shockwaves through energy markets, propelling crude oil prices up over 7% in a single day. Monday's rally was triggered by U.S. and Israeli airstrikes on...
Geopolitical shadows lengthened over Indian equities Monday, as stalled US-Iran talks unleashed a wave of selling pressure. The Sensex plummeted 1,675 points or 2.16% to an intraday trough of...
Pakistan's economy, still nursing wounds from past crises, now confronts a fresh peril from the intensifying Middle East war. The clash between US-Israel forces and Iran has ignited a spike in energy...
Tensions in the Middle East boiled over into energy markets Thursday, as attacks on vital oil and gas facilities propelled crude prices upward by over 4 percent. Brent crude for April delivery traded...
In a heated Senate hearing, US Treasury Secretary Scott Bessent vigorously defended temporary exemptions from Russian oil bans, crediting them with staving off a global energy crisis. The decision...
As global tensions simmer in key shipping lanes like the Strait of Hormuz, Bangladesh grapples with a perfect storm of economic headwinds, exacerbated by stalled IMF talks and uncertain foreign aid....
New Zealand's Prime Minister Christopher Luxon didn't mince words as Iran's blockade of the Strait of Hormuz threatens to upend the nation's fuel supply and economy. With oil prices rocketing due to...
A cascade of flight cancellations in Qatar has left scores of Indian short-term visa holders in limbo, as Middle East conflicts intensify. The Indian Embassy in Qatar has rolled out a targeted...
The flames of war in the Middle East are licking at the foundations of global energy security. Qatar's top energy official, Saad al-Kaabi, has sounded the alarm: Prolonged conflict could force Gulf...
In a high-stakes diplomatic offensive, UN Secretary-General Antonio Guterres held talks with key Gulf leaders on Monday, racing against the specter of war with Iran that could cripple global markets....
In a move that has diplomats reeling, the targeted killing of Ayatollah Ali Khamenei by US and Israeli forces threatens to upend the world economy. Analysts warn that visions of a smooth regime...
Tensions between Iran, the US, and Israel have reached a boiling point, with former diplomat Veena Sikri calling today a 'critically grave' turning point. Speaking exclusively, Sikri dissected the...