energy markets

Washington, March 23 – President Donald Trump said on Monday that negotiations with Iran could lead to long-term stability in the Middle East, a region vital to global energy supplies and home to millions of expatriates.Speaking to reporters during a tarmac exchange in Miami, Florida, Trump...

Washington, March 22 – US Transportation Secretary Sean Duffy has warned that the ongoing conflict with Iran is driving up fuel and travel costs, saying that the rising cost burden is now affecting American consumers even as supply chains remain stable.In an interview on ABC News’ This Week...

New Delhi, March 22 Indian companies are facing disruptions ranging from shipment delays to shortages of key raw materials due to the ongoing West Asia conflict, the Confederation of Indian Industry (CII) said on Sunday, highlighting growing stress across sectors dependent on global trade flows...

Moscow, March 22 – The United States is pursuing a policy of dominance in global energy markets, Russian Foreign Minister Sergei Lavrov said in an interview with Russian media."They (the United States) only care about their own well-being. They are willing to defend this prosperity by any...

Washington, March 21. Pakistan appears to be adopting a strategy of carefully distancing itself from the Middle East conflict, while signaling concerns about regional instability and carefully avoiding commitments that could lead to direct confrontation with Iran.According to a report in the...

Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...

New York, March 20 – The rift between US President Donald Trump and NATO deepened on Friday as he called members of the alliance “cowards” and warned that he would “remember” their refusal to help open the Strait of Hormuz.“Without the USA, NATO IS A PAPER TIGER,” he wrote on Truth Social.He...

Washington, March 20 – Rising costs of the Iran war and its impact on global markets are deepening divisions in Congress, with Republicans and Democrats questioning the scale and purpose of a proposed funding request that could exceed $200 billion, according to multiple US media reports.The...

Washington, March 20 – The United States is urging Europe to take greater responsibility for its own defense, even as it maintains a strong military presence on the continent. This shift has direct implications for India, as Washington focuses more on China and the Indo-Pacific.At a hearing of...

Washington, March 19 – Japanese Prime Minister Sanae Takaichi told President Donald Trump on Thursday that she believed he alone could deliver peace in a world facing a severe security crisis, as the two leaders met at the White House against the backdrop of tensions in the Middle East and...

New Delhi, March 19 – India's 2026 BRICS presidency is expected to test New Delhi's diplomacy even more than its highly successful presidency of the G20, as BRICS members – including Iran, the UAE, and Saudi Arabia – navigate divergent positions amid the escalating conflict in the Middle East...

London, March 16 Prime Minister Keir Starmer said on Monday that he would not allow the UK to be drawn into a "wider war" in the Middle East, asserting that he is working with European allies to develop a "viable plan" to reopen the Strait of Hormuz.Addressing a press conference at 10 Downing...

Washington, March 16 – US fighter jets have targeted military positions near the Chabahar Free Trade Zone, according to reports.The sounds of explosions were heard in the area behind the Chabahar Free Trade Zone, Al Jazeera reported, citing Voice of America’s Persian-language service.The...

Washington, March 14 Amid rising tensions with Iran and concerns over the safety of maritime traffic, US President Donald Trump said on Saturday that multiple countries could join the United States in deploying warships to the Strait of Hormuz, a vital global shipping route.In a statement...

Mumbai, March 14 Sebi Chairman Tuhin Kanta Pandey urged investors, especially retail investors, to remain patient, calling it the "best strategy" in uncertain times.Speaking amidst market pressures caused by the Middle East conflict, Pandey said that past episodes of market turbulence, such as...

March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...

Tehran, March 14 – Iran accused the United States on Saturday of applying double standards regarding Russian oil, stating that Washington was now "begging" countries to purchase the same crude it had previously tried to block through pressure and sanctions.In a post on X, Iran's Foreign...

Washington, March 14 – US President Donald Trump said military operations against Iran were “going very well” and claimed American forces had delivered “very big hits” as the conflict intensified across the Middle East.Speaking briefly to reporters at Joint Base Andrews on Friday, Trump...

Washington, March 13 – The Pentagon stated on Friday that Iran, not the United States or its allies, was responsible for disruptions to commercial shipping in the Strait of Hormuz, one of the world’s most critical energy corridors.At a Pentagon news conference, U.S. Defense Secretary Pete...

Seoul, March 13 – South Korea's Industry Minister Kim Jung-kwan said on Friday that the government's fuel price cap system is already showing signs of stabilizing prices less than a day after it came into effect.Kim held a meeting with officials from South Korean oil refineries, gas stations...