energy prices

New Delhi, March 26 The Organisation for Economic Cooperation and Development (OECD) projected India's GDP to grow at 7.6 per cent in the current fiscal and 6.1 per cent in 2026-27.In its interim Economic Outlook report, the OECD said that the evolving conflict in the Middle East has "human...

Los Angeles, March 25 Diesel prices in the US state of California have reached a record high, according to the latest data from the American Automobile Association (AAA).The average price of diesel in California reached $7.018 per gallon on Tuesday, the highest level recorded in AAA's...

New Delhi, March 25 S&P Global Ratings on Wednesday raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment, and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy...

Washington, March 25 – Oil markets experienced sharp swings as investors weighed the fears of a prolonged conflict in the Middle East against signs of possible diplomatic progress, with prices briefly topping $100 before retreating.Wall Street struggled for direction. Crude oil prices rose...

Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...

Melbourne, March 24 – As Australia sits at the far end of the regional fuel supply chain, it may face a "fuel supply crunch" in the coming weeks, according to local media reports, citing the conflict in the Middle East that has driven up international energy prices and exposed Australia's heavy...

March 23, New Delhi: Markets across Asia plunged on Monday following trade threats between the US and Iran.Stock markets in Australia and New Zealand were down 1.7% and 1.1%, respectively, in early trading. Japan's Nikkei fell 3.5% to 51,514.78, while the broader Topix dropped 2.86% to...

March 21, New Delhi – The Trump administration has temporarily lifted sanctions on Iran's oil exports for products already loaded onto vessels and stranded at sea since March 20th.This limited, short-term authorization issued by the Treasury Department via a general license is in effect until...

Srinagar, March 21 Jammu and Kashmir Chief Minister Omar Abdullah said on Saturday that the "illegal" war imposed by the United States and Israel on the world should end as soon as possible."Today, I only prayed for an end to this illegal war that has been imposed on us by the United States...

New Delhi, March 19 The global trade growth is expected to slow down to 1.9 per cent this year amid the West Asia crisis, the WTO said on Wednesday.WTO economists warn that the ongoing conflict in West Asia could further reduce trade growth if energy prices remain elevated, it said.It would...

New Delhi, March 19 As fresh attacks on West Asian gas hubs triggered global concerns, India on Thursday said the attacks are "unacceptable and need to cease" even as Prime Minister Narendra Modi reached out to top leaders of Oman, Jordan, France and Malaysia, emphasizing the urgency to restore...

New Delhi, March 19 As fresh attacks on West Asian gas hubs triggered global concerns, India on Thursday said the attacks are "unacceptable and need to cease" even as Prime Minister Narendra Modi reached out to top leaders of Oman, France, and Malaysia, emphasizing the urgency to restore peace...

Washington, March 19 – US Vice President J.D. Vance used a speech in the industrial state of Michigan to defend President Donald Trump’s economic agenda, arguing that tax cuts, deregulation, and a tougher trade posture were helping to revive manufacturing, while also acknowledging short-term...

New Delhi, March 16 Gold prices began the week on a negative note, declining by ₹2,225 to ₹1.56 lakh per 10 grams in the futures trade on Monday, amid bearish sentiment in overseas markets and a strong US dollar.On the Multi Commodity Exchange, gold futures for April delivery depreciated by...

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...

Washington, March 14. Senior US Senate Democrats have sharply criticised the Trump administration's decision to pause sanctions on Russian oil, warning that the move could enrich Moscow while doing little to ease rising energy costs for Americans.US Senator Mark R. Warner, Vice Chairman of the...

Washington, March 12 – U.S. President Donald Trump said on Thursday that rising oil prices benefit the United States because the country is the world’s largest producer of crude, even as tensions in the Middle East push global energy markets higher.“The United States is the largest Oil...

Washington, March 12 – US Energy Secretary Chris Wright said that energy markets could face short-term disruptions as the conflict involving Iran affects oil flows, but insisted that the impact would likely be temporary and that military operations would eventually stabilize global energy...

Strasbourg, March 11 – European Commission President Ursula von der Leyen said on Wednesday that the conflict in the Middle East has imposed heavy economic costs on Europe, driving up energy prices and adding billions of euros to import bills."Since the beginning of the conflict, gas prices...

New Delhi, March 11: Petrol and diesel prices in Pakistan have increased by nearly Rs 55 per liter after the outbreak of the Iran war, reflecting the country's energy import dependence in recent years, according to a report in Pakistani media.As global oil prices surge and shipping costs rise...