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CRUDE OIL PRICE NEWS
Why Trump wants Iran to pay compensation as Strait of Hormuz crisis pushes oil higher
August 11, 2026 10:29 am
US President Donald Trump has rejected Iran's demand for compensation and said he would instead seek payment from Tehran for people killed or seriously wounded by Iranian actions.
Why oil prices are suddenly surging as Trump and Iran clash again
July 14, 2026 3:28 pm
Brent crude futures soared $2.74, or 3.29%, to $86.04 per barrel at 0751 GMT, while US West Texas Intermediate crude rose $2.21, or 2.83%, to $80.35 a barrel.
US Iran War Live Highlights : US strikes Iran after attack on vessel in Strait of Hormuz
June 29, 2026 6:44 am
The US military said it would continue to provide "safe passage coordination and support" to commercial vessels transiting the strait.
War impact: Investors turned cautious in May as equity mutual fund inflows hit 1-year low
June 11, 2026 4:20 am
SIP investments declined for the second month in a row in May to Rs 30,954 crore, but were up 16% from last year.
Petrol, diesel prices raised by 90 paise days after 3-rupee hike
May 21, 2026 8:06 am
This is the second increase in rates in less than a week. Prices were hiked by Rs 3 a litre on Friday.
Trump may have triggered the process of regime change — but not in Iran
March 30, 2026 12:56 pm
It would be ironic if the theocratic regime in Iran survives, but the Republican Party loses its hold over the US Congress in November in a prelude to the loss of the Presidency in 2028
Oil cools 13%, stocks zoom after Trump orders 5-day pause in strikes on Iran's power plants
March 23, 2026 6:32 pm
Dow Jones Industrial Average futures jumped 715 points, or 1.6%. S&P 500 futures rose 1.5%, and Nasdaq-100 futures added 1.6%.
Nervous but exciting times for the Indian economy, says Finance Ministry
June 27, 2025 8:14 pm
In its monthly economic review report for May, the Ministry of Finance said on Friday that India’s growth and fiscal outlook for the current fiscal would have been “threatened” had higher crude oil prices persisted due to the Israel-Iran war.
Easing crude oil prices: What does it mean for India?
January 25, 2025 12:38 pm
For India, lower crude prices are expected to be a boon as they will reduce oil import costs, narrow the current account deficit and bring inflation down.
Subdued crude prices help lower India’s oil import bill in Sep-Nov even as volumes rise
December 26, 2024 8:31 am
A downward pressure on international oil prices, and consequently on India’s oil import bill, is a positive for the country due to its extremely high dependence on oil imports.
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