Oil traders responded to the uncertainty in West Asia by pushing prices to new highs, briefly touching $81.40 per barrel for ...

Global benchmark Brent rallied as much as 5.7 per cent to US$81.40 a barrel, extending three weeks of gains. Read more at ...

US strikes on Iran raise risks for India’s current account, inflation and trade, but experts say the impact may stay ...

Iran contributes nearly one-third of the total output by the Organisation of Petroleum Exporting Countries (OPEC+) and stands ...

OPEC+ countries, most of whom have assured their tacit support to Tehran in the Israel-Iran war, hold some influence on the ...

Experts warn that this could disrupt not only the regional balance of power but also the global oil supply chain, as Iran is a key oil exporter in West Asia.