Global oil prices moved sharply higher after the United States launched fresh military strikes on Iranian targets, raising concerns about possible disruption to energy supplies in the Middle East. Market analysts said traders reacted quickly as tensions between Washington and Tehran escalated again, increasing uncertainty around crude oil exports and shipping routes in the Gulf…
India’s ₹3 per litre increase in petrol and diesel prices remains significantly lower than fuel price jumps recorded in several other countries this year amid the ongoing global oil crisis. The latest revision pushed petrol prices in Delhi to ₹97.77 per litre, while diesel climbed to ₹90.67. The increase came after rising crude oil prices…
Oil marketing companies on Friday increased petrol and diesel prices by around ₹3 per litre across India. The revision came amid rising global crude oil prices linked to tensions in West Asia. The increase is the first major retail fuel revision in nearly four years. Fuel retailers said the move was necessary to offset losses…
As tensions in the Gulf region disrupt oil shipments through the strategically vital Strait of Hormuz, India is actively reassessing its energy import strategy. With a significant portion of global crude supplies passing through this narrow waterway, any halt or slowdown directly impacts major energy-importing nations — including India. Why the Strait of Hormuz Matters…
