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The escalating conflict between Iran and Israel raises serious concerns over potential disruptions to Middle Eastern oil supply, as both nations target each other's energy infrastructure.
Oil prices surged as Iran and Israel exchanged strikes on key energy infrastructure this weekend, raising fears of broader disruption.
Crude oil prices on the Multi Commodity Exchange of India (MCX) opened higher on Monday, extending their rally, as the heightened tensions in the Middle East due to the intensifying Israel-Iran ...
Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks Industry experts are examining possible scenarios, including one in which the price of oil doubles this year.
Fast-rising oil prices worldwide can push up UAE fuel prices too: Here's how Israel-Iran conflict risks can hurt UAE fuel prices if tensions hit key oil supply routes ...
Hardeep Puri said India imported 80 per cent of oil and 50 per cent of natural gas, adding that even a 5-billion-barrel discovery would be a game-changer.
Non-oil economy drives 75.5% of UAE GDP in 2024 as trade, finance, and construction surge The UAE’s non-oil economy recorded a 5 per cent growth to reach Dh1.342 trillion, while oil-related ...
WTI Oil prices are easing on Monday, retracing part of Friday’s nearly 6% surge after slipping from the key $70 level, now holding as resistance.
The closure of the Strait of Hormuz would cause oil prices to surge and trigger a sharp slowdown in economic growth, economists have warned.
Israel's strikes on Iran have expanded to target oil and natural gas sites including a section of the South Pars field, one of the world's largest gas fields, according to press reports. Targeting ...
Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and LNG. Experts warn that even the threat of closure could rattle markets ...
Oil prices are surging following a major Israeli airstrike deep inside Iran, which struck a range of high-value military and nuclear sites – from missile installations to refineries and fuel ...
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