oil

Seoul, April 2 – South Korea has secured approximately 50 million barrels of alternative oil supplies for this month to replace supplies from the Middle East, which have been disrupted due to the effective closure of the Strait of Hormuz, government officials said on Thursday, pledging continued...

Crude Oil Prices Drop Amid Ceasefire Hopes, Offering Temporary Relief to India New Delhi, March 25 – International crude oil prices experienced a significant decline on Wednesday, driven by growing hopes for a ceasefire in the West Asia region. Brent crude futures fell by 7 per cent to a day’s...

US Temporarily Eases Sanctions on Russian Oil Shipments Amid Global Supply Concerns Move Aims to Stabilize Energy Markets During Iran War Disruptions The United States is temporarily easing certain sanctions on Russian oil shipments as global energy markets face supply pressures linked to the...

United States Temporarily Authorizes Sale of Russian Oil Amid Middle East TensionsWashington, March 13 The United States is temporarily allowing the sale of Russian oil already at sea, the Treasury Department announced on Thursday, as global energy prices surge following US-Israeli strikes on...

Asian Markets Rebound as Oil Prices Drop After Trump Signals Iran War Could End Soon Asian stock markets rebounded on Tuesday following a sharp sell off in the previous session, while crude oil prices declined after US President Donald Trump signaled that the war with Iran could end soon. The...

253 Km Pipeline Target Unlikely to Be Met by March Agartala, February 24: The target of laying a 253 kilometre-long gas pipeline in Tripura under the Indradhanush Gas Grid project is unlikely to be achieved by March this year, an official said on Tuesday, citing unavoidable challenges.The...