Oil price today: Crude tops $85 a barrel as US restores Strait of Hormuz blockade

Oil prices surged beyond the $85-a-barrel mark on Wednesday as the Middle East once again got…

Chaos returns to Middle East: Oil prices jump 4% as US-Iran exchange strikes

Oil prices soared sharply on Monday as the Middle East was once again embroiled in chaos.…

RBI cuts growth, hikes inflation forecast as West Asia crisis bites

MUMBAI: Caught between a slowing economy and the risk of a fresh price spiral triggered by…

US will not extend temporary sanctions waiver on sale of Russian and Iranian oil

The United States will not extend a temporary waiver that allowed the sale of Russian oil…