New warning on oil: Goldman Sachs says crude prices could cross $120 if Strait of Hormuz disruptions continue

The analysts said the decline in global oil inventories during the second quarter has made the…

Russian Oil Imports: India’s Russian oil imports hit record high in June amid Hormuz disruptions

​The world’s third-largest oil importer received around 2.70 million barrels per day (bpd) of Russian crude…

US-Iran war impact: India’s Russian oil imports may touch all-time high in June; how crude strategy has shifted

India’s crude import strategy has shifted sharply since March 2026 as Strait of Hormuz disruptions tightened…

Heavy blow for oil exporting groups! UAE to exit OPEC, OPEC+ amid Strait of Hormuz disruptions: What it means

Collectively, OPEC nations account for roughly 36 per cent of global oil output. (AI image) In…

Oil Prices: Oil prices today: Crude jumps nearly 2% as US-Iran talks stall, Hormuz disruptions tighten supply

Oil prices extended their rally on Monday, climbing nearly 2% as stalled peace talks between the…