Business
Government Cuts Windfall Tax on Petrol, Diesel and ATF Exports
India cuts export levies on petrol, diesel and ATF from September 16 as global oil prices remain volatile amid Middle East tensions.
2 min read
Topic
oil market volatility
17 stories
International
US Oil Sanctions India: Waiver Ends on Russia, Iran Imports Amid Rising Prices
US oil sanctions India tighten as waiver on Russia and Iran imports ends, raising concerns over prices and supply
International
US Announces Blockade of Iranian Ports from April 13 Amid Failed Talks
US to block all maritime traffic to Iranian ports from April 13 after talks fail, raising global trade and security concerns.
Business
Crude Oil Impact: Price Drop Hides Inflation and Supply Risks
Crude oil impact grows despite price drop as supply disruptions, inflation risks and Hormuz tensions affect global economy and India
International
Pakistan Cuts Petrol Price by Rs 80 After Protests Over Sharp Fuel Hike
Pakistan cuts petrol price by Rs 80 per litre after protests, easing public anger following sharp hike due to global oil surge.
International
Bab el-Mandeb Strait Tensions: Is Iran Expanding Pressure Beyond Hormuz to Disrupt Global Trade?
Iran hints at Bab el-Mandeb disruption after Hormuz tensions, raising global concerns over trade routes and energy supply chains.
International
Pakistan Fuel Price Hike: Free Public Transport Announced Amid Protests Over Rising Petrol and Diesel Rates
Pakistan makes public transport free for a month amid sharp fuel price hike, as protests grow over rising petrol and diesel costs.
International
Trump Warns Iran to Open Hormuz or Face Strikes on Oil and Power Sites
Trump warns Iran to reopen Strait of Hormuz or face US strikes on oil wells and power plants amid rising Middle East tensions
International
US Iran Israel War: Blasts Rock Tehran, Strikes Escalate Conflict
US Iran Israel war escalates as blasts hit Tehran, missiles target Gulf and oil prices surge amid rising tensions in Middle East.
International
Iran Oil Waiver: US Allows Limited Sales to Ease Supply
Iran oil waiver by US allows limited sales to ease global supply crunch amid war, aiming to stabilise markets and control prices.
International
Middle East War Escalation: Iran Threats, US Deploys Forces
Middle East war escalation grows as Iran expands threats and US deploys forces, raising oil prices and global security concerns.
Business
Global Oil Crisis: Raghuram Rajan Warns India at Risk
Global oil crisis warning by Raghuram Rajan highlights risks to India as prices may hit $200 amid prolonged conflict and energy shock.
National
Iran Oil India: Supply Uncertainty Despite US Sanctions Waiver
Iran oil India deal faces uncertainty as supply shortage and Hormuz disruption challenge refiners despite US sanctions waiver relief.
International
Trump Warns Iran After South Pars Strike, Signals No More Israeli Attacks
Trump warns Iran after South Pars gas strike, urges no attacks on Qatar energy sites as Middle East tensions rise.
International
US to Release 172 Million Barrels from Strategic Oil Reserve Amid Iran War
US to release 172 million barrels from Strategic Petroleum Reserve to stabilise oil prices amid Iran war and global supply concerns.
Business
Brent Crude Crosses $100: Rising Tensions and Tanker Attacks Push Oil Prices Higher
Brent crude crosses $100 per barrel as tanker attacks and Middle East tensions raise fears of global oil supply disruptions.
Business
US Plans Talks With Oil Majors to Boost Venezuela Output After Maduro Ouster
The US plans talks with major oil companies to revive Venezuela’s oil output after Maduro’s ouster, despite legal and political hurdles.
