New Delhi, Jun 25 (PTI) Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world’s third-largest crude importer, by easing inflation risks, reducing the import
SINGAPORE, April 13 (Reuters) – Oil prices climbed above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and fromIran via the Strait of Hormuz, a move that could restrict Iranian oil exports, after Washington and Tehran
Mumbai,Apr 13 (PTI) The rupee depreciated 49 paise to 93.32 against the US dollar in early trade on Monday, weighed down by higher crude oil prices and a firm American currency amid a volatile geopolitical situation. Renewed tension in West Asia and
Mumbai, Apr 13 (PTI) Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday as the failure of US–Iran negotiations heightened concerns of a prolonged conflict driving crude oil prices sharply higher. The US and Iran failed to reach a
NEW DELHI/LONDON, April 10 (Reuters) – India’s shipping ministry has granted special permission to four vessels carrying Iranian oil – as requested by Reliance Industrie – to berth at the western port of Sikka, three industry sources said. India, the world’s third-biggest
