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In a worst-case scenario, oil prices could surge to $120 per barrel, according to Lazard Geopolitical Advisory.
The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.
Explore the implications of Iran potentially closing the Strait of Hormuz amidst rising tensions, impacting global oil prices ...
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...
GTRI warns of India's economic vulnerability amid Israel-Iran conflict, urging energy diversification and strategic reserve ...
Due to the war, India is increasingly at risk of collateral economic fallout, with energy security, trade routes, and key commercial interests facing growing uncertainty, the GTRI said.
Israel said it had struck uranium enrichment sites in Iran after the two countries launched another barrage of missiles at ...
Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...
How Israel’s strike on Iran could affect the global ... The worst-case scenario, however, would be a disruption to or the closure of the Strait of Hormuz, a key shipping route for Middle East ...
Oil prices forecast a possible surge to $130+ as Strait of Hormuz threats and Middle East escalation loom over global crude supply and OPEC output.