Oil Prices
- Andhra Pradesh
Andhra hotels warn of shutdown, appeal for uninterrupted gas supply
Amaravati: The Andhra Pradesh Star Hotels Association on Tuesday appealed to the state government to ensure reasonable and uninterrupted supply of commercial gas cylinders as oil marketing companies are rationing supplies amid…
- India
Dosa, uttapam off menu at Pune eateries due to LPG supply crunch
Pune: Popular breakfast staples like dosa and uttapam may soon disappear from the menus of restaurants and eateries in Pune as they face a severe shortage of commercial LPG cylinders following a…
- Bangalore
Middle East conflict: Bengaluru LPG consumers engage in panic booking
Bengaluru: Panic enquiries for domestic LPG cylinders have risen at several gas agencies in Bengaluru in the past few days amid concerns over supply disruptions due to the widening West Asia conflict,…
- Hyderabad
LPG shortage hits Hyderabad restaurants amid warning of possible shutdown
Hyderabad: Hyderabad’s hospitality sector has reported a sharp decline in the availability of commercial LPG cylinders, with several restaurants warning that the situation could lead to many temporarily shutting operations. With Israel…
- Middle East
US main focus is our oil, wants to partition Iran, says Tehran
Iran’s Foreign Ministry spokesperson Esmaeil Baghaei alleged that the United States’s only aim is to gain control over its oil and natural resources and divide the country. “They waged a war while…
- Middle East
Oil prices cross USD 83 per barrel as Middle East tensions escalate
New Delhi: Amid escalating Middle East tensions, crude oil prices went up more than 2 per cent on Thursday, March 5, over supply constraints as Strait of Hormuz was closed by Iran.…
- Middle East
What is Strait of Hormuz and why does its closure matter to global economy?
Kingston (Canada): The joint attack launched by the United States and Israel on Iran began on February 27 and has sparked a fast-moving conflict that could expand across the Middle East. Iran’s…
- Stock Market
Asian shares extend losses as the war with Iran widens
Bangkok: Asian shares fell further on Wednesday, March 4, after the global sell-off for stocks hit Wall Street, with South Korea’s benchmark plunging 8 per cent, while oil prices climbed even higher.…
- Business
Rupee slumps 69 paise to all-time low of 92.18 against US dollar
Mumbai: Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, March 4, as a sharp spike in crude oil prices amid geopolitical…
- India
No ship movement in Strait of Hormuz skyrockets oil prices
Frankfurt: Oil prices rose sharply on Monday, March 2, as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how US and Israeli attacks on Iran would affect…
- World
Oil prices rise sharply in market trading after attacks in Middle East
New York: Oil prices rose sharply when market trading began Sunday, as US and Israeli attacks on Iran and retaliatory strikes against Israel and US military installations around the Gulf sent disruptions…
- World
Oil prices rise sharply after Trump asks evacuation of Tehran
New Delhi: Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a wider conflict in the Middle East. The prices jumped…
- Business
Oil prices jump as Middle East tensions escalate
New Delhi: Oil prices in the international market jumped further on Monday after the Mideast tensions escalated between Israel and Iran. Brent climbed as much as 5.5 percent before paring most gains…
- World
Israel’s attack on Iran sparks jump in global oil prices
New Delhi: Oil prices in the international market jumped by more than 9 per cent on Friday after Israel’s attack on Iran’s nuclear facilities and missile production sites led to a further…
- Business
Rupee surges 39 paise to 85.71 against US dollar in early trade
Mumbai: The rupee sustained its gaining momentum and jumped 39 paise to 85.71 against the US dollar in early trade on Tuesday, buoyed by a robust rally in domestic equity markets and…
