Explained: Why Crude Oil Crossed $100 Despite IEA’s 400 Million Barrel Strategic Reserve Release
Crude oil prices surged on March 12 despite the IEA's release of 400 million barrels. Brent crude hit $100 per barrel, and WTI Crude touched $94.
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Airlines in Asia hike fares as Mideast war raises fuel costs
Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surging jet fuel prices spurred... Read Full Article →
Cyclone Ditwah causes Rs. 33.9 b blow to manufacturing sector
Sri Lanka’s manufacturing sector suffered an estimated Rs. 33.96 billion in economic losses following the devastation caused by Cyclone Ditwah, which struck the country in late November 2025, according to preliminary assessments by the Industry and Entrepreneurship Development Ministry. Read Full Article →
India Among 16 Economies Facing US Unfair-Trade Probe Amid Renewed Tariff Push
The development comes after the US Supreme Court struck down Trump's previous use of tariffs by declaring an economic emergency. Read Full Article →
Petrol, Diesel Fresh Prices Announced: Check Rates In Major Cities On March 12 Amid Oil Supply Fears
Petrol and diesel prices in India stayed unchanged on March 12, 2026, despite global oil market volatility. Read Full Article →
