energy

Indian shares fall as crude remains at elevated levels Reuters

For a few weeks of 2026, the American continent was pumping nearly half of the world’s oil. It was an extraordinary moment, even if short lived. To a degree, it was a statistical aberration, a fortuitous byproduct of the Iran war, which had shut down much of the Persian Gulf’s energy industry. But i

Oil rises as US-Iran peace talks stall, Hormuz shipping slows Reuters

For a few weeks of 2026, the American continent was pumping nearly half of the world’s oil. It was an extraordinary moment, even if short lived. To a degree, it was a statistical aberration, a fortuitous byproduct of the Iran war, which had shut down much of the Persian Gulf’s energy industry. But i

Indian equity markets closed lower on Friday, August 14, as investors awaited clarity. The Nifty50 and Sensex experienced slight declines, ending the trading session down. Investors will closely monitor crude oil prices and global economic data for future direction. Foreign portfolio investors and d

Oil edges higher as Middle East tensions return to focus

U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped the pre-war average of 20 million bpd on Sunday. Vessel-tracking services and commodity analysts are baffled and struggling to reconcile thes

The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt.

Turkish President Recep Tayyip Erdogan has called for the Strait of Hormuz to reopen.

Extreme heat is tightening the food-energy link across Asia