As oil prices spike following US airstrikes on Iranian nuclear sites, Union Petroleum Minister Hardeep Singh Puri says India’s crude supply remains stable due to diversified imports. With fears of ...

Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

The statement from Puri comes as Iran is threatening to shut down the Strait of Hormuz, one of the world's most critical ...

So far, Iranian oil export infrastructure doesn’t appear to have been majorly hit by Israel, which is a relief for the energy ...

US strikes on Iran raise risks for India’s current account, inflation and trade, but experts say the impact may stay ...

Among them are fears Iran could block oil exports through the Strait of Hormuz, a major commercial trade passage that the ...

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.

Bitcoin dipped to its lowest levels since early May before ultimately sealing a weekly close at around $101,000. Data from ...

The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...

He previously served as Special Adviser on the Middle East to Vice President Kamala Harris and as Iran Team Chief at the ...