Oil prices have witnessed a significant decline following growing confidence in the Iran-Israel ceasefire, dispelling earlier concerns about potential supply disruptions. Brent crude, the global benchmark, dropped 5.9 per cent
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Global oil markets face significant volatility as Iran’s parliamentary vote to close the Strait of Hormuz threatens to disrupt one of the world’s most crucial oil transport routes. Market analysts
Oil prices retreated and global equities advanced as market sentiment shifted towards optimism regarding the Iran-Israel conflict, with traders increasingly confident the situation would not develop into a broader regional
Oil prices surged to their highest levels since August as refiners in India and China desperately sought alternative supplies following stringent new US sanctions targeting Russian oil revenues. Brent crude,
Saudi Arabia and its OPEC+ allies have announced an extension of their oil production cuts until the end of December, marking a significant shift from their earlier plans to gradually
