ExxonMobil and Chevron are rebuffing U.S. President Donald Trump’s calls to boost oil production despite soaring prices amid the Iran war and Strait of Hormuz blockade. Their stance comes as OPEC+ ...

As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged in recent weeks and storage is rapidly filling. Already, the country has begun curbing ...

American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high. By Rebecca F. Elliott If ...

In the “Crude Oil Price Predictions by June” market, pricing is currently at 100% YES for crude oil hitting $90 by the end of June. This pricing has been consistent following recent developments. ## ...

India is facing inflation threats from heat waves and below normal rainfall this year, creating new economic pressures for policymakers already grappling with soaring energy costs. Temperatures of as ...

The India-New Zealand free trade agreement (FTA) is likely to come into force later this year after both countries sign the pact today, as the treaty must undergo parliamentary scrutiny in New Zealand ...

In the year leading up to its dramatic seizure by US forces in the Indian Ocean, the oil tanker known as the MT Tifani made several trips between Iran and a stretch of water off the coast of Malaysia, ...

India's government has urged local refiners to increase production of liquefied petroleum gas—the country's main cooking fuel, amid the supply crunch resulting from the war in the Middle East.

The India-U.S. trade deal is still awaiting final sign-off. A delay in finalizing the agreement could prove to be expensive for India, as it faces the risk of higher tariffs under the Section 301 ...

April 24 (Reuters) - Indian shares fell on Friday, posting weekly losses as Middle East tension-linked higher oil prices and a slump in IT stocks after weak forecasts from Infosys and HCLTech dented ...

U.S. forces boarded a sanctioned, stateless vessel in the Indian Ocean that was transporting oil from Iran, the Department of Defense said on X. Troops boarded the Majestic X overnight as part of ...

India and China are now locked in competition over crude supplies, mainly from Russia and, to a lesser extent, Saudi Arabia. So far in April, both India and China are going head-to-head, with each ...