Tensions in the Middle East have increased after four oil tankers reportedly caught fire following suspected sea mine incidents in and around the Strait of Hormuz. Iran’s military claimed that […]
Continue Reading
The global price of Brent crude oil rose sharply to 111 dollars per barrel due to a shortage in crude oil supply, creating concern among many countries around the world. […]
Continue Reading
The United States has eased trade penalties on India after President Donald Trump signed an order removing a 25% additional tariff that was imposed over India’s purchase of Russian oil. […]
Continue Reading
An Iranian surveillance drone was shot down after it aggressively approached a US Navy warship, triggering fresh international concern and raising tensions between the United States and Iran. The incident […]
Continue Reading
