Reuters

Brent futures extended gains to climb up $8.05, or 8.8 per cent to $100.03 at 10:25 a.m. ET or 1425 GMT, while U.S. West Texas Intermediate crude climbed $8, or 9.2 per cent to $95.25

Asked if escorts could be provided by the end of the month, Wright said: "I think that, yes, I think that is quite likely the case."

Oil prices jumped more than 9 per cent to nearly $100 a barrel

The weighted average call rate (WACR) has stayed around 5.07 per cent , since the start of February, even while the policy repo rate remains at 5.25 per cent

The Deutsche Post DHL group has announced more than 500 million euros ($577 million) in investment in the Middle East through 2030, especially in Saudi Arabia and the UAE

IEA's record 400-million-barrel reserve release aims to stabilise global oil markets after the Strait of Hormuz closure triggered one of the biggest energy shocks in decades

The most immediate impact would be on India's current account deficit. This concern has pushed the rupee to a record low and forced the central bank to sell dollars from its reserves

The halt applies to cargoes that had yet to clear customs as of March 11 and goes beyond last week's move by Beijing urging refiners not to agree to new exports

Most analysts classify premium housing as homes priced above 10 million rupees, ‌nearly 40 times India's average national per capita income

The new chips are part of the company's Meta Training and Inference Accelerator (MTIA) program and the first of the new chips, called the MTIA 300 is in use

IEA's release is aimed at preventing a further rise in oil prices and is more than double the ​182 million barrels released in 2022 following Russia's invasion of Ukraine

Iran had earlier stepped up attacks on merchant ships in the Strait of Hormuz, telling the world to get ready for oil at $200 a barrel

USTR Jamieson Greer said that Section 301 ​unfair trade practices probe could lead to new tariffs imposed against China, the European Union, India, Japan, South Korea and Mexico by ​this summer

US intelligence reports indicate that the IRGC and the interim leaders who assumed power after Khamenei's death retain control of the country

British bank Standard Chartered has a large presence in the United Arab Emirates, with Dubai now a large financial hub for leading international banks including JPMorgan and HSBC

"We won't allow even one litre of oil to reach the US, Zionists (Israel) and their partners. Any vessel or tanker bound to them will be a legitimate target," Ebrahim Zolfaqari said

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. US West Texas Intermediate (WTI) traded $3.13 higher, also 3.8%, at $86.58 a barrel

Authorities suspended flight operations at Phuket airport following the incident since the aircraft is stuck on the runway

The details of who accessed a server at the FBI's New York Field Office, including the allegation that a foreign hacker was involved, are being reported here for the first time

In February 2026, India began easing its restrictions on buying Chinese equipment