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India ready to support oil markets after IEA agrees for record release

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

Updated On: 12 Mar 2026 | 7:57 AM IST

Asian shares fall, oil prices surge again as Iran hits tankers near Hormuz

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

Updated On: 12 Mar 2026 | 7:35 AM IST

US opens new unfair-trade probes to rebuild Trump's tariff pressure

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

Updated On: 12 Mar 2026 | 7:25 AM IST

Iran govt not at risk of imminent collapse despite ongoing war: US intel

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

Updated On: 12 Mar 2026 | 6:39 AM IST

Standard Chartered evacuates staff from offices in Dubai: Report

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

Updated On: 11 Mar 2026 | 10:24 PM IST

Iran warns oil could hit $200 a barrel amid threat of continuous strikes

"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

Updated On: 11 Mar 2026 | 10:13 PM IST

Oil prices rise as supply fears linger despite IEA reserve release plan

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

Updated On: 11 Mar 2026 | 8:32 PM IST

Phuket airport closes runway after Air India Express plane malfunction

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

Updated On: 11 Mar 2026 | 8:14 PM IST

Foreign hacker breached FBI server with Epstein probe files in 2023: Report

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

Updated On: 11 Mar 2026 | 6:17 PM IST

Timeline: How India-China ties moved from border clash to investment thaw

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

Updated On: 11 Mar 2026 | 1:13 PM IST

Gold edges above $5,000 as inflation jitters ease; key US data in focus

Oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran

Updated On: 11 Mar 2026 | 9:35 AM IST

Oil prices fall after IEA proposes largest oil stock release ever

Brent futures were ​trading down 23 cents, or 0.26 per cent ‌lower, at $87.57 ​a barrel ‌at 0023 GMT

Updated On: 11 Mar 2026 | 6:46 AM IST

Russia denies sharing US military asset data with Iran, says Witkoff

Witkoff said the denial came during ​a phone call that US President Donald Trump had with Russian President Vladimir ​Putin on Monday

Updated On: 10 Mar 2026 | 11:31 PM IST

EU urges US to strictly enforce G7 price cap on Russian oil exports

G7 finance ministers said on Monday they were ready to release oil from strategic reserves ​to help lower prices, if necessary

Updated On: 10 Mar 2026 | 11:28 PM IST

Iran bets on endurance, energy disruption to outlast US, Israel

The IRGC also played the decisive role in elevating Mojtaba Khamenei as supreme leader after Ayatollah Ali Khamenei was killed in the opening US-Israeli strikes

Updated On: 10 Mar 2026 | 11:28 PM IST

Putin's mediation proposals on Iran conflict still stand, says Kremlin

Peskov was speaking a day after Putin spoke by phone to US President Donald Trump and, according to the Kremlin, shared proposals aimed at ending the war in Iran quickly

Updated On: 10 Mar 2026 | 7:24 PM IST

Indian edible oil buyers move to secure prompt shipments as prices surge

India, which meets nearly two-thirds of its edible oil demand through imports, also buys palm oil from Indonesia, Malaysia and Thailand, with shipments typically reaching its ports in about a week

Updated On: 10 Mar 2026 | 5:51 PM IST

India to boost coal use for summer as West Asia crisis hits LNG supplies

India has invoked emergency provisions and declared force majeure, reprioritising natural gas supplies to key sectors such as households and fertiliser plants

Updated On: 10 Mar 2026 | 3:49 PM IST

West Asia war: Vietnam urges people to work from home to save fuel

Prices for gasoline in the Southeast Asian country have risen by 32 per cent, diesel by 56 per cent and kerosene by 80 per cent since the end of last month

Updated On: 10 Mar 2026 | 1:35 PM IST

Rupee rises as Asian markets catch a breather, importers keen to hedge

The currency was last up 0.15 per cent at 92.18, still close to its all-time low of 92.3475 hit in the previous session

Updated On: 10 Mar 2026 | 11:02 AM IST