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Oil prices rise amid Trump's escalation threats, WTI up 2%

New Delhi, April 7 -- Global oil prices extended gains on Tuesday morning as the war in West Asia showed no signs of easing and US president Donald Trump ramped up threats against Iran. Brent crude r... Read More


Brent above $110 on Trump's fresh threats to Iran, OPEC+ output-hike decision caps surge

New Delhi, April 6 -- Global oil prices traded higher on Monday morning after US President Donald Trump threatened potential strikes on Iran's power and other infrastructure if it fails to revoke the ... Read More


Mint Explainer | Why Opec+'s output increase in May won't cool global oil prices

NEW DELHI, April 6 -- Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of over $100 per barrel, the Organizat... Read More


From blanket bans to regulated relief: how India's shielding pharma, food supply chains from global cooking gas crunch

New Delhi, April 2 -- India eased a month-long mandate requiring all refinery byproducts to be used for cooking gas production, allowing some essential components, such as propane, polypropylene, and ... Read More


Oil prices up 5% as Trump threatens of further escalation

New Delhi, April 2 -- Global crude prices reversed early losses on Thursday morning after US President Donald Trump said the US is going to hit Iran "extremely hard" over the next two to three weeks. ... Read More


Iran war: India's Qatar LNG imports crash 93%, triggering supply scramble, price spike

New Delhi, April 2 -- India's liquefied natural gas (LNG) imports from Qatar plunged 93% sequentially in March to about 56,000 tonnes after an attack on QatarEnergy's Ras Laffan plant, exposing the co... Read More


Prime Minister Modi reviews measures taken to diversify sources of LPG, LNG supply

New Delhi, April 1 -- Prime Minister Narendra Modi chaired a second special meeting of the cabinet committee on security on Wednesday to safeguard India amid the war in West Asia. With the Strait of H... Read More


India pulls back jet fuel price hike; commercial LPG prices up around Rs.200 as oil scales $105

New Delhi, April 1 -- In a volte face in less than four hours, state-run oil marketing company Indian Oil Corporation Wednesday scaled back its over 100% hike in aviation turbine fuel prices for domes... Read More


Jet fuel prices double across metros, commercial LPG prices up around Rs.200

New Delhi, April 1 -- Amid elevated global crude prices, state-run oil marketing companies have nearly doubled aviation turbine fuel (ATF) prices for April, raising costs sharply for airlines. In the... Read More


Global oil prices up 3% as Iran war escalates, Yemen's Houthis launch attacks on Israel

New Delhi, March 30 -- International crude oil prices rose more than 3% on Monday morning as the West Asia war escalated, with Yemen's Houthi militants opening a new front through missile and drone at... Read More