Oil pipelines across the globe are running dry, depleting at an unprecedented rate as the ongoing Iran war severely disrupts crude flows from the Persian Gulf, rapidly eroding the buffer that usually protects markets from supply shocks.The sharp fall in inventories has triggered rising concern across governments and energy markets, with the loss of more … Read more
US President Donald Trump on Thursday said oil would begin flowing very quickly, with or without the help of Iran, escalating rhetoric around energy routes and tensions in the Gulf, while offering no details on how that would be achieved. In a post on Truth Social, Trump asserted that “very quickly, you’ll see Oil start … Read more
The Group of Seven (G7), which is made up of the US, the UK, France, Japan, Italy, Germany, and Canada, and the European Union (EU), announced on Saturday it was willing to take necessary measures to ensure the security of global energy supplies and reaffirmed the importance of safeguarding maritime routes, including the Strait of … Read more
Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned it will target energy infrastructure across the Middle East if Iran’s own oil and gas facilities come under attack during the ongoing war involving the United States and Israel. In a statement carried by Iranian state media, a spokesperson for the military’s central operational command, the Khatam … Read more
Stock market today (AI image) Stock market today: Equity benchmarks opened flat on Friday after a crash on Thursday due to escalating geopolitical tensions. While Nifty50 was above 25,450, BSE Sensex was near 82,500. At 9:17 AM, Nifty50 was trading at 25,471.70, up 17 points or 0.068%. BSE Sensex was trading at 82,505.86, up 8 … Read more