Israel-Iran War

Oil Prices Drop After Trump Warns Iran on Hormuz

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The image shows stacked oil barrels alongside Donald Trump, symbolizing the global oil market's reaction to his warning to Iran about disruptions in the Strait of Hormuz.

Oil Prices Drop After Trump Warns Iran on Hormuz Global oil prices have dropped sharply on Tuesday. It happened after Donald Trump warned Iran against disrupting the vital shipping route through the Strait of Hormuz. It is a corridor that carries a significant share of the world’s energy supplies. During an early trading in Asia, … Read more

US Grants 30-Day Waiver for India to Buy Russian Oil

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The Image shows Scott Bessent, US Treasury Secretary, attending an official meeting as the United States announces a temporary waiver allowing India to purchase Russian oil amid global energy supply concerns.

US Grants 30-Day Waiver for India to Buy Russian Oil The United States has issued a temporary 30-day waiver that allows India to purchase Russian oil cargoes that are currently stranded at sea. This move aims to ease immediate pressure on global energy supplies amid ongoing geopolitical tensions. While announcing the decision, US Treasury Secretary … Read more