Bangladesh has formally asked the United States for a temporary waiver to buy Russian oil, as rising crude prices and supply stress linked to the West Asia crisis increase pressure on its economy. The request comes as Dhaka struggles to secure stable fuel flows for transport, power generation
The United States has announced a major release from its Strategic Petroleum Reserve, saying 172 million barrels of oil will be put into the market beginning next week as prices rise amid the Iran war and wider Gulf supply concerns. The move is part of a broader coordinated release agreed by International Energy Agency member […]
The Indian rupee is once again under strain, flirting with the ₹87 per dollar mark amid a turbulent mix of global geopolitical tensions and sharply rising crude oil prices. Market analysts are cautioning that the domestic currency may soon breach this level unless stabilizing factors emerge quickly. Rupee Volatility Driven by Global Demand The demand […]














