Oil Prices Jump As Hormuz Tensions Return

By BPN News Desk April 20, 2026

International

Oil Prices Jump As Hormuz Tensions Return Oil prices rose sharply in early Sunday trading after a fresh U.S.-Iran standoff in the Strait of Hormuz stranded tankers and renewed fears over global energy supplies. The Strait of Hormuz remains one of the world’s most important oil transit routes,

International

US Begins Iran Port Blockade As Oil Eases

By BPN News Desk April 14, 2026

US Begins Iran Port Blockade As Oil Eases Below $100 The United States has begun enforcing its blockade on Iranian ports, opening a new phase in the maritime standoff with Tehran even as oil prices eased below $100 on hopes that dialogue could still resume. The move follows the collapse of weekend talks in Islamabad, […]

International

Oil Prices Jump After Tanker Attack Reports

By BPN News Desk March 12, 2026

Oil prices jumped sharply after reports of tanker attacks near Iraq added fresh fears over supply disruption in an already volatile Middle East market. The rise came as traders reacted to growing risks to shipping routes and export infrastructure, with Brent crude briefly climbing back above the $100-per-barrel mark before easing from intraday highs. Oil […]

Economy National

Rupee Posts Biggest Single-Day Gain as Oil Prices Plunge

By BPN News Desk June 25, 2025

The Indian rupee recorded its strongest single-day rally in over a month on Tuesday, surging by nearly ₹0.78 as global crude oil prices dropped sharply following a ceasefire agreement between Iran and Israel. The relief in energy markets and improved investor sentiment pushed the rupee to close around ₹85.97–₹85.98 against the US dollar, a level […]

International

IMF Warns Iran Strikes May Hit Global Growth, Oil Stability

By BPN News Desk June 23, 2025

The International Monetary Fund has issued a stern warning over the potential impact of escalating U.S.-Iran tensions on the global economy. Following the recent U.S. airstrikes on Iranian nuclear facilities, IMF Managing Director Kristalina Georgieva highlighted that heightened geopolitical risks could disrupt energy markets and significantly hinder global growth. The IMF