International

Ukraine Strikes Deep Inside Russian Oil Network

By BPN News Desk May 2, 2026

Ukraine has expanded drone attacks on Russian oil infrastructure, targeting refineries, pumping stations and export terminals far from the front line. The strikes are aimed at hurting Moscow’s war economy, though high global fuel prices may soften the financial impact on Russia. Ukraine Drone Strikes Target Russian Oil Ukrainian long-range drones have hit major Russian

Op-Eds Opinion

UAE’s Hormuz Bypass Can Secure Up to 180,000 Barrels Per Day for India

By BPN News Desk April 30, 2026

The ongoing Iran war has turned the Strait of Hormuz from an already sensitive chokepoint into the most dangerous pressure point in the global oil market. With shipping through the Strait disrupted, insurers nervous, tankers exposed, and crude buyers scrambling for route certainty, every major oil-importing country is being forced to ask a basic question: […]

International

UAE OPEC Exit Could Help India’s Oil Security

By BPN News Desk April 30, 2026

The United Arab Emirates’ decision to leave OPEC and raise crude oil output could give India a major energy security advantage at a time when West Asia tensions have increased uncertainty around global oil supplies. UAE OPEC Exit And India Oil Supply The UAE’s exit from OPEC and OPEC+ from May 1 is being seen […]

National

Oil Prices Surge On Iran Supply Fears

By BPN News Desk April 30, 2026

Oil prices climbed sharply as markets reacted to fears of prolonged supply disruption linked to the Iran crisis and rising uncertainty over possible US military action. Oil Prices Hit New Highs US oil prices rose above $109 a barrel after another strong daily gain, extending a rally driven by concerns over supply security in the […]

International

Pakistan Minister Says Oil Reserves Are Critically Low

By BPN News Desk April 29, 2026

Pakistan’s Petroleum Minister Ali Malik has warned that the country has no strategic petroleum reserves even for a single day, exposing the scale of its energy vulnerability amid global oil supply concerns. He contrasted Pakistan’s position with India’s stronger reserve capacity. Pakistan Petrol Reserves Crisis Malik said Pakistan is currently dependent only on commercial

International

Iran Offers Terms To Reopen Hormuz

By BPN News Desk April 28, 2026

Iran has proposed reopening the Strait of Hormuz if the United States agrees to a set of conditions, but Washington remains cautious as the offer delays talks on Tehran’s nuclear programme. The proposal comes amid efforts to reduce pressure on global oil and gas markets. Iran’s Three Conditions For Hormuz Reopening Iran has said it […]

Business Markets

Sensex, Nifty Rebound After Recent Losses

By BPN News Desk April 27, 2026

Indian stock markets moved higher on Monday after recent pressure linked to Iran war concerns, crude oil prices, Q4 earnings and F&O expiry positioning, with benchmark indices trading near the day’s highs. Sensex And Nifty Rise In Early Trade The BSE Sensex rose nearly 500 points in early trade, while the NSE Nifty 50 moved […]

Business Finance

Rupee Weakens To 94.29 Against US Dollar

By BPN News Desk April 24, 2026

Rupee Weakens To 94.29 Against US Dollar The Indian rupee weakened for the fifth straight session on Friday, slipping to 94.29 against the U.S. dollar in afternoon trade. The fall came as higher crude oil prices, safe-haven dollar demand and uncertain U.S.-Iran peace talks weighed on emerging market currencies. Indian Rupee Falls For Fifth Session […]

International

Iran Says First Hormuz Toll Revenue Received

By BPN News Desk April 24, 2026

Iran has said it has received its first revenue from tolls imposed on ships passing through the Strait of Hormuz, a key global energy route. The claim comes amid heightened tensions involving Iran, the United States and Israel, with the waterway remaining central to global oil and gas trade. Iran Claims Hormuz Toll Revenue Deposited […]

International

Hormuz Mine Threat May Last Six Months

By BPN News Desk April 23, 2026

The Pentagon has told U.S. lawmakers that fully clearing the Strait of Hormuz of Iranian sea mines could take as long as six months, highlighting the risk that disruption to one of the world’s most critical oil routes may continue well beyond any ceasefire or diplomatic breakthrough. The assessment, shared in a classified congressional briefing, […]