oil
National

Indian Refiners Eye Iranian Oil Return

By BPN News Desk
Indian refiners are exploring the possibility of buying Iranian crude again after the United States issued a temporary sanctions waiver covering Iranian oil already at sea. The move comes as refiners across Asia search for replacement supplies amid disruption in the Strait of Hormuz and pressure on regional energy markets. Indian Refiners Eye Return To […]
oil
International

Oil Jumps as Iran Hits Gulf Energy Sites

By BPN News Desk
Oil Jumps as Iran Hits Gulf Energy Sites Oil prices surged and stock markets fell on Thursday after Iran struck Gulf energy facilities and warned that more attacks could follow, deepening fears of a wider regional energy shock. The market reaction came after damage to major gas and energy infrastructure in Qatar and fresh threats […]
iran
International

Iran Threatens Gulf Energy Facilities

By BPN News Desk
Iran has threatened to strike major energy facilities across the Gulf after attacks on infrastructure linked to its South Pars gas field, marking a sharp escalation in the regional conflict and raising new fears over global energy security. The warning comes as oil and gas markets remain on edge over the possibility that the war […]
india oil
National

Russian Oil Tanker Diverts From China To India

By BPN News Desk
A Russian oil tanker that was originally headed to China has changed course and is now sailing to India, underlining how the Gulf conflict is reshaping global crude trade flows. The diversion comes as Indian refiners sharply raise purchases from Russia to offset supply disruptions linked to the war in West Asia and continued stress […]
iran
International

Iraq Reaches Iran Understanding On Hormuz

By BPN News Desk
Iraq said it has reached an understanding with Iran to help its oil tankers move through the Strait of Hormuz, as Baghdad tries to protect crude exports during the ongoing regional conflict. The development is significant because Hormuz remains a critical route for Gulf energy shipments, and any negotiated passage is being closely watched by […]
india oil
National

Indian Crude Near $137 Amid Gulf Conflict

By BPN News Desk
India’s crude oil basket has surged sharply since the Gulf conflict began, climbing to about $137 a barrel and sharply increasing pressure on refiners, import costs and the broader economy. The spike reflects tighter global supply, disruption around the Strait of Hormuz and a rapid rise in freight and risk premiums linked to the ongoing […]
Trump UAE
International

Gulf States Press US Over Iran Threat

By BPN News Desk
Gulf Arab states are pressing the United States to take stronger action against Iran as the Strait of Hormuz crisis continues to disrupt regional oil exports and raise fears of prolonged instability. The latest diplomatic push reflects concern among Gulf governments that any limited response may leave Iran capable of threatening shipping lanes, energy infrastructure […]

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