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Results for "Oil"

21 results
Trump Signs Russia-Iran Sanctions Act, Opening Door to Tariffs of Up to 100% on Major Russian Oil Buyers
WorldGeopolitics

Trump Signs Russia-Iran Sanctions Act, Opening Door to Tariffs of Up to 100% on Major Russian Oil Buyers

The new US law targets Russia’s energy, financial and defence networks and allows additional tariffs of up to 100% on goods from the largest buyers of Russian oil and gas. India faces significant exposure because of its large Russian crude imports, but a 100% tariff on Indian goods has not been impo

Updated 20 Sept 202610 min read
a maritime security incident involving a tanker in the Strait of Hormuz amid ongoing regional tensions
WorldGeopolitics

Iran Says IRGC Struck Togo-Flagged Tanker Trend in Strait of Hormuz; Independent Verification Pending

Iran’s Revolutionary Guards Navy says the Togo-flagged oil-products tanker caught fire and stopped after attempting what Tehran called an “illegal passage” on September 17. No independent confirmation of the strike, casualties or cargo damage was immediately available as shipping through the strateg

Updated 18 Sept 202610 min read
the US Congress clearing a major Russia sanctions package with potential secondary tariffs on large energy-buying countries
WorldGeopolitics

US Congress Passes Russia Sanctions Bill With Up to 100% Tariffs on Major Energy Buyers; India Warns of Impact on Ties

The House approved the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by 262-159 after the Senate passed it 86-11. The measure now awaits President Donald Trump’s signature and could subject major buyers of Russian oil or gas to additional US tariffs of up to 100%, although India and Chin

Updated 18 Sept 202610 min read
India’s energy-security policy and the potential impact of new US secondary tariffs linked to Russian oil purchases
IndiaNational News

India Reaffirms Energy Security as US Russia Sanctions Bill Raises Fresh Tariff Risk

New Delhi says its oil sourcing will continue to be guided by energy security, market conditions and diversified supplies after the US Congress cleared legislation allowing President Donald Trump to impose tariffs of up to 100% on major buyers of Russian energy. The tariffs are not automatic, and th

Updated 18 Sept 202610 min read
the US Congress passing sweeping Russia sanctions legislation with potential secondary tariffs on major energy buyers
WorldGeopolitics

US Congress Clears Sweeping Russia Sanctions Bill; India, China Face Possible Tariffs of Up to 100%

The House voted 262-159 to approve the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 after the Senate backed it 86-11 in August. The bill targets Russian banks, energy, defence and its “shadow fleet” while creating secondary tariffs for major buyers of Russian oil and gas. It now goes to

Updated 17 Sept 202614 min read
CrimeBreaking Crime

45 Live Turtles Found in Unclaimed Bags on Doon Express at Gaya Junction; Smuggling Angle Probed

RPF and GRP personnel recovered the turtles from two sacks and a backpack left outside the toilet of sleeper coach S-8 on the Rishikesh-Howrah Doon Express. No one was arrested at the scene, and the animals have been handed to the Gaya Forest Department for identification and further legal action.

Updated 16 Sept 20268 min read
Editorial illustration representing Saudi Arabia’s East-West oil pipeline shutdown after drone attacks as security risks increase around regional oil and Red Sea shipping routes
World

Saudi Arabia Shuts East-West Oil Pipeline After Drone Attacks as Red Sea Risks Grow

Saudi Arabia has temporarily shut its East-West oil pipeline after drone attacks launched from Iraq caused injuries and damage, while Houthi gains near Bab el-Mandeb increase pressure on already disrupted regional energy routes.

Updated 12 Sept 202613 min read
BusinessMarkets

Oil Prices Surge Above $100 as US-Iran Conflict Threatens Global Energy Supplies

Brent crude has surged above $100 as US-Iran hostilities disrupt Middle East oil supplies, raising concerns over inflation, markets and India’s import costs.

Updated 10 Sept 202611 min read
US and Iranian military forces and oil tankers representing escalating conflict around the Strait of Hormuz and global energy supplies
WorldInternational News

US-Iran Shipping Attacks Escalate Near Strait of Hormuz as Brent Oil Holds Above $100

Iran says it attacked 10 ships near the Strait of Hormuz after the US destroyed five Iranian oil tankers, sending Brent crude above $100 as global supply fears intensify.

Updated 10 Sept 202610 min read
US and Iranian military forces and oil tankers representing escalating conflict around the Strait of Hormuz and global energy supplies
WorldInternational News

US-Iran War Escalates: US Destroys Five Iranian Oil Tankers as Iran Strikes Base in Jordan

The US says it destroyed five Iranian oil tankers before Iran fired missiles toward a US-used base in Jordan and claimed attacks on ships near the Strait of Hormuz.

Updated 9 Sept 202610 min read
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