Russia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alternative cargoes. Rising crude oil prices and higher import costs could squeeze margins for Indian refiners, including BPCL, as geopolitical tensions reshape glob»»»

Soybean futures jumped to around $12.4 per bushel, the highest since May last year as oil prices surged on escalating Middle East tensions. Crude oil prices climbed to multi-week highs after Iran-backed Houthi militants claimed attacks on two Saudi oil tankers in the Red Sea and US President Donald»»»

Oil prices are facing a rare risk from simultaneous disruptions at both the Bab el-Mandeb and the Strait of Hormuz, said Priyanka Sachdeva, a senior market analyst at Phillip Nova. HOUSTON/SINGAPORE (July 23): Oil prices rose for a fifth day on Thursday on increasing concerns ab»»»

Oil prices rose for a fifth day on July 23 on increasing concerns about supply availability amid and strikes between the US and Iran that have once again nearly shut the Strait of Hormuz. Brent crude futures rose US$2.42, or 2.6 per cent, to US$96.49 by 6.40am GMT, the highest since June 8, having »»»

SINGAPORE: Oil prices rose more than 1.5 percent in Asian trade on Thursday to stand at their highest ‌in more than six weeks, as Yemen’s Houthis targeted oil tankers in the Red Sea and the US launched a new round of strikes on Iran. Brent crude futures rose $2.2 or 2.3 percent, to $96.27 by 06:27 »»»

Oil prices rose more than 1.5% in Asian trade on Thursday to stand at their highest ‌in more than six weeks, as Yemen's Houthis targeted oil tankers in the Red Sea and the United States launched a new round of strikes on Iran. Brent crude futures rose $2.2 or 2.3%, to $96.27, the highest since June»»»