World's oil market unbalanced amid Iran-Israel tensions, will it affect India as well?
Wednesday, 2 October 2024 () Amid rising oil prices driven by Middle East tensions, global markets show mixed performance with energy stocks gaining 2.4 per cent. Speculation about potential Israeli retaliation against Iran heightens concerns. Analysts debate whether Iran's response is an isolated incident or the start of broader conflict affecting global oil supplies.
India has overtaken China to become the largest importer of Russian oil, marking a significant shift in global energy dynamics. In July, Russian crude made up 44% of Indiaβs total oil imports,..
The United States is sounding the alarm as Israel faces the threat of significant attacks this week. White House National Security Communications Advisor John Kirby has issued a stark warning,..
Wednesday, 2 October 2024 ()
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