Tag: Iran war impact on oil

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Posted in Economy

India diesel exports jump 20% in March amid Iran war

New Delhi: Record difference between the price of crude oil and refined diesel amid the Iran war pushed India to increase diesel exports 20% month-on-month…

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A worker operates valves at the Rumaila oil field in Basra, Iraq, to cut nearly 1.5 million barrels per day of output as exports halted due to the effective closure of the Strait of Hormuz amid the Iran war. (Reuters)
Posted in Business

Brent crude oil prices spike toward $120/barrel Iran War forces more production cuts| Business News

Crude oil prices spiked dramatically toward $120/barrel as key Gulf producers curbed output, the vital Strait of Hormuz remained functionally closed, and the US threatened…

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