After PM’s caution: Pump prices set to go up
Auto-fuel price hikes in India now appear less a matter of political timing than of economic arithmetic.
Auto-fuel price hikes in India now appear less a matter of political timing than of economic arithmetic.
ICICI Securities flags a structural shift in global oil coordination after UAE’s OPEC exit, with implications for supply strategy, market volatility, and India’s import outlook.
Markets are losing momentum as rising oil prices and US-Iran tensions fuel fresh inflation worries. Investors are turning cautious, prioritising risk over growth in an increasingly uncertain global landscape.
As US-Iran negotiations advance, Trump signals Pakistan as a potential venue and cautions that the absence of a deal could see hostilities resume.
IMF sees India as a key growth driver even as global expansion weakens, with strong policy frameworks and domestic demand helping cushion external shocks and energy price pressures.
India's weekly crude imports collapsed from 25 million barrels in February to just 1.9 million barrels in the week ended March 6, as Middle East suppliers cut export volumes sharply.
Donald Trump urges global powers to secure key oil routes while Iran signals expanded retaliation, as the conflict deepens and concerns grow over prolonged instability and energy disruptions.
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn.
The US bombing of Iran’s nuclear sites has led to a widening of the Israel-Iran war and a further escalation in geopolitical tensions that could lead to a surge in global oil prices, which have already shot up by close to 20 per cent this month.
India’s growing fuel demand and its call for increased oil output from OPEC+ reflect the country’s evolving energy needs.
