Tag: global oil prices

Iranian oil imports to India under review after US waiver amid Middle East tensions

New Delhi,March,21,2026: India is preparing to resume Iranian oil purchases after the United States temporarily lifted sanctions. The development comes amid rising global energy prices and tensions in the Middle East. Indian refiners are planning to resume buying Iranian oil after the US allowed the sale of Iranian crude currently stranded at sea. The move is aimed at cooling global…

Snap News Service

Iran–Israel War: Iran Orders Strait of Hormuz Closure as Conflict Escalates

New Delhi, March,12,2026: The conflict between Iran, Israel, and the United States continues to intensify in West Asia. Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei, issued his first statement since assuming office, declaring that attacks against enemies will continue until full revenge is achieved. Khamenei also ordered the closure of the Strait of Hormuz, one of the world’s most critical…

Snap News Service