Oil prices rise by 12% after US and Israeli attacks on Iran disrupt the Strait of Hormuz. Could prices top $100?

Oil prices rose as much as 12% on Monday to their highest level in months as Iran and Israel intensified attacks in the Middle East, damaging tankers and disrupting shipments from the crucial oil-producing region.Brent crude futures rose to $82.37, the highest since January 2025, in the first trading session after the US and Israel […]

The conflict between the US and Iran could push up Indian crude oil prices and fuel inflation

Escalating tensions between the United States and Iran over stalled nuclear negotiations have once again heightened geopolitical risks in global crude oil markets. Recent warnings from the US leadership about possible military action after Iran reportedly crossed key US “red lines” caused a sharp rise in crude prices, with WTI rising more than 5%, as […]