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Friday, May 15, 2026

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NewsDesk MC May 15, 2026May 15, 2026 Bharat Petroleum, crude oil, diesel prices, economic impact, energy markets, fuel prices, global crude prices, Hindustan Petroleum, india, Indian Oil Corporation, inflation, Middle East conflict, new delhi, oil imports, oil shock, petrol hike, retail fuel prices, Reuters, state-run refiners, Strait of Hormuz, transportation costs

India Raises Fuel Prices for First Time in Four Years as Oil Shock Intensifies

New Delhi- India raised petrol and diesel prices by about 3 rupees per litre on Friday, marking the country’s first

Asia Latest News Top Stories

NewsDesk MC May 15, 2026May 15, 2026 bank of japan, central banking, chemical prices, corporate goods price index, crude oil, energy shock, import costs, inflation pressure, interest rates, Iran conflict, japan, Japanese economy, Masato Koike, monetary policy, naphtha, oil prices, Reuters, Strait of Hormuz, Tokyo, wholesale inflation, yen weakness

Japan Wholesale Inflation Surges on Oil Shock, Fuels June Rate Hike Expectations

Tokyo-Japan’s wholesale inflation accelerated in April at the fastest annual pace in nearly three years as surging energy and chemical

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NewsDesk MC May 1, 2026May 1, 2026 Bridger Pipeline, Canada-US pipeline, cross-border permit, crude oil, Earthjustice, energy policy, environmental groups, Fossil fuels, joe biden, Keystone Light, Keystone XL, Montana, North American energy, oil sands, pipeline approval, Saskatchewan, True Companies, trump, white house, Wyoming, Yellowstone River

Trump Clears ‘Keystone Light’ Pipeline in Major Canada-US Oil Push

Washington — President Donald Trump on Thursday granted a presidential permit for the Bridger Pipeline Expansion, a major new cross-border

Latest Middle East and North Africa News Top Stories World

NewsDesk MC April 28, 2026April 28, 2026 abu dhabi, crude oil, energy policy, energy strategy, global energy markets, Gulf producers, Iran war, market volatility, oil cartel, oil markets, oil production, OPEC, opec+, petroleum exports, russia, saudi arabia, Strait of Hormuz, uae, united arab emirates, vienna, WAM

UAE to exit OPEC from May 1 in major shift to energy strategy

Dubai — The United Arab Emirates said on Tuesday it will leave the Organization of the Petroleum Exporting Countries (OPEC)

Latest Middle East and North Africa News Top Stories

NewsDesk MC April 20, 2026April 20, 2026 ceasefire breach, CENTCOM, crude oil, donald trump, energy security, escalation, Geopolitics, global trade, Gulf of Oman, iran, maritime security, Middle East conflict, Military Tensions, naval blockade, naval operations, oil markets, sanctions, saudi arabia, shipping disruption, Strait of Hormuz, tanker routes, united states

Iran alleges US ceasefire breach after ship seizure, threatens retaliation

Tehran — Iran accused the United States of violating a ceasefire after a U.S. naval vessel fired on and seized

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NewsDesk MC April 9, 2026April 9, 2026 ceasefire, crude oil, energy crisis, Geopolitics, global energy, international trade, iran, Iran Revolutionary Guards, maritime navigation, maritime safety, middle east, naval security, oil markets, oil supply, Persian Gulf, regional tensions, sea mines, shipping disruption, shipping routes, Strait of Hormuz, strategic chokepoint, supply chain, tanker traffic, trade routes, united states

Iran Designates Alternative Shipping Routes in Hormuz Amid Mine Risk

Tehran — Iran on Thursday announced alternative maritime routes for vessels transiting the Strait of Hormuz, citing the threat of

Latest Middle East and North Africa News Top Stories

NewsDesk MC April 8, 2026April 8, 2026 airlines, Asia aviation, aviation, aviation industry, China exports, crack spread, crude oil, economic impact, energy markets, fuel supply, global trade, IATA, jet fuel, middle east, Myanmar, oil prices, pakistan, refinery capacity, refining margins, south korea, Strait of Hormuz, supply disruption, thailand, vietnam, Willie Walsh

Jet Fuel Crunch May Linger Months After Hormuz Reopens, IATA Warns

Singapore — Global jet fuel supply could take months to recover even if the Strait of Hormuz reopens, the head

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NewsDesk MC March 23, 2026 Baltic Sea, crude oil, drone attacks, energy infrastructure, energy security, export terminals, fire incident, fuel exports, Geopolitics, global oil markets, Leningrad region, logistics disruption, maritime trade, oil exports, petroleum products, Primorsk, russia, security alert, supply disruption, Transneft, Ust Luga

Drone Strikes Disrupt Russia’s Baltic Oil Lifelines, Halting Key Exports

Moscow — Russia suspended oil and fuel loadings at its Baltic Sea ports of Primorsk and Ust-Luga on March 22