oil shock – The Milli Chronicle

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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

Latest Middle East and North Africa News

NewsDesk MC March 23, 2026March 23, 2026 bond market, CSI 300, energy stocks, equity selloff, financial markets, geopolitical risk, global markets, inflation risk, investor sentiment, LNG disruption, Middle East war, MSCI World Index, Nikkei 225, oil shock, portfolio rebalancing, QatarEnergy, risk aversion, S&P 500, safe haven assets, Strait of Hormuz, trade disruption

Markets recoil as prolonged Middle East war fears trigger global selloff

Singapore — Investors are scaling back risk exposure and repositioning portfolios as expectations of a prolonged Middle East war intensify,

Latest Middle East and North Africa News

NewsDesk MC March 23, 2026March 23, 2026 Asia Pacific, Australia energy, crude prices, demand management, diesel reserves, emergency response, energy crisis, energy security, Fatih Birol, fuel conservation, G7 meeting, global economy, global oil supply, iea, Iran war, oil markets, oil shock, oil stocks, Strait of Hormuz, strategic reserves, supply disruption

IEA signals readiness for further oil release as Iran war disrupts supply

Sydney — The International Energy Agency is consulting governments in Asia and Europe on the potential release of additional emergency