Oil prices today: Crude jumps as Trump dashes hopes of quick Iran war end; Brent tops $111

[ad_1] Oil prices rose sharply on Friday as tensions in the Middle East intensified, with the US launching more strikes on Iran, fueling concerns over the energy supply flows through the Strait of Hormuz. Brent crude, the global benchmark, climbed 7.8% to $109.03 per barrel after soaring beyond the $111 per barrel mark. At the […]

Iran strikes fully loaded Kuwaiti oil tanker at Dubai port; spill risk flagged

[ad_1] Iran struck a fully loaded crude oil tanker anchored off Dubai’s port on Monday, setting it on fire and damaging its hull, Kuwait’s state news agency reported, citing Kuwait Petroleum Corp. The company also warned of a possible oil spill. The incident appears to be the latest in a series of attacks on commercial […]

Texas oil tycoon ordered to pay $1.1 billion after thrashing 2-year-old stepson, leaving him wheelchair-bound for life

[ad_1] A Texas oil heir has been ordered to pay a historic $1.1 billion to the young child he brutally beat, leaving him with severe injuries that require 24-hour care.34-year-old Charles Brooks Jr. will pay $291 million in compensatory damages and $810 million in punitive damages following a civil jury ruling in favour of Madison […]

East India Drums and Barrels jumps on bagging Rs 4.59 crore contract from Indian Oil Corporation

[ad_1] Mumbai, March 27 (Udaipur Kiran): East India Drums and Barrels Manufacturing is currently trading at Rs. 104.15, up by 2.05 points or 2.01% from its previous closing of Rs. 102.10 on the BSE. The scrip opened at Rs. 106.80 and has touched a high and low of Rs. 106.80 and Rs. 103.00 respectively. So […]

Trump extends Hormuz deadline even as strikes continue; oil prices ease: What’s happening in US-Israel vs Iran war

[ad_1] US President Donald Trump has extended a pause on strikes targeting Iran’s energy infrastructure until early April, as Washington signals that diplomacy remains its preferred path forward in the escalating conflict. The temporary halt, announced as a 10-day window, comes amid claims from Trump that negotiations with Tehran are progressing, though the situation on […]

Cuba in darkness again: US oil blockade forces another blackout this week as Havana turns to flashlights

[ad_1] People spend the night in the dark on the Malecon during a blackout in Havana, Cuba, Saturday, March 21, 2026. (AP Photo/Ramon Espinosa) A second power outage in five days— and the third this month — left Cuba without electricity on Saturday, with authorities later attributing it to an “unexpected failure” at a generating […]

Pakistan cancels Republic Day parade as Middle East war triggers oil crisis, strains fuel supplies

[ad_1] Pakistan army (PTI file photo) There will be no Republic Day parade in Pakistan this year, as Islamabad has cancelled its March 23 ceremonial event due to the Middle East crisis, which has triggered an oil crisis in Pakistan amid rising tensions in the Gulf region, the Prime Minister Shehbaz Sharif’s office confirmed, according […]

UAE slams Iran’s ‘terrorist attack’ as missiles target Abu Dhabi’s Habshan gas facility, Bab oil field: Calls it ‘dangerous escalation’ amid war with US-Israel

[ad_1] Gulf on Edge: UAE Condemns Missile Attack on Habshan and Bab Field Amid Iran vs US-Israel War The United Arab Emirates has issued a strong condemnation of what it described as a “terrorist attack” by Iran targeting the Habshan gas facility and the Bab oil field, marking yet another escalation in the rapidly intensifying […]

Watch: Fire erupts again at Fujairah port in UAE, harbour suspends oil loadings

[ad_1] A fire broke out at the Fujairah port in the UAE after the harbour was hit once again by a drone attack. According to the video, thick plumes of smoke could be seen rising into the sky from the area following the strike. Following the strike, the port had suspended oil loadings and damage […]

Evacuate ports, docks in Dubai, Abu Dhabi, Fujairah: Iran warns; claims ‘American hideouts’ in UAE emirates ‘used’ to strike oil hub Kharg Island amid war with US-Israel

[ad_1] Iran Warns UAE Ports: Escalation in Gulf Conflict Threatens Global Trade Amid War With US-Israel The war between Iran, the United States and Israel has entered a dangerous new phase, with tensions spilling across the Gulf and threatening some of the region’s most important economic hubs. In a dramatic escalation, Iranian authorities have urged […]