Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. — ReutersSaudi tankers carrying 6m barrels pass through Hormuz safely.Iran-US deal expected to release stranded Gulf oil supplies.Lifting sanctions on Iranian oil could…
Related Posts
India to sign trade deal with United States in March, says minister
A general view of the Deendayal Port in Kandla, in the western state of Gujarat, India, September 25, 2024. Reuters
India and the US expect to sign a formal trade deal in March, after which New Delhi will lower tariffs on US goods, Trade Minister Piyush Goyal said on Thursday, giving the…
World Bank forecasts 3.2% GDP growth in FY26, below official estimates
A person enters the building of the World Bank Group, in Washington, United States. — AFP/FileGlobal Economic Prospects points out industrial sector activity.Improvement current account balances because of remittances. Current account deficit to to widen in FY27, due to…
World faces largest-ever oil supply disruption on Middle East war, warns IEA
A pump jack is seen at sunrise near Bakersfield, California.— Reuters/FileGlobal supply to drop by 8m bpd in March due to Hormuz blockade.IEA says recovery of production could take weeks or months.IEA head says oil reserve release has ‘strong impact’ on markets.
The…