"crude-oil"

Finance Minister Nirmala Sitharaman said the government sacrificed over Rs 1 lakh crore annually through fuel excise cuts to cushion consumers from inflation, while defending recent petrol and diesel price hikes as market-driven revisions caused by surging global crude oil prices amid the West Asia conflict

Nirmala Sitharaman said the West Asia crisis could raise fuel and shipping costs for common people and businesses as petrol and diesel prices rose again. She added the government sacrificed Rs 1 lakh crore in revenue through excise duty cuts

Gold and silver prices rose in Mumbai, supported by a weaker US dollar and falling crude oil. MCX gold held above ₹1,59,000 with resistance near ₹1,60,000, while silver surged past ₹2,76,000 amid geopolitical uncertainty and safe-haven demand

Equities surged on Monday as crude oil prices fell below $100, boosting investor sentiment amid hopes of a US-Iran peace deal. Sensex and Nifty gained over 1%, with autos leading, while Hindalco and select stocks declined modestly

Congress accused the Centre of burdening citizens with rising fuel prices while failing to pass on benefits of low crude oil costs. It claimed taxes remain high, import dependence has increased, and inflation is worsening transportation and essential commodity prices

Crude oil prices climbed sharply on Tuesday amid persistent West Asia tensions disrupting global energy supplies. On MCX, June crude futures touched a record Rs 10,044 per barrel before easing slightly. Rising global benchmarks and fresh investor buying supported the continued upward momentum in oil markets

Monaco-based FOWE Eco Solutions claims its water-based fuel emulsion technology can cut fuel use, emissions, and maintenance costs without engine modifications. Tested in ships, refineries, and steel plants, the system could help India reduce oil imports, save forex, and improve industrial energy efficiency

The Centre reduced royalty rates on offshore deepwater and ultra-deepwater oil production to boost exploration and ease industry costs amid global energy volatility. The revised framework lowers levies for initial production years while retaining existing rates for onland and shallow-water categories

The government ruled out fuel rationing despite global energy disruptions, assuring adequate crude and LPG stocks. Oil Secretary Neeraj Mittal said India has diversified imports, maintained strategic inventories and absorbed price shocks through fiscal measures while managing supply risks caused by the West Asia conflict

Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising crude oil prices, a stronger US dollar, and expectations of prolonged higher interest rates impacting global bullion markets

Crude oil prices surged up to 2 per cent as Brent hit $107 per barrel amid escalating Middle East tensions and supply concerns via the Strait of Hormuz. Despite a reported ceasefire move, geopolitical risks kept markets volatile and bullish.

The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains

Iranian forces fired on India-bound vessels in the Strait of Hormuz, halting 13 of 14 ships carrying crude, LPG and fertilisers, triggering returns and delays, as India coordinates for safe passage amid escalating tensions between Iran and the United States

Global crude oil prices declined nearly 2 per cent on Friday as hopes of easing West Asia tensions and a temporary ceasefire between Israel and Lebanon dampened supply concerns, even as markets remained cautious amid ongoing geopolitical uncertainty.

Rising tensions in the Strait of Hormuz amid US-Iran conflict and blockade fears have disrupted global oil supply, pushing crude prices higher. Analysts warn reduced Iranian exports and shipping risks could further strain markets and increase petroleum costs worldwide

Mumbai markets opened lower as Sensex and Nifty declined amid rising crude oil prices and escalating West Asia tensions. Heavy foreign fund outflows further weakened sentiment, increasing volatility, while select stocks gained. Investors remain cautious, tracking geopolitical developments and oil price movements closely

The rupee fell to a record low of 92.63 against the US dollar, pressured by foreign fund outflows, strong dollar demand and geopolitical tensions, even as domestic equities gained and crude prices showed slight easing in global markets.

The Indian-flagged crude tanker Jag Laadki safely docked at Adani Ports Mundra, carrying ~80,886 tonnes of UAE crude oil. The shipment supports refinery operations amid regional supply challenges, following safe passage of LPG carriers through the Strait of Hormuz

Gold prices in India slipped slightly on Thursday while silver rebounded on strong buying. On Multi Commodity Exchange, gold futures declined marginally as global bullion weakened due to a stronger dollar, while silver gained. Meanwhile, the Indian Rupee hit a record low

Gold and silver prices fell as investors booked profits, despite geopolitical tensions and a softer US dollar. MCX gold dropped to Rs 1,62,452/10g and silver to Rs 2,73,150/kg, while crude oil eased below $90, easing inflation concerns