In Graphics: How the cost of Iran war piled up
- India paid more for crude oil despite importing less as prices rose
- Higher import costs can pressure Indian oil marketing companies
Topic
Geopolitics● −9% net tone today
- Mediators are working with Iran and the US on a deal to end fighting and open the Strait of Hormuz
- Crude oil above $100 a barrel weighed on Indian stocks as hopes for a US-Iran deal faded
- Brent crude rose above $106 a barrel after Trump rejected Iran’s ceasefire conditions
Stories per day
4227 Sept
10628 Sept
7029 Sept
6030 Sept
481 Oct
572 Oct
13 Oct
Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count
- Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
- Business Standard says 13 cargoes came from Qatar and six from the UAE
- More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG