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
Place
Iran▼ −43% net tone today
- Trump warned Iran would be hit very hard if linked to the Flydubai plane attack
- The US is sending roughly 9,000 troops to the Middle East as Trump weighs new Iran strikes
- Brent crude neared $103 as US-Iran tensions escalated
Stories per day
1527 Sept
8228 Sept
3929 Sept
2730 Sept
221 Oct
252 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
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UN warns fuel subsidies could exceed $1 trillion as Iran war raises energy costs
- UNDP said subsidies could top $1 trillion in 2026
- Governments have used price caps, subsidies and tax rebates as oil prices climbed
- Higher crude costs pressure Indian fuel retailers and government finances
US wants European allies to do this 'immediately' to lower diesel prices
- The US urged European allies to release strategic diesel reserves immediately
- Global fuel prices are surging amid supply disruptions linked to the Iran war
- Higher global fuel prices can pressure Indian oil marketing companies
Hormuz crude flows return to pre-war levels, yet oil may still stay at $90–$100 | Here's why
- Hormuz crude shipments averaged 13.5 million barrels per day over seven days, back to pre-war levels
- Oil may still stay at $90–$100, the report said
- Persistently high crude prices could pressure Indian refiners and fuel retailers
Oil rebounds as Middle East supply and shipping risks persist
- Oil prices rose to $103 per barrel as Middle East supply concerns intensified
- Middle East crude exports recovered to prewar levels, but shipping and US-Iran risks weighed on trading
- Higher crude prices can pressure Indian oil marketing companies and airlines