Crude Oil

Oil prices surge after US seizes Iran ship

Oil prices surge after US seizes Iran ship

Global oil prices surged sharply after the United States seized an Iranian cargo ship in the Gulf of Oman, escalating tensions with Iran and raising fears of further conflict. Brent crude rose over 6%, while US WTI jumped around 7% amid concerns over potential disruptions in the Strait of Hormuz, a key global oil shipping route. 4 days ago
Oil falls after Trump signals Iran pause, Crude oil prices tank up to 20 pc over Iran ceasefire announcement

Crude oil trade 3 pc lower on hopes of fresh US-Iran talks

Global crude oil prices fell up to 3% on Tuesday as hopes of renewed US–Iran talks eased fears of supply disruptions linked to tensions around the Strait of Hormuz. Brent crude dropped to around $96.6 per barrel, while WTI slipped to about $95.69. 10 days ago
140 US troops wounded in Iran conflict: Pentagon

140 US troops wounded in Iran conflict: Pentagon

The Pentagon reported that about 140 US service members have been wounded in the first 10 days of attacks linked to US operations against Iran. Most injuries are minor, with 108 personnel already returned to duty, while eight remain severely injured. Mar 11, 2026
Silver, gold prices drop further over profit booking

Silver, gold prices drop further over profit booking

Gold and silver prices fell on Wednesday as investors booked profits, despite a weaker US dollar and ongoing geopolitical tensions. MCX April gold futures declined 0.52% to Rs 1,62,452 per 10 grams, while MCX May silver futures dropped 1.69% to Rs 2,73,150 per kg. Mar 11, 2026
Oil prices plunge 30 pc from record high, slip below $90 a barrel

Oil prices plunge 30 pc from record high, slip below $90 a barrel

The decline followed Trump's statements that the campaign against Iran would conclude "very soon" and that the Strait of Hormuz would remain secure. The easing came after prices had surged past $100 per barrel due to tensions disrupting energy flows. Mar 10, 2026
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