India


Oil jumps as US-Iran clashes revive fears over Gulf energy supplies

Oil jumps as US-Iran clashes revive fears over Gulf energy supplies

Jayanta Roy Chowdhury
New Delhi, Jul 8 (UNI) Oil prices climbed sharply on Wednesday as the United States and Iran renewed attacks in the Gulf of Hormuz region, reigniting fears that energy and fertiliser supplies from the Gulf will be choked after weeks of easing crude prices and freer transiting of ships.
Brent crude, the global benchmark, rose more than 3 per cent to USD 76.48 a barrel by Noon, the highest since 23 June, ending a period of declining crude prices brought in by a tentative ceasefire that had calmed markets.

More News

100th martyrdom anniversary of Teja Singh Samundri observed at Gurudwara Rakab Ganj Sahib

18 Jul 2026 | 12:10 AM

New Delhi, July 17 (UNI) Delhi Lieutenant Governor Sardar Taranjit Singh Sandhu on Friday paid heartfelt tributes to a remarkable Sikh leader Sardar Teja Singh Samundri, on the occasion of his 100th martyrdom anniversary, at a commemorative event held at the revered Gurdwara Rakab Ganj Sahib, New Delhi. It was also a deeply personal occasion for the LG as Sardar Samundri was his grandfather.

see more..

'Sheesh Mahal' be retained as 'monument of corruption,' so that people can see how power corrupted a man: Devender Yadav

17 Jul 2026 | 11:30 PM

New Delhi, July 17 (UNI) Delhi Pradesh Congress Committee chief Devender Yadav on Friday said that the 6 Flag Staff Road bungalow in Civil Lines, which the former Chief Minister of the Aam Aadmi Party, Arvind Kejriwal had got reconstructed by spending several crores of tax payers’ money, should be retained as a “Monument of Corruption” by making it a public utility service centre.

see more..

Malhotra urges Delhiites not fall for AAP and Congress' 'misinformation' regarding SIR

17 Jul 2026 | 11:23 PM

New Delhi, Jul 17 (UNI) Delhi BJP president Harsh Malhotra today attacked the Aam Aadmi Party and Congress leaders for "spreading misinformation" around the Special Intensive Revision (SIR) exercise, and stated that no one can delete the vote of any Delhi resident registered only in Delhi, and the BJP will not allow such an action.

see more..

12th meeting of National Committee on Dam Safety stresses on dam safety evaluation, risk assessment

17 Jul 2026 | 11:15 PM

New Delhi, Jul 17 (UNI) The 12th Meeting of the National Committee on Dam Safety (NCDS) held on Friday highlighted the need to expedite comprehensive dam safety evaluation, preparation of emergency action plans and risk assessment study of specified dams.

see more..

JPC defers adoption of draft report on J-K, UT Bills

17 Jul 2026 | 11:13 PM

New Delhi, July 17 (UNI) The Joint Parliamentary Committee (JPC) chaired by BJP MP Aparajita Sarangi on Friday deferred the adoption of its draft report on three key legislations related to Jammu and Kashmir and union Territories, saying the panel unanimously felt that more consultations were required before submitting its report. .

see more..