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Deja vu for India trade as Iran attacks threaten exports, crude oil imports
01 Mar 2026 00:19 GMT
… put India's exports and oil imports into a disarray … of Africa significantly increases fuel consumption and labour costs. … approximately 65% of its crude oil through the Suez Canal … , chairman of the Apparel Export Promotion Council, expressed “grave …
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War Erupts, Oil at $72-73 — Markets Brace for Monday Surge
28 Feb 2026 23:21 GMT
… as $10 per barrel, making its crude highly profitable and … percent of Iranian exports bound for Chinese refineries. Despite ongoing … of the Petroleum Exporting Countries and its allies (OPEC+) is expected … with rumours in the oil industry suggesting the bloc …
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Barclays predicts Brent crude oil will reach $100 per barrel following the US and Israel's strike on Iran
28 Feb 2026 21:16 GMT
… its Brent crude oil futures forecast to around $100 per barrel, up from … oil supply
Iran, along with fellow members of the Organization of Petroleum Exporting … be the third-largest crude oil producer in OPEC by 2025 behind Saudi …
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Oil Could Hit $80 amid Rising US–Iran Tensions
28 Feb 2026 23:14 GMT
… PM
Brent crude could climb to around $80 a barrel if a … destabilize the region.
Latest Oil Prices:
WTI Crude • 67.02 +1.81 … .62 -2.30 -2.84%
Opec Basket • 69.29 -0.40 … strategic importance of Middle Eastern export routes.
U.S. President Donald …
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Oil prices set for swings as U.S.-Israel strikes raise supply uncertainty
28 Feb 2026 21:40 GMT
… Friday.
Iran exports some 1.6 million barrels of oil a day, most … to China, where privately owned refineries are less concerned about the … traffic could see crude push past $90 per barrel and US gas …
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OPEC+ to weigh bigger increase in crude oil supply after Iran attacks by US, Israel
01 Mar 2026 00:19 GMT
… that has pushed up crude prices this year despite … oil production capacity, able to muster an additional 1.8 million barrels … has pledged to bring fuel prices down.
Under the … Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have often …
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OPEC+ may consider larger oil output boost
28 Feb 2026 23:37 GMT
… of the Organization of the Petroleum Exporting Countries and allies - … Strait of Hormuz. Oil LCOc1 hit $73 a barrel on Friday, … driving season, and as crude prices had risen on expectations … Bloomberg News earlier reported that OPEC+ would consider a bigger …
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Oil markets on edge as Iran moves to restrict vital Strait of Hormuz shipping lane, report says
01 Mar 2026 00:51 GMT
… 's most critical oil export route after major U.S … firms have paused shipments of crude oil and fuel through the waterway, Reuters … main global oil price benchmarks, settled near $73 per barrel on … could hit $100 [per barrel], as the market grapples with …
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Global tensions rise as US-Israeli strikes on Iran fuel fears of 'wider war'
28 Feb 2026 21:48 GMT
… already volatile Middle East.
Oil prices poised for volatility … Israeli strikes on Middle East oil supplies.
Earlier projections suggested … more prolonged surge.
Brent crude has already climbed to a … .87. Iran exports about 1.6 million barrels per day, mostly …
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Oil Could Hit US$100 as Iran War Rattles Global Markets
28 Feb 2026 23:20 GMT
… approximately 20 million barrels of oil and oil products transit … ,” León said.
Beyond crude, the conflict is expected … of the Petroleum Exporting Countries and its allies (OPEC+) is scheduled … particularly vulnerable to sustained fuel cost increases. Green …