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Searched Tag: crude oil price surged
Brent crude climbs above $97 as Israel strikes Lebanon amid US-Iran ceasefire, raising supply fears and rattling global markets and investor sentiment.

Crude oil surges above $97 a barrel

April 9, 2026, 09:56 AM - 2 min read

Within minutes of announcing the ceasefire deal with Iran, Brent crude oil prices had declined to the $90.40 per barrel level during Wednesday’s trading session.

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Oil prices surge above $106 as Trump signals escalation against Iran; global stocks fall, gold drops, and investors brace for prolonged market volatility.

Crude oil surges past $106

April 2, 2026, 09:35 AM - 2 min read

Brent Crude surged over 5 per cent to above $106 per barrel as uncertainty over the Strait of Hormuz continued for the fifth straight week.

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Oil stays above $112 as Iran war escalates with Houthi entry, driving global energy costs higher and rattling markets amid uncertainty over peace prospects.

Crude oil prices remain above $112 for second consecutive day

March 29, 2026, 11:03 AM - 2 min read

Trump’s contradictory tone regarding the Iran war has also affected global markets, including gold and silver prices.

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Crude oil jumps above $100 amid Iran war tensions and Hormuz disruptions, raising supply concerns and potential fuel price hikes in India.

Crude oil prices surge back above $100 per barrel

March 26, 2026, 11:56 AM - 2 min read

The Indian energy sector is facing shortages; however, the Ministry of External Affairs rejected claims suggesting that an Indian-origin oil tanker had paid Iran in Chinese currency to be allowed to pass through the global choke point.

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