US Edition10 Articles
10 Articles
An increase in oil prices has a significant impact on India's imports. If the price of oil increases by even $1, India has to pay an additional ₹16,000 crore. Oil prices have already risen due to the war. Before the war, the price of oil was ₹566 per barrel, which has now increased.
The Mexican mix of oil continues to rise after the attack by the United States and Israel against Iran. The tension in the Middle East and the blockades in the Strait of Ormuz, a channel controlled by Iran, continue to push international crude prices upward, including the Mexican one. The Mexican mixture closed this Wednesday at $70.38 per barrel, an increase of 10.9% over last week’s closure, before the offensive in Iran. This price increase, a…
The war between the US and Israel against Iran reaches its sixth day with new exchanges of attacks, increasingly intense and precise.The Trump administration took the conflict to international waters, with the sinking of an Iranian frigate in front of Sri Lanka, and Tehran increased the radius of the conflict with the launch of a missile against Turkey that was intercepted by NATO.Despite the differences between Western countries due to the Span…
Oil prices continue to rise in the world market, fuelled by increasingly violent tensions in the Middle East, particularly with the ongoing conflict between the US-Israel tandem and Iran, since the night of 27-28 February 2026. On 5 March 2026, at around 18:00, the price of the US-listed West Texas Intermediate barrel (WTI) jumped by more than 6.07 per cent to US$79.19 per barrel, its highest level since January 2025. For its part, the Brent, th…
US-Israel’s war on Iran – mostly negative scenarios for the Pacific
ANALYSIS: By Stephen Howes and Rubayat Chowdhury There is no doubt that the war Israel and the United States have launched against Iran will have global economic consequences. While it is difficult to know what those consequences will be, it is hard to see them as positive, and they could be very, very negative. Already we have seen oil prices spike by 8 percent since last week, and by much more since January. Oil prices reached above US$100 a b…
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