Amid rising global oil prices and escalating tensions in the Middle East, Union Petroleum and Natural Gas Minister Hardeep ...

India imports 90% of its energy, with half from West Asia, making it particularly vulnerable to price fluctuations and supply ...

The stock of Bharat Petroleum Corporation Ltd tanked 6.11 per cent, Hindustan Petroleum Corporation Ltd tumbled 5.34 per cent and Indian Oil Corporation dropped 3.91 per cent on the BSE.

Crude oil prices surged Friday, with Brent nearing $78/barrel, driven by escalating West Asia tensions and fears of supply ...

The stock of Bharat Petroleum Corporation Ltd fell by 1.90 per cent, Indian Oil Corporation dropped 1.78 per cent and Hindustan Petroleum Corporation Ltd declined 1.41 per cent on the BSE.

Shares of sectors sensitive to crude oil, such as aviation and oil marketing companies, declined following a surge in Brent ...

Shares of OMCs tumbled on Friday as geopolitical tensions flared in the Middle East after Israel launched an airstrike on ...

Oil marketing companies' shares declined. This happened after Brent crude prices increased significantly. Israel's airstrike on Iran caused this surge. The airstrike heightened geopolitical tensions.

The airstrikes, launched by Israel on Friday, have significantly escalated the ongoing conflict over Tehran's nuclear program, raising the potential for a new war in the Middle East.

On the flip side, the rise in oil prices is beneficial for upstream oil explorers like ONGC and Oil India. Rising oil prices ...