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Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and ...
Oman and Qatar were leading efforts to begin ceasefire talks, while mediators said Iran was open to resuming nuclear ...
Global production is well placed to cope with Iranian disruption.
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...
In case the Israel-Iran conflict targets oil facilities, the global economy could suffer deeply. India, which imports 85% of its oil, would be vulnerable to supply shocks ...
While the damage appears limited to Iran’s domestic supply, the targeted gas processing facilities are linked to offshore oil production sites, potentially threatening broader energy flows. US crude ...
However, no oil spill reached the shore as of Monday evening. A defence spokesperson in Kochi said three Coast Guard vessels, Vikram, Saksham and Samarth, have been deployed in a pollution response ...
While the Ukraine war has redirected European focus to the Black Sea, any disruption in the Persian Gulf—through escalation or miscalculation—would immediately reverberate across global oil markets.
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A regional association of Southeast Asian nations ...
However, no oil spill has reached the shore as of Monday evening. A defence spokesperson in Kochi said three Coast Guard vessels, Vikram, Saksham and Samarth, have been deployed in a pollution ...
Clean-up costs exceeded $65 billion, with BP paying $20.8 billion in settlements. Gulf War Oil Spill (Persian Gulf, January 19-28, 1991): Iraqi forces deliberately released oil from Kuwait’s Sea ...
while an ICG Dornier aircraft was flown over the area for aerial assessment and to spray Oil Spill Dispersant (OSD). Maritime advisories have been issued, warning vessels in the region to stay ...