global economy

Hormuz Oil Crisis: Why One Sea Route Can Shake India’s Fuel Prices

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Hormuz Oil Crisis: Why One Sea Route Can Shake India’s Fuel Prices

The Strait of Hormuz is back at the centre of global panic because oil prices have surged sharply amid deepening US-Iran tensions and fears of a long disruption in Gulf energy flows. Reuters reported on April 30, 2026, that global oil prices jumped to a four-year high of more than $122 per barrel as markets … Read more

Why Oil Prices Could Stay Uncomfortably Volatile Well Beyond the Next Headline

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Why Oil Prices Could Stay Uncomfortably Volatile Well Beyond the Next Headline

Oil is not staying volatile because traders are being dramatic. It is staying volatile because the market is trying to price real supply risk, real shipping disruption, and real downstream inflation pressure at the same time. Reuters reported that its March 2026 poll lifted the Brent crude forecast for the year to $82.85 a barrel, … Read more