Categories: Business

Oil prices today: Crude falls as Trump pauses attacks on Iranian energy plants; Brent at $105 per barrel

Oil prices are soaring past $100 a barrel as the Middle East conflict nears a month, impacting global supply. Brent crude is trading above $107, while WTI is near $94. Goldman Sachs predicts further increases before a gradual decline. Iran’s tightening control over the Strait of Hormuz and potential new fees on ships are key factors driving these price hikes.

The News Vista

Leave a Comment
Share
Published by
The News Vista
2 weeks ago

Recent Posts

Nasa’s Artemis II crew returns to Earth after record Moon mission

Artemis II astronauts have successfully returned to Earth, splashing down near San Diego after a…

1 hour ago

India must be cautious about West Asia energy reliance: ONGC

2 hours ago

Centre’s fresh CAFE 3 brew seeks to ease life for car cos

New CAFE 3 norms, effective April 2027, aim to slash fuel consumption and CO2 emissions.…

2 hours ago

Chandra asks Air India staff to control costs, improve services

Tata Sons chairman N Chandrasekaran urged Air India employees to prioritize cost control and service…

2 hours ago

Mistry pitches for Tata holdco to go public

Shapoor Mistry, representing the largest minority shareholder, advocates for Tata Sons' public listing, calling it…

2 hours ago

Will Tata Sons get listing waiver? RBI tweak will make it ‘upper NBFC’

The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh…

3 hours ago