Maharashtra's FDA has intensified its crackdown on loose and repeatedly reused cooking oil, warning consumers and food businesses to follow food-safety rules. Authorities are also checking oil packaging, labelling, storage and disposal practices across the state.

Maharashtra FDA cracks down on loose oil, reused cooking oil

The US Senate has advanced a long-awaited bipartisan bill to impose more restrictions on major buyers of Russian energy and extend penalties against Iran, paving the way for passage of long-stalled legislation championed by the late Senator Lindsey Graham. The bill allows US President Donald Trump to impose tariffs on the world's top five purchasers of Russian oil or natural gas, including India and China. 


US Senate clears Russia sanctions bill: India, China in focus

Markets are entering a crucial week, with the U.S. Federal Reserve, Big Tech earnings and rising oil prices all in focus.

Fed meet, AI earnings & $100 oil: Markets face crucial week

The Strait of Hormuz is tense, and the oil market is feeling it. Prices spiked overnight, but not everyone is losing. Big refiners are riding a rare margin windfall — crude is expensive, but product spreads are even better. Saudi Arabia has an ace: its pipeline advantage means it can still move oil even if the Strait shuts. That’s paying off big. Meanwhile, the UAE is feeling the heat as Gulf rivals take different routes and different risks. Profit is shifting fast.


Hormuz crisis: Who’s cashing in while oil prices spike

Global oil giants are set to report their strongest quarterly profits since the energy market shock, driven by higher crude prices and resilient demand. But as earnings soar, the industry is once again facing political pressure and renewed scrutiny over windfall gains, energy costs, and calls for tougher regulation.


Oil rally delivers bumper profits, sparks fresh scrutiny of big oil

In the midst of 2026’s volatile energy landscape, major oil and gas corporations are reporting record-breaking profits driven by supply disruptions in the Middle East and fluctuating global oil prices. 


Oil rally delivers bumper profits, sparks fresh scrutiny of big oil 

Organisation of the petroleum exporting countries, or OPEC, has agreed to raise its oil production target by 188 thousand barrels per day from August, extending its phased increase in supply. The decision follows similar output hikes for June and July and is part of the group's plan to gradually reverse production cuts introduced in 2023.

Global oil supply set to rise again in August 

U.S. President Donald Trump has turned his attention to the oil industry, backing a Justice Department probe into oil market practices amid ongoing volatility linked to the Strait of Hormuz crisis. Critics argue the investigation is more political than antitrust-driven, while supporters say it could expose market manipulation and help ease pressure on consumers.


Oil Firms in Crosshairs as Trump Cries Foul, Hormuz Crisis Behind Trump's Oil Industry Ire 

The Strait of Hormuz crisis has exposed a critical weakness in the Gulf's energy lifeline. As fears of future disruptions grow, Saudi Arabia, the UAE and Iraq are fast-tracking pipelines and alternative export routes to reduce dependence on the world's most strategic chokepoint. Here's how the Hormuz scare is redrawing the Gulf's energy map.

Hormuz Wake-Up Call: Hormuz Disruption Sparks Gulf Pipeline Boom

Iran-US deal hopes are shaking global markets. Investors are betting that progress in talks could ease sanctions, restore oil flows and reduce geopolitical risks across the Middle East. As optimism grows, Wall Street futures have climbed while crude prices have fallen sharply.

U.S.-Iran Peace Deal: Markets Bet On Iran Deal As Crude Tumbles, Bitcoin Jumps 

Climate change is reshaping agriculture in unexpected ways. In England, farmers have achieved a remarkable milestone by producing the country's first-ever extra virgin olive oil. As rising temperatures challenge traditional crops and Mediterranean olive growers face worsening droughts and heatwaves, some British farmers are betting that olives could become part of the UK's agricultural future.

Farmers Race to Adapt to Changing Climate

The United States is facing an energy paradox. Strategic Petroleum Reserve barrels were released to help ease fuel prices and protect American consumers during periods of market stress. However, in a global oil market driven by supply, demand and price signals, some of those barrels have ultimately found their way to overseas buyers. 


US Energy Buffer Funds Foreign Oil Buyers

India's fuel subsidies had cushioned inflation to a certain extent, and diversified energy sourcing had eased supply pressures. But with prices rising at the pump and volatility in global crude at elevated levels, the rupee strain remains.

India's Oil Buffer Strains as Rupee Slides 

Oil prices near 100 dollars a barrel are raising fresh fears of another inflation surge.
History shows that when inflation crosses the 3.8% mark, Markets often face sharp corrections.
Our next report shows you how soaring oil prices could impact inflation and global markets.

Rising Oil Prices Fuel Global Inflation Surge, Economies Under Pressure 

Asian markets traded mostly higher after oil prices eased following reports of a delayed U.S. strike on Iran. U.S. futures edged higher after a mixed Wall Street close, as rising oil prices and inflation concerns weighed on sentiment. Tech stocks, including major chipmakers, came under pressure ahead of key earnings, keeping investors cautious.

Markets Rattled By Oil And Tech Jitters | Global Stock Update 

Oil prices have surged sharply after renewed tensions in west Asia raised fresh supply concerns. Brent crude jumped around 4 percent, crossing 105 dollars a barrel, as fears grew over disruptions in the strait of Hormuz, a key global shipping route.
Markets are now watching closely for diplomatic developments and president trump’s upcoming visit to China. Take a look at the next report for more.

West Asia War: 'Ceasefire On Life Support' Rattles Oil Market 

Spirit airlines is staring at a potential shutdown, with the final decision now resting on the US Administration LED by Donald trump. The airline is in advanced talks for a 500 million dollar bailout, but negotiations remain stuck due to disagreements between the government and spirit’s creditors.

Spirit Shutdown Risk Puts 17,000 Jobs In Jeopardy 

US President Donald Trump has defended Washington’s growing involvement in Venezuela’s oil sector, describing US-Venezuela relations as a “joint venture” after new oil and gas agreements were signed with American firms. Trump’s controversial “to the victor belong the spoils” remark has triggered debate over US influence in Caracas following the political upheaval earlier this year. Analysts say Venezuela’s massive oil reserves are becoming central to Washington’s energy strategy amid global supply disruptions.


US President Justifies US Control Over Venezuela

Global oil prices have surged to a four-year high. The rally reflects growing anxiety over energy security, as the gulf remains critical to global crude flows. Analysts point to grave consequences if oil production stops in Iran, with other regions already struggling to restart operations.


West Asia War: Oil Chaos, Markets Shake As War Risk Surges 

The war of words between Iran and the United States is intensifying as Iranian Parliament Speaker Mohammad Bagher Ghalibaf mocked Donald Trump’s claims that Iran’s oil infrastructure was close to “exploding” under US blockade pressure. Ghalibaf said no oil wells had been affected and warned that Washington’s strategy could instead send global oil prices soaring toward $140 per barrel. The escalating standoff around the Strait of Hormuz continues to fuel fears of a deeper global energy crisis.


Iran Mocks Trump Oil Warning as Blockade Tensions Push Crude Toward $140

The Gulf war has disrupted global oil supplies with key export routes under strain, producers are being forced to reroute crude through limited pipeline networks and alternative ports. But these options come with hard capacity limits, leaving a significant chunk of production stranded. As a result, a large volume of oil is being forced offline. In the next news in numbers report we breakdown the supply loss caused due to the war. Take a look. 


Gulf War: Oil Hits Highest Since 2022 as AI Optimism Softens Iran War Fears 

The narrative war between Iran and the United States is intensifying as Tehran openly mocks Washington’s naval blockade strategy. Iran’s Parliament Speaker Mohammad Bagher Ghalibaf claimed that three days into the blockade, “no oil well exploded,” dismissing US predictions of severe infrastructure pressure. He warned that prolonged disruption in the Strait of Hormuz could push global oil prices from $120 toward $140 per barrel, raising fears of a deeper global energy crisis.


Iran Mocks US Blockade as Oil Fears Grow Over Possible $140 Shock 

With every day the Iran conflict and the closure of the Strait of Hormuz continue, the global impacts and economic fall-out increase.
The fate of the world economy now depends on whether, and when a real ceasefire emerges, the stalemate holds, or the conflict widens.

Historic Energy Crisis From Hormuz Closure

United Arab Emirates is set to leave both OPEC and OPEC+ from May 1, marking a major shift in global energy politics. The move could reshape oil production strategies, influence crude prices, and alter alliances within the world’s biggest oil-producing bloc. Analysts say the decision reflects the UAE’s growing focus on independent energy policies and long-term economic diversification.


UAE Pivots From OPEC to Pursue National Interests First

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