The United States Government has allowed a temporary 30-day window for countries to purchase Russian oil shipments currently stranded at sea amid tightening sanctions on Russia. The move aims to ease disruptions in global energy markets while giving buyers time to adjust to new restrictions.


US Grants 30-Day Window for Countries to Buy Russian Oil Stranded at Sea

The spike in oil and natural gas prices from the Iran conflict may seem eerily similar to the 2022 energy crisis. But the economic backdrop now looks very different. In this next report, from the jobs market to monetary policy, we dive into what has changed over the past four years. 


US-Iran War: Is 2022 The Right Playbook For How Iran Crisis Plays Out?

Global investors are bracing for heightened market volatility as geopolitical tensions in West Asia escalate, impacting oil shipping routes and critical infrastructure.

As a result, oil prices surged above $110 per barrel for the first time since July 2022, marking a dramatic 90% increase since the December lows. The spike recalls the last major energy crisis when Russia invaded Ukraine, sending Wall Street stock futures crashing and reigniting concerns about global inflation and energy security.

Oil Surges Above $110 | Prices Up 90% Since December Amid West Asia Tensions

The US has temporarily allowed India to buy Russian oil currently stuck at sea in an effort to keep global supplies flowing and temper further price increases.

The US treasury has issued a 30-day waiver allowing India to buy Russian oil, having previously imposed heavy sanctions related to the war in Ukraine.

Bessent: We May Unsanction Other Russian Oil

The US Economy, which had shown signs of resilience after months of trade tensions and policy uncertainty, is now facing a fresh and potentially far more complex test. The key question now: will this remain a contained geopolitical shock or escalate into a prolonged conflict that reshapes the US Growth story for 2026?


US-Iran War: Oil at $120? Worst-Case Scenario Flags US Recession Risk

India’s energy security is back under strain as the West Asia conflict disrupts critical supply lines. The immediate trigger is Iran’s closure of the Strait of Hormuz, a narrow shipping corridor that carries a fifth of global oil trade.


US-Iran War: India's Oil Imports Face Strain After Closure of Hormuz

Amid fears of prolonged disruptions to Middle Eastern oil, liquefied petroleum gas (LPG), and liquefied natural gas (LNG), Russia has offered to continue its energy supply to India. Diplomatic sources say, "Russia ready to full fill India's energy demands in case of continued disruption on energy supplies due to the West Asia crisis."


Iran-Israel War: Russia Says It Can Meet India's Energy Supplies Amid War

Shipping across the Gulf has been halted as tensions escalate in the region. Analysts warn oil prices could touch $100 per barrel, affecting global trade and energy markets. Stay updated on the latest developments impacting maritime operations, crude oil prices, and regional geopolitical risks.


US-Iran War: Analysts See Oil Touching $100 on Gulf Tensions

Foreign Secretary Vikram Misri emphasized India's strategic diversification of crude oil imports, balancing supplies from Russia, Middle East majors (Iraq, Saudi Arabia, UAE), and the US to ensure energy security amid global volatility.



Foreign Sec. Misri: India Has Always Had a Strategic Mix of Crude Oil Sources

Cuba faces a dire fuel shortage with oil reserves projected to last only 15-20 days, exacerbated by U.S. sanctions halting Venezuelan shipments and pressuring Mexico, plunging the island into blackouts and economic turmoil.


Cuba's Oil Crisis: Just 15 Days Left Amid U.S. Blockade

President Trump said the U.S. has taken the Venezuela oil aboard seven recently-seized tankers — but the location of the ships remains a mystery.

“I’m not allowed to tell you,” the president told The Post in an Oval Office interview on Friday. “But let’s put it this way, they don’t have any oil. We take the oil.”

Trump Says US Has Seized Venezuelan Oil, 'Can't Reveal Where Ships Are Located'

Oil markets remain volatile, torn between escalating geopolitical risks from Iran unrest and Arctic tensions, and harsh supply realities as a rally fades amid fears of oversupply. 

Oil Rally Fizzles: Glut Fears Crush Risk Premium

Oil prices are swinging between geopolitics and fundamentals. Crude briefly surged to multi-month highs on fears of possible U.S. strikes on Iran, before retreating as concerns over a global supply glut resurfaced.


Oil Caught Between Conflict & Excess Supply | World Business Watch

Oil prices are swinging between geopolitics and fundamentals. Crude briefly surged to multi-month highs on fears of possible US strikes on Iran, before retreating as concerns over a global supply glut resurfaced. With forecasters warning of surplus barrels, the oil market is being pulled in opposite directions, leaving prices volatile and the outlook uncertain. 


Oil prices retreat after multi-month highs

Venezuela's interim President Delcy Rodríguez announced reforms centralizing oil dollar revenues into two sovereign funds on January 15, 2026, to stabilize the bolivar and fund reconstruction amid post-Maduro recovery.


Venezuela Pools Oil Dollars in Stability Funds

Global oil prices are swinging sharply as geopolitical tensions flare across key crude-producing regions, fuelling fears of a fresh oil price shock. Analysts warn the volatility could push up inflation, rattle financial markets and limit the scope for interest rate cuts, adding new pressure to the global economy.


Oil Shock Fears Grip Global Markets as Geopolitical Tensions Rise 

Global oil markets are on edge as fears of a possible supply shock grip investors amid rising geopolitical tensions involving Iran and Venezuela. Analysts report that oil prices have climbed to multi-week highs as traders price in risks to crude exports from Iran, where unrest and uncertainty could disrupt output, and uncertainty around Venezuelan supply despite resumed exports. Market watchers warn that escalating geopolitical instability could keep oil prices volatile and heighten concerns about inflation and economic growth worldwide.


Oil Shock Fears Grip Global Markets As Iran And Venezuela Tensions Raise Supply Concerns

Trump warned Cuba that it will no longer receive oil or financial support and urged Havana to reach an agreement with the United States before it is "too late," saying the island once relied heavily on Venezuelan oil and money.

US vs Cuba: Trump Vows To Halt Oil, Money Flow To Cuba From Venezuela

The Strait of Hormuz is a narrow waterway connecting the Persian Gulf to the open ocean. It is the world’s most important oil transit checkpoint. handling around 21 million barrels daily. It supplies 80 per cent of Asia's oil and a quarter of global LNG. 

The Strait of Hormuz is a narrow waterway connecting the Persian Gulf to the open ocean. It is the world’s most important oil transit checkpoint. handling around 21 million barrels daily. It supplies 80 per cent of Asia's oil and a quarter of global LNG.&nbsp;

‘Strait of Hormuz’: Why it matters for global energy markets

Venezuela’s main revenue source now faces fresh turmoil as the latest U.S. Action brings exports to a standstill. PDVSA , the state-run oil company, is cutting production and shutting down oilfields as storage fills up. Despite the turmoil, global oil prices remain steady, cushioned by ample supplies elsewhere.


Venezuela-U.S.: Export Standstill Hits Venezuela’s Main Revenue Source

President Trump has openly stated that the U.S. wants “total access” to Venezuela’s oil and resources. With the world’s largest proven oil reserves, Venezuela is at the center of a high-stakes geopolitical power play. Critics warn democracy may be secondary, as Washington exerts economic and military pressure while framing its actions around migration and drugs.  

Trump Says U.S. Needs 'Total Access' to Venezuela's Oil, Resources | Explained

Recent political and military developments in Venezuela are unlikely to have a meaningful impact on India’s economy or energy security. This is largely because trade ties between the two countries have weakened significantly over the past few years.


India relatively shielded from Venezuela's 'oil quarantine' 

President Trump said US oil firms will invest billions to restore Venezuela's oil infrastructure, following a military operation that captured Nicolas Maduro. Under Trump 2.0, American firms are not only driving record domestic oil and gas output, but they are also asserting their influence globally. This is in keeping with Trump's expansive vision of US Energy domination, which includes his plan for Venezuela.


Geopolitics in 2026: Trump's big bets on defence & oil 

Russia’s oil money is drying up, and faster than anyone expected. Data from the international energy agency shows Moscow’s export revenues plunging to their lowest monthly level since the Ukraine invasion began in 2022.


Russia’s Oil Revenues Sink to War-low

Petrol never fully freezes but thickens at -40°C to -60°C. Diesel struggles much sooner, turning cloudy at 32°F and gelling at 10-15°F when wax hardens and blocks filters. Winter additives prevent gelling, and mixing kerosene helps diesel keep flowing even in -40°C cold.

Petrol never fully freezes but thickens at -40°C to -60°C. Diesel struggles much sooner, turning cloudy at 32°F and gelling at 10-15°F when wax hardens and blocks filters. Winter additives prevent gelling, and mixing kerosene helps diesel keep flowing even in -40°C cold.

Does petrol freeze in extremely cold temperatures?

Moscow’s crude oil shipments dropped sharply in November as U.S. sanctions on Russian energy giants Rosneft and Lukoil took effect. According to data from Kpler, the restrictions have significantly disrupted Russia’s global export flows. This video explains how the sanctions work, the impact on global markets, and what to expect next.


US Sanctions Choke Russian Global Oil Supply, Rouble Faces New Pressure

Do you know petrol has a shelf life? Leaving fuel sitting unused for a few months can cause chemical changes that might harm your engine. Know how long it can last, and why it degrades.

Do you know petrol has a shelf life? Leaving fuel sitting unused for a few months can cause chemical changes that might harm your engine. Know how long it can last, and why it degrades.

Does petrol have an expiry date?

Premium petrol has a higher octane rating but only helps cars designed for it. Most regular vehicles see no mileage improvement, while high-performance engines may gain just 1-2 km/l. Premium fuel’s additives can help engine health, but driving habits matter far more for fuel economy.

Premium petrol has a higher octane rating but only helps cars designed for it. Most regular vehicles see no mileage improvement, while high-performance engines may gain just 1-2 km/l. Premium fuel’s additives can help engine health, but driving habits matter far more for fuel economy.

Do premium petrol variants actually improve mileage?

Petrol is a volatile liquid, which means it can turn into vapour, especially in warm conditions. Petrol evaporates faster in summer heat due to increased temperature and volatility, but modern cars trap vapour for reuse. 

Petrol is a volatile liquid, which means it can turn into vapour, especially in warm conditions. Petrol evaporates faster in summer heat due to increased temperature and volatility, but modern cars trap vapour for reuse.&nbsp;

Why petrol evaporates faster in summer?

Cold weather makes cars burn more fuel due to thicker engine oil, longer warm-up times, denser air and extra strain on batteries and tyres. With winter reducing fuel efficiency by up to 15%, simple habits like correct tyre pressure and smoother driving can help save fuel.

Cold weather makes cars burn more fuel due to thicker engine oil, longer warm-up times, denser air and extra strain on batteries and tyres. With winter reducing fuel efficiency by up to 15%, simple habits like correct tyre pressure and smoother driving can help save fuel.

Does cold weather make your petrol last longer?

After 40 tense days, America’s longest-ever government shutdown may finally end. A bipartisan Senate group has reached a deal to reopen federal operations and reinstate affected employees, ensuring protections against future mass dismissals. As Washington moves toward resolution, millions of Americans wait to see how this political standoff reshapes Capitol Hill’s balance of power.


OIL Gains On Optimism: US Government To Reopen

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