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Latest Updates
June 22, 2026

Crude oil prices moved higher on June 22, 2026, as renewed disruptions in the Strait of Hormuz and uncertainty surrounding early US-Iran peace talks raised fresh concerns about global energy supplies. The geopolitical developments offset expectations of higher crude production from major oil-exporting nations, supporting gains in international…

View on market: Volatility persists, eagerly searching for growth: Global markets presented a mixed picture at the start of the week. Asian markets traded with a positive bias, supported by gains in Japan and South Korea, although investors remained cautious due to ongoing uncertainty surrounding the Middle East…

Latest Updates
June 19, 2026

The Government of India has reportedly asked Oil and Natural Gas Corporation (ONGC) to develop the country's next Strategic Petroleum Reserve (SPR) at Mangaluru, Karnataka, according to media reports. The proposed underground crude oil storage cavern is estimated to cost around ₹15,000 crore and is expected to significantly…