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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran
Brent futures were trading down 23 cents, or 0.26 per cent lower, at $87.57 a barrel at 0023 GMT
Witkoff said the denial came during a phone call that US President Donald Trump had with Russian President Vladimir Putin on Monday
G7 finance ministers said on Monday they were ready to release oil from strategic reserves to help lower prices, if necessary
The IRGC also played the decisive role in elevating Mojtaba Khamenei as supreme leader after Ayatollah Ali Khamenei was killed in the opening US-Israeli strikes
Trump told reporters in Florida on Monday that his administration was lifting sanctions on some countries as part of efforts to stabilise the oil market, but declined to provide details
Peskov was speaking a day after Putin spoke by phone to US President Donald Trump and, according to the Kremlin, shared proposals aimed at ending the war in Iran quickly
India, which meets nearly two-thirds of its edible oil demand through imports, also buys palm oil from Indonesia, Malaysia and Thailand, with shipments typically reaching its ports in about a week
India has invoked emergency provisions and declared force majeure, reprioritising natural gas supplies to key sectors such as households and fertiliser plants
Prices for gasoline in the Southeast Asian country have risen by 32 per cent, diesel by 56 per cent and kerosene by 80 per cent since the end of last month
The currency was last up 0.15 per cent at 92.18, still close to its all-time low of 92.3475 hit in the previous session
The Pentagon said U.S. law, not a private company, would determine how to defend the country and insisted on having full flexibility in using AI for any lawful use
A looming blacklist by the United States Department of Defense has pushed Anthropic into a legal battle, with executives warning that the move could wipe out billions in projected revenue.
Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin
The source also said that India has no plans to restrict its fuel exports as it has 'reasonably' comfortable stocks of gasoline, gasoil and jet fuel
The turmoil in energy markets comes at a sensitive moment for the president, who has sought to keep fuel prices low as a cornerstone of his economic message to voters
The Iranians' campaign in the Australian-hosted Asian Cup tournament started just as the US and Israel launched air strikes on Iran, killing the Islamic Republic's Supreme Leader Ali Khamenei
Earlier this year, Embraer and India's Adani Group had announced a memorandum of understanding to establish a final assembly line for the Brazilian firm's first-generation jetliners in India
Several of Saudi Arabia's neighbours have also cut production as shipping in oil transit chokepoint, carrying roughly a fifth of global oil and liquefied natural gas flows, has ground to a near halt
In 2023, BrahMos, a company co-owned by the Indian and Russian governments, told Reuters it was in advanced discussions with Jakarta on a deal worth $200 million to $350 million