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Iran, US Tentatively Agree to Renew Truce for 60 Days

Oil & Gas
May 30, 2026

Friday May 29, 2026
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The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran’s nuclear program, a person with knowledge of the matter said.

Oil & Gas
May 29, 2026

India’s Central Bank Warns Oil Shock Threatens Growth

India’s economy remains resilient to the external shocks, but the oil price surge amid the global supply disruption poses near-term downside risks to economic growth and upside risks to inflation,…

Oil & Gas
May 29, 2026

Japan Crude Imports Fell 66% in April

Amid the supply disruption in the Middle East, Japan’s crude oil imports crashed by 66% in April from the same month last year, official Japanese data showed on Friday. Japan…