Goldman Sachs Raises Q4 Brent, WTI Crude Price Forecast Amid Longer Hormuz Disruption

Goldman Sachs raised its Brent and WTI crude oil price forecasts for the fourth quarter of 2026 to $71/67 per barrel from $66/62 as it sees longer disruption to oil…

Trump Taps Strategic Petroleum Reserve in Response to Iran Shipping Attacks

President Trump has ordered the release of 172 million barrels from the strategic petroleum reserve to cushion the blow to global oil supply from the paralysis of the Strait of…

China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply

The Chinese government has moved to ban all fuel exports amid a worsening supply crunch because of the severe disruption in tanker traffic in the Strait of Hormuz. The ban…

Iran May Allow Indian Tankers Through Hormuz Despite Ongoing Shipping Attacks

Iran is set to allow India-flagged tankers to pass through the Strait of Hormuz, an Indian source told Reuters on Thursday amid conflicting reports about the situation at the world’s…

Oman Evacuates Key Oil Port as Iran War Intensifies

Oman has ordered the evacuation of vessels from its key Mina Al Fahal oil port, which sits outside the Strait of Hormuz, in a sign that the disruption to oil…

Top Stories Of The Day: PowerHive Launches VION Battery; India Solar Capacity Hits 136 GW and More…

Vikram Solar’s distributed energy arm PowerHive has launched VION, a new lithium battery brand designed for home backup systems and electric mobility applications. The launch expands PowerHive’s clean energy solutions…

Tata Power Partners With Salesforce To Launch A Fully Integrated AI-Driven Digital Ecosystem For Rooftop Solar, EV Charging And Smart Energy Solutions Across India

Representational image. Credit: Canva Tata Power, one of India’s largest integrated power companies, has announced a new collaboration with Salesforce to drive the digital transformation of its fast-growing rooftop solar,…