global energy market
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Economy
Iran War Sends Shockwaves Through UK Energy Market, Inflation Rises
DID Press: The war involving Iran has disrupted Britain’s energy market, driving up gas and electricity prices and interrupting the country’s recent decline in inflation, according to an analysis by The Guardian. The renewed energy shock is increasing pressure on…
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Economy
Brent Crude Rises Above $90 as Hormuz Disruptions Deepen Supply Concerns
DID Press: Brent crude oil prices briefly climbed above $90 a barrel on Tuesday, as fading hopes for a breakthrough in U.S.-Iran negotiations and continued disruption to shipping through the Strait of Hormuz intensified concerns over global energy supplies. Reuters…
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Economy
India’s Russian Oil Imports Hit Highest Level of 2026
DID Press: India’s imports of Russian crude oil climbed to their highest level of 2026 in June, reaching 2.73 million barrels per day, up sharply from 2.14 million barrels per day in May. According to data from the Centre for…
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Development
Iran Records Highest Oil Revenue in Region
DID Press: According to Reuters, data on March oil exports show that Iran has achieved the highest growth in oil revenue in the region, securing the top position, even as the area continues to face tensions and instability. The report…
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