Topic
oil markets
Energy & Petrochemicals #brent crude#oil markets
Boiling point? Brent crude touches five-week high, here's what analysts expect next for oil markets
Brent crude reached a five-week high above $94 per barrel as US-Iran tensions intensified. Analysts expect prices to remain in the $90-100 range barring a major supply disruption. Key support and resistance levels are identified for traders.
Jul 22, 2026 1 source
Trade Trade Policy #india#export taxes
India raises diesel and jet fuel export taxes as US-Iran tensions tighten oil markets
India increased taxes on diesel and jet fuel exports, citing the collapse of the US-Iran interim peace deal and global fuel market tightness. The diesel levy rose to ₹15.5 a litre from ₹8.50, while gasoline taxes were cut. The fortnightly adjustment mechanism aims to balance local availability with export profitability.
Jul 16, 2026 1 source