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Rupee falls 0.5% to record low of 95.33 as oil price surge sparks worries

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Trump presented with RISKY secret Iran plan using US ground troops as oil prices plunge global economy into chaos

Trump presented with RISKY secret Iran plan using US ground troops as oil prices plunge global economy into chaos

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Politics is fast. We’re faster. Sign up to the DC Insider newsletter for a front-row seat to American politics… and unlock 3 FREE months of DailyMail+ HERE  By PHILLIP NIETO, US POLITICAL REPORTER Published: 12:59 BST, 30 April 2026 | Updated: 13:35 BST, 30 April 2026 Donald Trump may escalate the Iran war by sending

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Oil prices soar on fears of long supply disruption, US siege of Iran ports

Oil prices soar on fears of long supply disruption, US siege of Iran ports

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US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports. Oil prices soared more than 6 percent on worries about prolonged supply disruption in the Strait of Hormuz and fears of a lengthy US siege of Iranian ports, settling at their highest levels in

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Crude oil nears $120 per barrel amidst escalating Middle East tensions

Crude oil nears $120 per barrel amidst escalating Middle East tensions

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Global crude oil prices are edging close to the $120 per barrel mark as renewed tensions in the Middle East disrupt supply expectations and rattle energy markets, raising fresh concerns for fuel prices. Benchmark crude, including Brent crude, has surged sharply in recent days amid fears of supply constraints linked to geopolitical instability in the

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California Refineries Max Out Jet Fuel While Gasoline Starves 

California Refineries Max Out Jet Fuel While Gasoline Starves 

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By Natalia Katona – Apr 29, 2026, 6:00 PM CDT California’s shrinking refining base is cutting local gasoline output to a decade low, pushing the state into structurally higher import dependence. Price incentives are diverting refinery throughput toward diesel and jet fuel, tightening gasoline supply even as pump prices surge. The import lifeline is under

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Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher

Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher

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The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25 percent when it announces its latest decision. The central bank will also release its updated economic outlook in its quarterly monetary policy report. Economists say the decision comes as policymakers weigh competing pressures on inflation and economic growth. Earlier forecasts

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