Oil prices plummeted Monday after US President Donald Trump suggested that ongoing talks between the United States and Iran could end the war.

The Middle East war is set to bring bumper profits for oil and gas producers just as the industry calls for the current windfall tax to be scrapped

India has kept retail fuel prices stable for now by relying on refinery absorption, strong inventories, and diversified crude supplies despite a sharp surge in its oil basket price.

Uncertainty in the Middle East is pushing global oil prices higher, with the national average for gas now climbing toward four dollars a gallon. AAA reports the current average at $3.93, while Texas

By Bharath Rajeswaran March 23 (Reuters) - Indian equities dropped and the rupee slid to a record low on Monday, mirroring a broad risk-off move across Asia as an escalating Middle East conflict kept oil prices elevated and deepened concerns over growth and earnings outlook.

Tight supply and limited storage mean prices could surge to $150–$200+ per barrel, with some analysts warning of extreme spikes if disruptions persist.

US President Donald Trump said strikes against Iranian energy infrastructure and power plants would be postponed for five days following the start of talks with Iran to end the war.

Iran's missile strike injures over 100 in Israel as President Donald Trump issues a 48-hour ultimatum over the Strait of Hormuz. Trey Yingst speaks with former Israeli Prime Minister Naftali Bennett about Iran's missile capabilities.