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The Hindu Businessline

World / The Hindu Businessline

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

The move is designed to show the group is ready to raise supplies once the war stops

3 May 2026 2:11 pm
Reviewing fresh Iran proposal, can resume strikes if they misbehave: Trump

The US President said he was looking at the new proposal sent by Iran on the plane and would talk to the media in Miami

3 May 2026 8:51 am
India-linked tanker laden with cooking fuel attempts Hormuz exit

The Marshall Islands-flagged Sarv Shakti, carrying about 45,000 tons of LPG, moved north through the waterway past Irans Larak and Qeshm islands toward the Gulf of Oman on Saturday

2 May 2026 1:00 pm
What alternatives do Gulf states have to Strait of Hormuz?

Plans and projects to diversify away from Hormuz have been on drawing boards for decades, and those workarounds are now being stress-tested as never before

2 May 2026 10:10 am
Trump says Irans ceasefire 'terminated,' as war powers deadline arrives

In a letter to congressional leaders on Friday, the deadline to come to Congress about the war, Trump said there has been no exchange of fire with Iran since the ceasefire

2 May 2026 9:10 am
Strait of Hormuz traffic drops by over 90%, fewer than 10 ships daily amid West Asia tensions

UKMTO has reported over 40 incidents between March 1 and April 27, including attacks, vessel damage, harassment, and near-misses involving merchant ships navigating the region

1 May 2026 3:59 pm
No relief for India as US retains it on IP Priority Watch List

USTR Section 301 report on IP cites concerns over potential threat of patent revocations; pharma sector remains a focus area

1 May 2026 10:46 am
USTR retains India on priority watch list on IPR; Vietnam faces toughest scrutiny

The USTRs 2026 Special 301 Report designates Vietnam as a Priority Foreign Country, the first such listing in 13 years

1 May 2026 9:19 am
Trump administration claims Iran war ended under ceasefire, avoids Congress approval route

The interpretation has drawn criticism from lawmakers and legal experts, who argue the 1973 law does not permit pausing the timeline

1 May 2026 7:39 am
Trump says Iran dying to make a deal, calls conflict not a war

Meanwhile, Iranian leadership signalled efforts to assert control over the Strait of Hormuz amid rising tensions

1 May 2026 4:49 am
Trump greenlights major oil pipeline linking Canada to US markets

The Bridger Pipeline Expansion, expected to begin construction in 2027, faces environmental opposition and regulatory approvals

1 May 2026 4:29 am
Trump lifts US tariffs on UK whiskey after King Charles visit

The move aims to revive trade links between Scotland and Kentucky, especially in the whiskey and barrel supply chain, while highlighting strong transatlantic ties during the royal visit

1 May 2026 4:29 am
US labour market remains steady as jobless claims fall below expectations

The decline comes despite growing economic headwinds, including elevated inflation, high oil prices and geopolitical tensions linked to the Iran conflict.

30 Apr 2026 7:18 pm
Iran's supreme leader says it will protect its 'nuclear, missile capabilities'

The supreme leader said the only place Americans belong in the Persian Gulf is at the bottom of its waters, as the Strait of Hormuz remains in Tehran's chokehold.

30 Apr 2026 4:38 pm
UAEs OPEC exit exposes deep rift with Saudi Arabia amid Iran war fallout

Abu Dhabi prioritises autonomy over Riyadh-led oil governance; analysts see strategic break in Gulf power dynamics

30 Apr 2026 11:28 am
US says first refunds from Trump tariffs expected around May 11

US court updates process for $166 bn in illegal duties; 21% entries accepted for refund so far

30 Apr 2026 10:58 am
US companies developing small modular reactors to cut costs, boost flexibility in nuclear power: Report

EIA report highlights SMRs and microreactors for data centres, remote sites; DOE offers $900 mn funding support

30 Apr 2026 10:08 am
US Fed holds rates at 3.5-3.75% as four officials dissent amid West Asia uncertainty

FOMC flags solid growth but elevated inflation; future moves to remain data-dependent

30 Apr 2026 8:28 am
Pentagon pegs Iran war cost at $25 billion, analysts say its understated

Experts argue the full cost could be far higher, with daily spending estimates reaching up to $2 billion and major losses in aircraft, missile systems and naval operations adding to the financial burden

30 Apr 2026 5:58 am
US keeps Iran blockade; Trump links move to nuclear deal as oil nears $120

Oil prices have surged sharply, with Brent crude crossing $119 a barrel

30 Apr 2026 5:18 am
Fed keeps rates unchanged; Powell to stay on after chair term

Jerome Powell said he will remain on the Federal Reserve board after his term as chair ends, citing ongoing legal pressures and institutional concerns

30 Apr 2026 5:08 am
Powell's tenure as Fed chief, bookended by Trump, draws to a close

Powell managed to skirt an economic downturn, and indeed his era as Fed chief has seen the lowest average monthly unemployment rate, at 4.6%, of his immediate predecessors

29 Apr 2026 4:16 pm
Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future

Russia is a member of the OPEC+ group of countries and has been coordinating its policies with OPEC members

29 Apr 2026 3:07 pm
Under US law, Trump faces impending deadline to end Iran war. What happens if he ignores it?

Notwithstanding its past ineffectiveness, the War Powers Resolution provides a mechanism for wary Republican lawmakers to try to bring an end to an unpopular war

29 Apr 2026 12:36 pm
Trump tells aides to prep for lengthy Hormuz blockade: reportsays

US shifts toward sustained pressure strategy as hopes for quick deal with Iran fade

29 Apr 2026 12:06 pm
Tehran labels US ship seizures piracy in formal protest to UN Secretary-General Antonio Guterres

Irans diplomat in a letter to Guterres warned that such interceptions pose a direct threat to global merchant shipping

29 Apr 2026 11:56 am
Global forest lossfell sharply in 2025 after hitting record high

Still, the world lost 4.3 million hectares (10.6 million acres) of rainforest an area roughly the size of Denmark, or more than 11 soccer fields every minute, during the year

29 Apr 2026 11:16 am
UAE exit blindsides OPEC and threatens to shake its grip on oil

The exit of the OPECs third largest producer will dent the organisations market power and undermine its credibility, says an analyst

29 Apr 2026 9:35 am