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Outlook Business

Business News: Stay informed with the latest business and finance news and updates on share market, budget, IPO, crypto, financial markets, global economies and banking news.

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News

Outlook Business
outlookbusiness.com > news > iran-attacks-us-base-oil-nears-100-after-jordan-strike

Iran Attacks US Base: Oil Nears $100 After Jordan Strike – Outlook Business

4+ day, 12+ hour ago   (576+ words) Iran’s attack on a US military base in Jordan and threats against Gulf oil tankers have intensified the conflict, pushing Brent crude closer to $100 a barrel amid growing concerns over Strait of Hormuz disruptions Revolutionary Guards claimed a missile attack…...

Outlook Business
outlookbusiness.com > economy-and-policy > iraq-oil-exports-jump-73-on-hormuz-nod-petrochina-and-reliance-lift-10-mn-barrels

Iraq Oil Exports Jump 73% On Hormuz Nod, PetroChina And Reliance Lift 10 Mn Barrels – Outlook Business

1+ week, 3+ day ago   (471+ words) PetroChina loaded 6 million barrels from the Basrah terminal in July and August combined. Reliance Industries received 4 million barrels of Basrah crude in August, and has also chartered a very large crude carrier at a record freight rate to transport Iraqi…...

Outlook Business
outlookbusiness.com > news > indias-big-oil-shift-venezuela-crude-imports-surge-64-as-russian-supplies-fall

India’s Big Oil Shift: Venezuela Crude Imports Surge 64% As Russian Supplies Fall – Outlook Business

1+ week, 5+ day ago   (605+ words) India’s crude oil sourcing shifted sharply in August as Venezuelan imports hit their highest level since 2020, while Russian shipments fell to a four-month low amid tighter supplies and rising geopolitical pressure Venezuelan crude imports surged 64% month-on-month to 358,000 barrels per day…...

Outlook Business
outlookbusiness.com > news > trump-vs-oil-refiners-inside-the-high-stakes-push-to-cut-us-gas-price

Trump vs Oil Refiners: Inside The High-Stakes Push To Cut US Gas Price – Outlook Business

1+ week, 6+ day ago   (568+ words) US President Donald Trump is set to meet oil refiners at the White House as gasoline prices stay above $4 a gallon, putting pressure on an industry that has reported bumper profits amid the Iran conflict Trump is set to meet…...

Outlook Business
outlookbusiness.com > news > irans-supreme-leader-warns-gulf-rulers-divisions-will-only-help-your-enemies

Iran’s Supreme Leader Warns Gulf Rulers: Divisions Will Only Help Your ‘Enemies’ – Outlook Business

2+ week, 7+ hour ago   (604+ words) Iran’s Supreme Leader Mojtaba Khamenei has urged Gulf rulers to unite against what he called their “real enemy”, as the Iran-US-Israel conflict raises security risks across West Asia Khamenei called on Gulf Arab leaders to identify and confront their “real…...

Outlook Business
outlookbusiness.com > news > who-paid-the-price-for-hormuz-crisis-330-billion-fossil-fuel-shock-revealed

Who Paid The Price For Hormuz Crisis? $330 Billion Fossil Fuel Shock Revealed – Outlook Business

2+ week, 2+ day ago   (1012+ words) The US-Israel war with Iran has left fossil fuel importers with an estimated $330 billion additional bill in six months, with India, China and the European Union among the hardest hit Fossil fuel importers paid $330 billion more than pre-war market expectations,…...

Outlook Business
outlookbusiness.com > news > iran-wars-biggest-economic-casualty-qatar-loses-24-billion-in-gas-revenue

Iran War’s Biggest Economic Casualty? Qatar Loses $24 Billion In Gas Revenue – Outlook Business

2+ week, 4+ day ago   (636+ words) Six months of conflict between the US and Iran has hammered Qatar’s LNG industry, with exports plunging 96%, gas revenues falling by nearly $24 billion and key infrastructure facing years of repairs Qatar shipped just 18 LNG cargoes over the past six months,…...

Outlook Business
outlookbusiness.com > news > strait-of-hormuz-crisis-iran-oman-seek-safe-passage-amid-us-pressure

Strait Of Hormuz Crisis: Iran, Oman Seek Safe Passage Amid US Pressure – Outlook Business

2+ week, 4+ day ago   (647+ words) Iran and Oman have resumed talks on securing navigation through the Strait of Hormuz, as shipping remains disrupted, a tanker comes under attack and Washington tightens economic pressure on Tehran Iran and Oman discussed creating a temporary joint navigation corridor…...

Outlook Business
outlookbusiness.com > news > washington-hits-4-indian-firms-over-120-mn-iran-petrochemical-trade

Washington Hits 4 Indian Firms Over $120 Mn Iran Petrochemical Trade – Outlook Business

2+ week, 4+ day ago   (537+ words) The US has widened its Iran sanctions campaign to India, targeting four companies and three nationals linked to more than $120 million in Iranian petrochemical imports, as Washington steps up pressure on Tehran’s global trading network The US sanctioned four India-based…...

Outlook Business
outlookbusiness.com > news > iran-sanctions-shock-why-india-could-face-higher-crude-and-freight-costs

Iran Sanctions Shock: Why India Could Face Higher Crude And Freight Costs – Outlook Business

2+ week, 5+ day ago   (533+ words) The latest US sanctions on Iran could create second-order risks for India, with tighter global oil competition, surging freight and insurance costs potentially widening the import bill and adding to inflationary pressures Disruptions to Iranian oil flows may push Chinese…...