How US, Iran tension might impact crude oil prices

How US, Iran tension might impact crude oil prices

Oil rose to multi-week highs on Monday after OPEC indicated it would probably maintain production cuts that have helped support prices this year, while tension continued to escalate in the Middle East.

India ready to deal with impact of U.S. sanctions on Iran

India ready to deal with impact of U.S. sanctions on Iran

India is ready to deal with the impact of U.S. sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar told a news conference on Thursday.

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