#Energy Prices

Business

Beyond the $200 Fear: Why Global Crude Prices Have Been Saved from the Strait of Hormuz Crisis

Despite the Strait of Hormuz blockade and supply disruptions, global oil prices have avoided the $200 mark due to strategic rerouting and lower Chinese demand.

By PoliticalPedia Editorial Desk · 9 hours ago

World

U.S. Military Strikes Iranian Radar Sites After Drones Launched Toward Strait of Hormuz

U.S. forces intercepted four Iranian drones near the Strait of Hormuz and struck radar sites, as regional tensions spike amid a fragile ceasefire and energy fears.

By PoliticalPedia Editorial Desk · yesterday

World

Putin Denies Profiting from Iran War, Emphasizes Need for Stability

Russian President Vladimir Putin dismisses claims of profiting from Iran conflict-driven energy price hikes, calling for stability and reaffirming ties with India.

By PoliticalPedia Editorial Desk · 2 days ago