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Oil Prices Fall to $80 as Iran Deal Reopens Strait of Hormuz, June 21
Oil prices fall to $80 after US-Iran peace deal. Strait of Hormuz reopens, but petrol prices may take weeks to drop if ceasefire holds.
Oil Prices: Brent Oil Near $79 and WTI Around $75 as U.S.-Iran Peace Deal Revives Hormuz Shipping
Oil prices are falling for a reason that matters far beyond a single trading session. Brent crude futures declined 89 cents (1.12%) to $78.66 per barrel, while US West Texas Intermediate crude dropped 98 cents (1.28%) to $75.81 per barrel on June 18, 2026. The decline followed confirmation that maritime traffic on the Strait of…
Senate Democrats Block Trump’s West Coast Oil Reserve Plan, June 18
Senate Democrats oppose Trump’s West Coast Strategic Petroleum Reserve, claiming it violates law and usurps congressional authority over oil storage.
Bank Closures Across India, June 15-21: Check Your State
Indian banks close selectively June 15-21 for regional holidays. Digital banking remains available. Check RBI schedule for your state.
Kashmir Tightens Security With Hotel CCTV Rules, June 15
Kathua district mandates CCTV in hotels with 15-day footage retention and visitor verification to enhance security and monitor foreign nationals.
Ukraine Drone Strikes Hit Russian Oil Terminal, June 14
Ukraine damages Tamanneftegaz terminal in Krasnodar with drone strikes, disrupting Russian fuel supplies and oil production capacity.
India Caps Diesel Sales at 200L, Bars Bulk Buyers From Pumps June 13
India restricts bulk fuel purchases at retail pumps for 90 days, capping diesel sales at 200 litres daily per customer to prevent hoarding.
Zelenskyy’s Trust Rating Hits 61% as Ukraine War Enters Year 5, June 12
Zelenskyy’s trust rating climbs to 61% in Ukraine poll, but military figures score higher. War now exceeds WWI duration as stalemate continues.
Russia’s Oil Refineries Under Siege as Ukraine Targets Fuel Supply, June 11
Ukraine strikes Russian oil refineries with drones as state fund reserves fall from 6.5% to 1.8% of GDP since war began.