The winners and losers of oil’s new world order
Energy expert Jason Bordoff explains the uneven consequences of the war in Iran and the longer term outlook for nations from the US to Russia.
Livemint • 5/16/2026, 8:33:51 AMTopic archive
Oil S
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Iran Says It Has ‘No Trust’ In US After Trump Xi Talks, Hormuz Tensions Remain High
Just hours after US President Donald Trump concluded talks with Chinese President Xi Jinping, Iran signalled deep mistrust toward Washington amid stalled ceasefire negotiations. Speaking in New Delhi, Iranian Foreign Minister Abbas Araqchi said Tehran would continue negotiations only if the US showed seriousness toward diplomacy. He also confirmed Pakistan mediated talks remain stalled while warning Iran is prepared to return to fighting if diplomacy collapses. The remarks come as tensions continue around the Strait of Hormuz, one of the world’s most critical oil shipping routes.
Moneycontrol • 5/15/2026, 6:09:41 PMAfter Fuel Price Hike, BJP Gives The 'Context Behind The Numbers'
The BJP has defended the Rs 3 petrol and diesel price hike, with IT cell chief Amit Malviya saying India saw one of the world’s lowest fuel price increases despite the global oil shock triggered by the West Asia conflict., India News, Times Now
Times Now • 5/15/2026, 4:32:05 AMTensions Over Strait of Hormuz: A Global Chokepoint in Crisis
Recent naval tensions have flared in the Strait of Hormuz, crucial to global oil supply, involving Iran, the U.S., and China. Amid potential U.S. election fallout, the strait's closure heavily impacts global trade, while ongoing diplomatic negotiations spotlight Iran's strategic position and strained international relations.
Devdiscourse • 5/14/2026, 8:32:12 PMRussia assures India on oil supply amid global energy uncertainty
During the BRICS discussions in Delhi, India and Russia also reviewed plans to expand trade cooperation. Both countries aim to increase bilateral trade to nearly Rs 9.57 lakh crore over the next four years, while also promoting transactions in rupees and rubles to reduce dependence on the US dollar.
Zee News • 5/14/2026, 5:59:02 PM