Crude oil prices fell sharply in global trade after fresh signs of easing geopolitical tensions in West Asia raised hopes of improved regional stability. Benchmark Brent and WTI crude declined as traders reacted positively to ceasefire developments
17 April,2026 01:42 PM IST | Mumbai | mid-day online correspondent-1776404837992_d.png "S Korea to support bottom 70 pc with USD 4.1 billion cash amid rising oil prices")
South Korea has announced a 6.1 trillion won (USD 4.12 billion) cash assistance programme to support the bottom 70 per cent of income earners amid rising oil prices and economic pressure from the West Asia crisis
17 April,2026 11:20 AM IST | Seoul (South Korea) | ANI
The Ministry of Petroleum and Natural Gas has assured that LPG supply across the country remains stable despite challenges caused by the current geopolitical situation. The government has also prioritised essential sectors, boosted alternative fuel use, and taken action against hoarding
16 April,2026 09:21 PM IST | Mumbai | mid-day online correspondent
The blockade of the Strait of Hormuz continues to impact global shipping, with German logistics giant Hapag-Lloyd reporting that around 150 sailors remain stranded aboard six vessels in the region
16 April,2026 09:21 PM IST | Mumbai | mid-day online correspondentADVERTISEMENT
