
Industry Minister Kim Jung-kwan on Monday called on major oil refiners to refrain from excessively raising prices amid a recent surge in international crude oil prices due to the ongoing Middle East situation, his office said. ...

Oil prices surged past $100 a barrel as the conflict involving Iran disrupted energy flows through the Strait of Hormuz and rattled global markets. ...

Petrol and diesel prices in India are unlikely to be raised immediately despite global crude oil crossing $110 a barrel amid the escalating Middle East tensions. ...

IT major Tech Mahindra on Monday denied social media rumours that it plans a large‑scale job cut, saying no such proposal is under consideration. ...

South Korean companies are seeking responsive measures to cope with soaring international oil prices as turmoil in the Middle East continues, industry sources said on Monday, while the government called for efforts to stabilise domestic fuel prices. ...

Prime Minister Narendra Modi on Monday called upon academic institutions to transform their campuses into hubs of industry collaboration and research-driven learning to provide students with essential real-world exposure. ...

The government is considering adopting a price cap system for oil for the first time in nearly 30 years, sources said on Sunday, amid concerns over rising energy prices following the escalating conflict in the Middle East. ...

Domestic airlines are scheduling to operate additional non-scheduled flights from the Gulf region on Sunday, subject to approvals from Indian and local authorities, amid the ongoing Middle East tensions. ...

The daily volatility of the Korean won against the US dollar has risen to its highest level since the Covid-19 pandemic amid heightened tensions in the Middle East, data showed on Sunday. ...

The Indian stock markets' sentiment will largely be shaped by persistent geopolitical tensions in the Middle East this week, and the bourses are expected to see volatile movements, analysts said on Sunday. ...