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World Cup Visitors Face Hidden Heat Risk Around Dallas Stadium Bidar Contractor Alleges Misuse of Ram Mandir Donations, Names MLA and RSS Leader On the occasion of the auspicious Jyeshtha Pournami, a grand circumambulation of Indrakeeladri Hill was held. South Central Railway Expands Freight Network with Veldurthi's First Pig Iron Container Service Cricket Administration Seeks Legal Action Over Alleged Unauthorized Tournaments World Cup Visitors Face Hidden Heat Risk Around Dallas Stadium Bidar Contractor Alleges Misuse of Ram Mandir Donations, Names MLA and RSS Leader On the occasion of the auspicious Jyeshtha Pournami, a grand circumambulation of Indrakeeladri Hill was held. South Central Railway Expands Freight Network with Veldurthi's First Pig Iron Container Service Cricket Administration Seeks Legal Action Over Alleged Unauthorized Tournaments

Iran War Oil Crisis: Global Prices Surge Amid Strait Blockade

Brent Crude Hits $78 as Hormuz Closure Threatens 30% of World SupplyDescription: The escalating Iran-US-Israel conflict has sent shockwaves through global energy markets,

Asian Media Network | Published on: Mar 4, 2026, 1:19 AM
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Brent Crude Hits $78 as Hormuz Closure Threatens 30% of World SupplyDescription: The escalating Iran-US-Israel conflict has sent shockwaves through global energy markets, with Brent crude oil prices jumping 10% to $78.52 per barrel following Iran's blockade of the Strait of Hormuz— a vital chokepoint for 20-30% of the world's oil shipments.

 Supreme Leader Khamenei's death has intensified fears, pushing WTI crude to $75 and analysts warning of $100-150 peaks if hostilities persist.

 Shipping and insurance costs are soaring, with India's petrol prices already up ₹10-15, amplifying economic strain on import-dependent nations.

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