Why has oil not hit $100 a barrel?

by dharm

March 3, 2026 · 4:06 PM

Crude has surged as flows through Strait of Hormuz dry up, but so far reaction is muted compared with past oil shocks

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finance

India has 25 days of crude oil in reserve and 25 days each of petrol, diesel stock: Government sources

March 3, 2026

Concerns over India’s fuel stock position emerged as tensions escalated in West Asia, with Iran and Israel along with ally United States engaging in a conflict, that led to the closure of the Strait of...