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Oil prices today: Crude eases after spike as Trump, Netanyahu seek to ease concerns over Iran war
Business

Oil prices today: Crude eases after spike as Trump, Netanyahu seek to ease concerns over Iran war

Global crude prices saw a dip on Friday. Statements from US President Donald Trump and Israeli prime minister Benjamin Netanyahu helped calm fears of more attacks on energy facilities. Brent crude moved towards $107 a barrel. West Texas Intermediate for May hovered around $94. This follows a sharp rally due to supply disruptions in the Persian Gulf region.

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7 months ago
US Weighs U-Turn On Iran Oil Sanctions, May Free Stranded Tankers To Boost Supply
World

US Weighs U-Turn On Iran Oil Sanctions, May Free Stranded Tankers To Boost Supply

The United States is considering a significant shift in its energy policy, with officials exploring the possibility of easing restrictions on Iranian oil currently stored aboard tankers at sea. The proposed move is aimed at increasing global supply and easing rising crude prices amid mounting geopolitical tensions. U.S. Considers Easing Iranian Oil Sanctions U.S. Treasury Secretary Scott Bessent indicated that Washington could soon permit a substantial volume of Iranian oil to enter the market. “In the coming days, we may allow Iranian oil that’s already on the water to enter the market—about 140 million barrels,” Bessent told Fox Business Network. He added that such a release could provide a short-term buffer against supply disruptions, potentially stabilizing global oil prices for a brief period of around two weeks. The move would signal a notable departure from Washington’s long-standing strategy of using energy sanctions to exert pressure on Tehran over its nuclear ambitions. Gulf Tensions Disrupt Critical Supply Routes The policy rethink comes against the backdrop of escalating tensions in the Persian Gulf, where Iranian actions have disrupted shipping lanes. In particular, instability around the Strait of Hormuz—a key corridor for global energy trade—has raised alarm among markets and policymakers alike. Roughly one-fifth of the world’s crude oil and liquefied natural gas passes through this narrow passage, making any disruption there a major concern for energy security worldwide. Analysts estimate that more than 15 million barrels per day of oil flows have already been impacted by the ongoing turmoil, compounding fears of tighter supply. Oil Markets React With Volatility Global oil markets have responded sharply to the unfolding developments. Brent crude prices surged by as much as 10 percent before settling at a 5 percent increase, reaching $112.76 per barrel. Traders remain cautious, warning that continued instability in the region could drive prices even higher despite temporary relief measures. The potential release of Iranian oil is seen as a stopgap rather than a long-term solution. Broader Measures To Ease Energy Pressure In parallel, President Donald Trump has introduced additional steps to mitigate energy costs, including a temporary suspension of a longstanding maritime law to streamline shipping operations. Meanwhile, Asian economies—highly dependent on Gulf oil supplies—are increasingly seeking alternatives. Refiners in the region have begun turning toward U.S. crude imports as part of broader efforts to diversify supply chains. As uncertainties persist and infrastructure risks remain elevated, the global energy market continues to navigate a fragile balance between supply shocks and emergency policy responses.

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7 months ago
Dhurandhar 2’s Pirated Version Reached Pakistan, Video From Lahore Goes Viral
Trending

Dhurandhar 2’s Pirated Version Reached Pakistan, Video From Lahore Goes Viral

Much like the first film, Dhurandhar 2, which is banned in Pakistan, has already made its way to piracy platforms and is reportedly being watched there. A video showing a man watching the film in Lahore has gone viral on social media. This comes after the film was released on March 19 worldwide. Earlier, Dhurandhar was also being sold in Pakistan’s piracy market at just Rs 16.  Dhurandhar 2 Being Watched In Pakistan The video was shared by Pakistani journalist Khalid Mehmood Khalid, who appeared to be watching a pirated version at home. “Watching Dhurandhar 2 in Lahore,” he wrote in the caption while sharing the video on X (formerly Twitter). ALSO READ| Amid Dhurandhar 2 Reviews, Day 1 Earnings, Propaganda Vs Patriotic Noise; Arijit Singh ‘Phir Se’ Soothes Hearts In the video, a television screen shows a scene featuring Ranveer Singh as Jaskirat Singh Rangi. Watching Dhurandhar 2 in Lahore.@AdityaRajKaul #Dhurandhartherevnenge pic.twitter.com/6W1dRKaMRM — Khalid Mehmood Khalid (@kmkhalid62) March 19, 2026 How Did Social Media Users React? Social media users were quick to react, with many pointing out a “detail” visible on the TV screen. One user joked, “The TV screen looks slightly cracked. Did you watch the T20 World Cup match on it?” Another user referenced a popular line from the film, writing, “Pakistan ka mustaqbil ab Hindustan tay karega (India will now decide the fate of Pakistan).” ALSO READ| Hamza’s Mission Is Bloodshed, Dhar’s Is ‘Justifying’ Demonetisation - Dhurandhar 2 Day 1 Reviews “Movie’s so good that even Pakistanis are enjoying it,” another user commented. A fourth wrote, “Imagine watching your own downfall as entertainment, only a Pakistani can do that. Peak detailing by Aditya Dhar.” However, not everyone was amused. Some Pakistani users criticised the act of watching a pirated Indian film. “Absolutely no shame, watching a pirated film that demeans Pakistan, right in Lahore,” one comment read. Several users also responded with memes. One joked, “Darr nahi, Dhar ka mahol hai,” while another wrote, “Karachi ki barbadi Lahore mein dekh raha hai.” Dhurandhar 2 Dhurandhar 2 released in theatres on March 19, with paid preview shows held a day earlier. While most Hindi shows ran on time, the Tamil and Telugu screenings were delayed until 9 pm, and the Kannada and Malayalam shows were pushed to the next morning due to technical glitches. Despite these issues, the film recorded an impressive Day 0 collection of Rs 43 crore, while its Day 1 earnings crossed Rs 102.55 crore. The film is the sequel to the first part, which was released in December last year and has so far minted Rs 1300 crore. 

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7 months ago