Bharat Express DD Free Dish

oil markets

Oil prices fall despite rising tensions in the Strait of Hormuz, as markets assess supply risks, profit-taking emerges, and volatility persists.

Japan plans to release additional crude reserves as tensions around the Strait of Hormuz raise supply concerns, aiming to stabilise domestic energy markets.

Oil firms raise premium petrol prices by over Rs 2 per litre as crude oil surges, while regular petrol and diesel rates remain unchanged.