Qatar Energy Minister warns oil could touch $150 in weeks if Iran war continues

IANS | March 6, 2026 6:14 PM

New Delhi, March 6 (IANS) Qatar’s Energy Minister Saad al-Kaabi has warned that war in the Middle East continuing for a "few days" could cause Gulf exporters declaring force majeure, halting deliveries, pushing oil to $150 a barrel and natural gas to $40 per MMBtu (Metric Million British Thermal Unit) within weeks.

Amid war of words over Russian oil waiver, BJP digs out 2012 US ‘instructions’ as counter

IANS | March 6, 2026 4:58 PM

New Delhi, March 6 (IANS) Beleaguered with charges of capitulation and surrender before foreign forces, the Bharatiya Janata Party (BJP) on Friday came up with a counter to blunt Opposition’s attack on the crude oil deal and shared ‘instructions’ from two erstwhile US Secretary of States including Hillary Clinton, directing multiple countries including India to cut down their volume of oil imports from Iran.