All news stories and reports tagged with #India oil imports.
In a rallying cry for energy independence, Union Minister Nitin Gadkari urged India to target complete 100% ethanol blending in fuels soon. At a key green energy conclave in New Delhi, he warned of...
The recent strikes on Gulf energy facilities have ignited a crude oil price rally, poised to deliver substantial profits to upstream oil companies and service providers. Downstream refineries and...
Geopolitical fireworks in the Middle East have triggered a bold move by India: a sharp increase in Russian crude imports. Tankers that set sail for China are now docking in Indian ports, underscoring...
A Rs 3 per litre hike in petrol and diesel prices announced Friday has experts predicting a boom in renewable energy investments and supply chain diversification, amid soaring global crude rates....
In a timely clarification, Maharashtra Home Minister Yogesh Kadam addressed rising concerns over LPG availability following the Centre's order to suspend commercial gas supplies. He assured the...
In a pointed attack on Congress leadership, BJP parliamentarian Jagdambika Pal declared that petrol and gas supplies across India are completely normal, dismissing opposition narratives as...
Global crude benchmarks steadied Tuesday with modest gains, paring back Monday's frenzied 10% surge triggered by Iran-West Asia conflict escalation and threats to the vital Strait of Hormuz oil...
Tensions in the Middle East boiled over into energy markets Thursday, as attacks on vital oil and gas facilities propelled crude prices upward by over 4 percent. Brent crude for April delivery traded...
In a move that sent shockwaves through energy markets, crude oil benchmarks soared on Tuesday, with Brent crude climbing 2.81% to $103.03 per barrel and WTI advancing 2.80% to $95.03. The surge,...
Global oil prices reversed course dramatically on Friday, shedding gains accumulated over the past week following the ignition of Israel-Iran hostilities. The surge had pushed crude up over 15%, but...
Tensions in the Middle East have ignited a crude oil price surge, with Brent crude crossing $83 per barrel on Thursday after a more-than-2% rally. Iran's decision to shutter the Strait of Hormuz has...
The escalating US-Iran showdown threatens to ignite global energy markets. A new analysis warns that interference in the Strait of Hormuz could propel crude oil to $90 per barrel, with a full-blown...
Tensions in West Asia have reached a boiling point, prompting the UAE to make a dramatic announcement: it's severing ties with OPEC starting May 1. This follows Iran's alleged strikes on Gulf...
The world watches anxiously as the Strait of Hormuz remains a flashpoint in US-Iran tensions. Former Major General Dhruv Katoch, a seasoned defense analyst, foresees inevitable oil price spikes if...
The Strait of Hormuz, a narrow waterway linking the Persian Gulf to the open seas, is choking under escalating Middle East strife. This chokepoint carries one-fifth of global oil trade, making it...
US Energy Secretary Chris Wright dropped a significant disclosure on March 6: America has reached out to India to snap up Russian oil floating in tankers near South Asia. This short-term ploy aims to...
A dramatic escalation in the Middle East has crude oil prices on edge, with Brent crude jumping 2% to $72.48 per barrel amid a sweeping US-Israel military offensive against Iran. The bold strikes...
US President Donald Trump ramped up pressure on Iran Tuesday, issuing a stark ultimatum from the White House: secure a nuclear deal soon or brace for dire repercussions. 'If there's no deal, things...
India has officially responded to remarks made by former US President Donald Trump, who claimed that Prime Minister Narendra Modi had pledged to cease Russian oil purchases. A spokesperson for...
India's reliance on Russian crude oil is diminishing, with imports seeing a noticeable decline. This shift coincides with an increase in oil shipments originating from the United States. According to...