Tensions in the Strait of Hormuz reached a boiling point after a UAE tugboat exploded and sank, leaving three Indonesian sailors unaccounted for. The Musaffa 2 was responding to an …
Strait of Hormuz
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President Trump remains unfazed by fuel cost anxieties as US forces engage Iran in a decisive military push. Speaking to journalists on Air Force One, he declared abundant global oil …
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Amid swirling rumors of energy shortages, senior government officials in New Delhi have firmly rebutted concerns over India’s vulnerability to global oil shocks. The nation boasts stockpiles exceeding 250 million …
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In a bold move to steady volatile energy markets amid Middle East flare-ups, the United States may temporarily relax sanctions on Russian oil, especially for reliable partner India. Fox Business …
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Washington has rolled out a groundbreaking $20 billion reinsurance initiative to fortify shipping in the Gulf amid soaring Iran-related risks. The U.S. International Development Finance Corporation (DFC) and Treasury Department …
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The flames of war in the Middle East are licking at the foundations of global energy security. Qatar’s top energy official, Saad al-Kaabi, has sounded the alarm: Prolonged conflict could …
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The U.S. Treasury Department has authorized a one-month grace period for Indian companies to finalize Russian oil deals for cargoes currently at sea. This strategic shift follows six days of …
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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 …
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As the world watches with bated breath the unfolding crisis in the Middle East triggered by the Iran war, Adani Total Gas Limited stands firm. The joint venture between Adani …
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As war in Iran sends shockwaves through international energy corridors, India remains insulated with robust petroleum reserves. Crude oil, refined products like petrol and diesel, plus LPG cylinders are well-stocked, …