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"Fuel Prices Won't Rise, Don't Panic": Sources Say India To Buy Russian Oil
India will purchase crude oil from Russia, government sources told NDTV Friday morning, providing much-needed assurances on energy supply volatility amid the US-Israel-Iran war.
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Pakistan Down To 28 Days Of Fuel, Eyes WFH, Online Classes Amid Hormuz Crisis
Pakistan is planning to consider Covid-era measures to reduce fuel consumption such as mandatory work-from-home and online classes as it faces a severe energy crisis because of the Strait of Hormuz closure.
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India Continues Russia Crude Import As Iran War Hurts Oil Supply: Sources
India is in a very comfortable situation regarding energy security, government sources have told NDTV Profit, stressing that there is no need to panic amid disruptions in the oil markets due to the Middle East war.
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India Could Be Forced To Play Russia Oil Card If Iran Conflict Drags On
India could increase purchase of Russian crude to offset potentially large-scale energy supply volatility linked to US-Israel-Iran war, particularly after Tehran shut down the Strait of Hormuz, a chokepoint that carries around a fifth of world's oil.
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India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
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US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
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Big Reserves, Cheap Extraction: Why Iran Unrest Trigger Oil Price Swings
Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the country have reignited fears of disruptions to crude supplies, sparking price volatility on global markets.
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Trump Says US Oil Firms To Head Into Venezuela
President Donald Trump said Saturday he would allow American oil companies to head into Venezuela to tap its massive crude reserves after a US military operation that seized the country's leader Nicolas Maduro.
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Will Iran-Israel Conflict Hit India's Oil Supply? Delhi Keeping Watch, Say Sources
India is closely reviewing the Iran-Israel conflict to assess the impact on crude oil and gas supply, sources have said.
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U.S. Stocks End Down Slightly After Early Boost From Powell; Oil Falls
Major U.S. stock indexes ended down slightly Wednesday, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is "strongly committed" to bringing down inflation, while sharply lower oil prices weighed on energy shares.
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"Fuel Prices Won't Rise, Don't Panic": Sources Say India To Buy Russian Oil
India will purchase crude oil from Russia, government sources told NDTV Friday morning, providing much-needed assurances on energy supply volatility amid the US-Israel-Iran war.
-
Pakistan Down To 28 Days Of Fuel, Eyes WFH, Online Classes Amid Hormuz Crisis
Pakistan is planning to consider Covid-era measures to reduce fuel consumption such as mandatory work-from-home and online classes as it faces a severe energy crisis because of the Strait of Hormuz closure.
-
India Continues Russia Crude Import As Iran War Hurts Oil Supply: Sources
India is in a very comfortable situation regarding energy security, government sources have told NDTV Profit, stressing that there is no need to panic amid disruptions in the oil markets due to the Middle East war.
-
India Could Be Forced To Play Russia Oil Card If Iran Conflict Drags On
India could increase purchase of Russian crude to offset potentially large-scale energy supply volatility linked to US-Israel-Iran war, particularly after Tehran shut down the Strait of Hormuz, a chokepoint that carries around a fifth of world's oil.
-
India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
-
US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
-
Big Reserves, Cheap Extraction: Why Iran Unrest Trigger Oil Price Swings
Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the country have reignited fears of disruptions to crude supplies, sparking price volatility on global markets.
-
Trump Says US Oil Firms To Head Into Venezuela
President Donald Trump said Saturday he would allow American oil companies to head into Venezuela to tap its massive crude reserves after a US military operation that seized the country's leader Nicolas Maduro.
-
Will Iran-Israel Conflict Hit India's Oil Supply? Delhi Keeping Watch, Say Sources
India is closely reviewing the Iran-Israel conflict to assess the impact on crude oil and gas supply, sources have said.
-
U.S. Stocks End Down Slightly After Early Boost From Powell; Oil Falls
Major U.S. stock indexes ended down slightly Wednesday, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is "strongly committed" to bringing down inflation, while sharply lower oil prices weighed on energy shares.
