India Oil
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IDBI Bank's $5.6 Billion Sale Gives Centre Breathing Room On Oil. Here's How
The $5.6 billion deal will push asset-sale proceeds past the government's annual target for the first time in seven years.
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"Clean Up Your Act": Team Trump Warns India, China Over Russian Oil Trade
India, meanwhile, said that it remained firmly committed to ensuring energy security for its people and will continue to source supplies from diverse sellers based on market dynamics after the US made a new move to punish such buyers.
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Russian Oil Uncertainty Hangs Over India's Largest Buyers Amid Middle East War
India has relied on discounted Russian oil and relatively secure term Middle Eastern supplies to contain import costs through the past months.
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Iran Blacklists Indian, Pakistani Ships Among 45 For Hormuz "Violations"
One-third of the vessels Iran has threatened to confiscate for breaching Strait of Hormuz transit rules have already been attacked during the Middle East war, an AFP data analysis found.
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Trump, PM Modi Will Resolve Tariff Issue On Russian Oil Trade: US Official
White House adviser says Trump and PM Modi will resolve US tariff issue on India's Russian oil trade.
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India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
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Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates
While crude oil supplies appear relatively better insulated, industries dependent on LPG remain vulnerable if disruptions worsen.
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Earthquakes Hit Venezuela, But Tremors Could Be Felt 14,000 km Away In India
Power outages, damaged transport links and emergency restrictions at ports in Venezuela can slow cargo movements for days or even weeks.
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US Lifts Iran Oil Sanctions: Why India Could Be The Big Winner
The US Treasury has issued a temporary general licence allowing transactions involving Iranian crude oil, petroleum products and petrochemicals.
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US-Iran Peace Deal Could Save India Billions On Oil Import Bill
Lower oil prices from the deal could reduce India's energy import bill and current account deficit, easing pressure on the rupee.
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'India Won't Pay Toll To Pass Through Strait Of Hormuz': Hardeep Puri To NDTV
"There is some arrangement at play with Iran. They have been good to us. I mean, all sides have been good to us," Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said
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Hardeep Puri Explains How India Is Rewriting Its Energy Map As Wars Rage On
Before November 2022, Russia accounted for just 0.2 per cent of India's crude imports. Today, Puri confirmed, India is buying approximately 2.5 million barrels per day from Russia, a 12-fold increase.
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How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
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US Waiver On Russian Oil Ends: Will India Raise Fuel Prices Again?
Fuel Price Hike: India imports more than 85 per cent of its crude oil needs. Any sustained increase in oil prices directly hits inflation.
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India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
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IDBI Bank's $5.6 Billion Sale Gives Centre Breathing Room On Oil. Here's How
The $5.6 billion deal will push asset-sale proceeds past the government's annual target for the first time in seven years.
-
"Clean Up Your Act": Team Trump Warns India, China Over Russian Oil Trade
India, meanwhile, said that it remained firmly committed to ensuring energy security for its people and will continue to source supplies from diverse sellers based on market dynamics after the US made a new move to punish such buyers.
-
Russian Oil Uncertainty Hangs Over India's Largest Buyers Amid Middle East War
India has relied on discounted Russian oil and relatively secure term Middle Eastern supplies to contain import costs through the past months.
-
Iran Blacklists Indian, Pakistani Ships Among 45 For Hormuz "Violations"
One-third of the vessels Iran has threatened to confiscate for breaching Strait of Hormuz transit rules have already been attacked during the Middle East war, an AFP data analysis found.
-
Trump, PM Modi Will Resolve Tariff Issue On Russian Oil Trade: US Official
White House adviser says Trump and PM Modi will resolve US tariff issue on India's Russian oil trade.
-
India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
-
Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates
While crude oil supplies appear relatively better insulated, industries dependent on LPG remain vulnerable if disruptions worsen.
-
Earthquakes Hit Venezuela, But Tremors Could Be Felt 14,000 km Away In India
Power outages, damaged transport links and emergency restrictions at ports in Venezuela can slow cargo movements for days or even weeks.
-
US Lifts Iran Oil Sanctions: Why India Could Be The Big Winner
The US Treasury has issued a temporary general licence allowing transactions involving Iranian crude oil, petroleum products and petrochemicals.
-
US-Iran Peace Deal Could Save India Billions On Oil Import Bill
Lower oil prices from the deal could reduce India's energy import bill and current account deficit, easing pressure on the rupee.
-
'India Won't Pay Toll To Pass Through Strait Of Hormuz': Hardeep Puri To NDTV
"There is some arrangement at play with Iran. They have been good to us. I mean, all sides have been good to us," Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said
-
Hardeep Puri Explains How India Is Rewriting Its Energy Map As Wars Rage On
Before November 2022, Russia accounted for just 0.2 per cent of India's crude imports. Today, Puri confirmed, India is buying approximately 2.5 million barrels per day from Russia, a 12-fold increase.
-
How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
-
US Waiver On Russian Oil Ends: Will India Raise Fuel Prices Again?
Fuel Price Hike: India imports more than 85 per cent of its crude oil needs. Any sustained increase in oil prices directly hits inflation.
-
India Loses $18.3 Billion On Edible Oil Imports. Why Don't We Produce It?
India imports 15-16 million tonnes ofedible oil annually because farmers see oilseeds as "risky" crops.
