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On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
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After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
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How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
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Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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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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India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
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How Gas Inferno At Iran Refinery Mirrors Operation Desert Storm Devastation
In the early hours of Saturday, a fireball lit up the Iranian skyline as an Israeli drone strike hit Phase 14 of the South Pars gas field, one of the world's most vital energy hubs.
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How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
-
Oil Prices Surge Amid Fears of Iran-Israel Escalation
Oil prices risk rocketing further should crude supplies become disrupted from a widening Middle East conflict after Israel struck military and nuclear facilities in Iran, analysts said Friday.
-
Oil Prices Rise More Than $1 Amid Escalating Tensions In Middle East
U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles at Israel.
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"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
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Oil Rebounds As New Iran Sanctions Fuel More Supply Concerns
The rise in oil prices comes after the US announced new sanctions on Iran, and as energy markets stayed focused on supply concerns that have sent prices soaring this year.
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Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
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Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
-
How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
-
Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
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.
-
India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
-
How Gas Inferno At Iran Refinery Mirrors Operation Desert Storm Devastation
In the early hours of Saturday, a fireball lit up the Iranian skyline as an Israeli drone strike hit Phase 14 of the South Pars gas field, one of the world's most vital energy hubs.
-
How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
-
Oil Prices Surge Amid Fears of Iran-Israel Escalation
Oil prices risk rocketing further should crude supplies become disrupted from a widening Middle East conflict after Israel struck military and nuclear facilities in Iran, analysts said Friday.
-
Oil Prices Rise More Than $1 Amid Escalating Tensions In Middle East
U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles at Israel.
-
"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
-
Oil Rebounds As New Iran Sanctions Fuel More Supply Concerns
The rise in oil prices comes after the US announced new sanctions on Iran, and as energy markets stayed focused on supply concerns that have sent prices soaring this year.
-
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
-
Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
