Oil Import
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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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India's Gulf Oil Imports Jump In September As Suppliers Find Way Around Hormuz Risk
Iraq, Saudi Arabia and Kuwait sharply increased oil shipments to India in September as ship-to-ship transfers helped navigate Strait of Hormuz risks.
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'India Buys Oil For Itself, Not To Help Us': Russian Envoy Amid Sanctions
The envoy's comments come amid intensifying Western sanctions and possible secondary tariffs targeting countries that continue to import Russian oil.
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India's US Crude Imports On Track For 20-Month Low As Refiners Pivot To Russian Supplies
Russian crude gains favour as Indian refiners seek heavier grades amid higher shipping costs and geopolitical disruptions.
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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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War Toll: India's Crude Import Bill Shoots 61% In April-June Despite Slip In Volume
Higher global oil prices amid the West Asia conflict push crude and LNG import costs higher even as import volumes decline.
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Trump Backs Russia Sanctions Bill Posing 500% Tariff Threat To India: Report
The situation became more complicated after a temporary US Treasury waiver expired on June 17, 2026. The waiver had allowed India's purchase of Russian crude without attracting sanctions. Its expiry has left India's in a legal grey zone.
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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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Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
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India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
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Tanker Traffic Shows India's Russian Crude Imports Set To Break Historical Records: Expert
Energy expert Anas Alhajji points to an unprecedented rise in Russian crude tankers arriving at Indian ports as refiners ramp up purchases.
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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 Will Allow Iran To 'Immediately' Sell Oil After Signing Peace Deal: Report
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official
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Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
-
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.
-
India's Gulf Oil Imports Jump In September As Suppliers Find Way Around Hormuz Risk
Iraq, Saudi Arabia and Kuwait sharply increased oil shipments to India in September as ship-to-ship transfers helped navigate Strait of Hormuz risks.
-
'India Buys Oil For Itself, Not To Help Us': Russian Envoy Amid Sanctions
The envoy's comments come amid intensifying Western sanctions and possible secondary tariffs targeting countries that continue to import Russian oil.
-
India's US Crude Imports On Track For 20-Month Low As Refiners Pivot To Russian Supplies
Russian crude gains favour as Indian refiners seek heavier grades amid higher shipping costs and geopolitical disruptions.
-
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.
-
War Toll: India's Crude Import Bill Shoots 61% In April-June Despite Slip In Volume
Higher global oil prices amid the West Asia conflict push crude and LNG import costs higher even as import volumes decline.
-
Trump Backs Russia Sanctions Bill Posing 500% Tariff Threat To India: Report
The situation became more complicated after a temporary US Treasury waiver expired on June 17, 2026. The waiver had allowed India's purchase of Russian crude without attracting sanctions. Its expiry has left India's in a legal grey zone.
-
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.
-
Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
-
India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
-
Tanker Traffic Shows India's Russian Crude Imports Set To Break Historical Records: Expert
Energy expert Anas Alhajji points to an unprecedented rise in Russian crude tankers arriving at Indian ports as refiners ramp up purchases.
-
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 Will Allow Iran To 'Immediately' Sell Oil After Signing Peace Deal: Report
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official
-
Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
