Oil Shortage
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Cuba Has "No Fuel, No Diesel" Amid Hormuz Blockade: Energy Minister
Cuba has installed 1,300 megawatts of solar power over the past two years, but much of that capacity is lost to grid instability amid fuel shortages.
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"Going To Do Whatever Is Necessary": Trump On Russian Oil Waiver
The United States had eased sanctions on Russian oil in mid-March to counteract global oil shortages resulting from the closure of the Strait of Hormuz.
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Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
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Jagan Reddy's Party Alleges Fuel Shortage In Andhra, Writes To Centre
YSRCP MP Maddila Gurumoorthy in a letter to Union Petroleum Minister Hardeep Singh Puri sought an urgent intervention in Andhra Pradesh
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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After Oil And LPG, Supply Disruption Of This Critical Input May Hit India
Iran War Impact: The disruption around the Strait of Hormuz has led to a supply shock that can slow factory production and push up food prices.
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US-Iran Ceasefire Brings Relief, But Coal's Heat Lingers For India
The Middle East war has caused a significant increase in oil prices. Brent prices rose 30 per cent since the war began and pulled the coal futures up by 18 per cent too.
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Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
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India Makes First Iranian Oil Purchase In 7 Years, With "No Payment Hurdle"
The world's third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019.
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Trump Says "We Don't Need" Hormuz. Why Reopening It Matters For US
In his latest address, Trump passed the buck on the opening of the strait, critical to global oil supply, to oil-dependent nations.
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Oil Disruptions Will Double This Month, Affect Europe Too: Energy Agency Head
The Iran war has created the biggest oil disruption in history, the IEA said last month after it agreed to release a record volume from strategic stockpiles to make up for shortages and a spike in prices.
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Amid Iran War, Centre Allows Kerosene Sale At Select Petrol Pumps For 60 Days
At the core of the notification is a relaxation of petroleum storage and licensing rules to enable faster, last-mile delivery of kerosene for cooking.
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Electric Vehicle Owners Trolling Petrol Vehicle Users Is A New Social Media Trend: Videos
Multiple videos have been shared on social media with electric vehicle owners flexing their scooters and cars, while mocking ICE users.
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US-Iran War Triggers Global Fertiliser Shortage, Could Make Food Costlier
Iran is seriously limiting shipments through the Strait of Hormuz that handles nearly a third of global fertiliser trade.
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Late Night Meet With PM Modi: Inside Story On Excise Duty Cut On Fuel
Sources said the Prime Minister reviewed the situation and directed officials to ensure that any surge in international oil prices does not burden the common people.
-
Cuba Has "No Fuel, No Diesel" Amid Hormuz Blockade: Energy Minister
Cuba has installed 1,300 megawatts of solar power over the past two years, but much of that capacity is lost to grid instability amid fuel shortages.
-
"Going To Do Whatever Is Necessary": Trump On Russian Oil Waiver
The United States had eased sanctions on Russian oil in mid-March to counteract global oil shortages resulting from the closure of the Strait of Hormuz.
-
Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
-
Jagan Reddy's Party Alleges Fuel Shortage In Andhra, Writes To Centre
YSRCP MP Maddila Gurumoorthy in a letter to Union Petroleum Minister Hardeep Singh Puri sought an urgent intervention in Andhra Pradesh
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
After Oil And LPG, Supply Disruption Of This Critical Input May Hit India
Iran War Impact: The disruption around the Strait of Hormuz has led to a supply shock that can slow factory production and push up food prices.
-
US-Iran Ceasefire Brings Relief, But Coal's Heat Lingers For India
The Middle East war has caused a significant increase in oil prices. Brent prices rose 30 per cent since the war began and pulled the coal futures up by 18 per cent too.
-
Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
-
India Makes First Iranian Oil Purchase In 7 Years, With "No Payment Hurdle"
The world's third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019.
-
Trump Says "We Don't Need" Hormuz. Why Reopening It Matters For US
In his latest address, Trump passed the buck on the opening of the strait, critical to global oil supply, to oil-dependent nations.
-
Oil Disruptions Will Double This Month, Affect Europe Too: Energy Agency Head
The Iran war has created the biggest oil disruption in history, the IEA said last month after it agreed to release a record volume from strategic stockpiles to make up for shortages and a spike in prices.
-
Amid Iran War, Centre Allows Kerosene Sale At Select Petrol Pumps For 60 Days
At the core of the notification is a relaxation of petroleum storage and licensing rules to enable faster, last-mile delivery of kerosene for cooking.
-
Electric Vehicle Owners Trolling Petrol Vehicle Users Is A New Social Media Trend: Videos
Multiple videos have been shared on social media with electric vehicle owners flexing their scooters and cars, while mocking ICE users.
-
US-Iran War Triggers Global Fertiliser Shortage, Could Make Food Costlier
Iran is seriously limiting shipments through the Strait of Hormuz that handles nearly a third of global fertiliser trade.
-
Late Night Meet With PM Modi: Inside Story On Excise Duty Cut On Fuel
Sources said the Prime Minister reviewed the situation and directed officials to ensure that any surge in international oil prices does not burden the common people.
