Oil Supply Disruptions
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Bengaluru, Chennai, Mumbai Hotels Flag LPG Cylinder Shortage, Centre Responds
The price of LPG cylinders was also increased last Saturday due to the Iran-Israel war and the disruption it caused in key energy shipping routes in the Middle East.
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Trump Says Iran War Could Be Over Soon, Then A Threat Over Oil
US President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic.
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Fuel Prices Up, Salaries Cut: Energy Shock To Pakistan Amid Iran War
Pakistan's PM Shehbaz Sharif on Monday announced a sweeping austerity and energy-saving plan, saying the steps were necessary as the country confronts a global fuel crisis triggered by the ongoing conflict involving the US, Israel and Iran.
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One Strait, 20 Million Barrels: Could Hormuz Trigger An Oil Shock Bigger Than 1973?
The global oil system has effectively concentrated a fifth of its supply through a single narrow shipping lane with limited redundancy.
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"Small Price To Pay": Trump Defends Iran War Decision As Oil Soars Over $100
Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions.
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"Please Mind Your Business": Kamal Haasan Slams Trump Amid "Permission" Row
Hitting out at the US after a top official said Washington, DC, had given India "permission" to buy Russian oil after the Middle East conflict disrupted global supply chains, actor-politician Kamal Haasan has said India does not take orders
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'Take Pressure Off': Trump On Easing Oil Prices After Russian Waiver To India
Treasury Secretary Scott Bessent on Friday said the US was issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil.
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India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
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Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
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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.
-
Bengaluru, Chennai, Mumbai Hotels Flag LPG Cylinder Shortage, Centre Responds
The price of LPG cylinders was also increased last Saturday due to the Iran-Israel war and the disruption it caused in key energy shipping routes in the Middle East.
-
Trump Says Iran War Could Be Over Soon, Then A Threat Over Oil
US President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic.
-
Fuel Prices Up, Salaries Cut: Energy Shock To Pakistan Amid Iran War
Pakistan's PM Shehbaz Sharif on Monday announced a sweeping austerity and energy-saving plan, saying the steps were necessary as the country confronts a global fuel crisis triggered by the ongoing conflict involving the US, Israel and Iran.
-
One Strait, 20 Million Barrels: Could Hormuz Trigger An Oil Shock Bigger Than 1973?
The global oil system has effectively concentrated a fifth of its supply through a single narrow shipping lane with limited redundancy.
-
"Small Price To Pay": Trump Defends Iran War Decision As Oil Soars Over $100
Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions.
-
"Please Mind Your Business": Kamal Haasan Slams Trump Amid "Permission" Row
Hitting out at the US after a top official said Washington, DC, had given India "permission" to buy Russian oil after the Middle East conflict disrupted global supply chains, actor-politician Kamal Haasan has said India does not take orders
-
'Take Pressure Off': Trump On Easing Oil Prices After Russian Waiver To India
Treasury Secretary Scott Bessent on Friday said the US was issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil.
-
India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
-
Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
-
"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.
