Oil Trade
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Korean Supertanker Tycoon Makes Millions On Secret Hormuz Shuttle Runs
How a private Korean shipping magnate quietly built a supertanker empire and cashed in on the UAE's risky Hormuz oil shuttle runs
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Iran Crude To Return? Tanker Carrying 600,000 Barrels Signals Gujarat Port
India's crude oil purchase from Iran comes on the back of the US offering a 30-day waiver (which expires April 19 and covers pre-loaded cargo only) of sanctions in light of global energy disruptions due to its war on Iran.
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US Trashes Insider Trading Claim Over $580-Million Bet Before Trump Post
Market observers are divided over the unusually well-timed trades in the crude oil market ahead of Trump's social media post on Iran.
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Why Strait Of Hormuz, A Key Passageway For Global Energy Supply Matters
The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.
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'US Forcing India To Buy Costly Oil': Russia Slams Trump's 'Energy Ban'
Russia has slammed the Donald Trump administration in the United States for trying to block India and other countries from buying Russian oil.
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Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
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'Europe Funding War Against Itself With India-EU Trade Deal': Team Trump
The United States has warned that Europe is financing a "war" against itself by signing the "mother of all trade deals" with India.
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Venezuela Crisis To Have No Impact On India, Its Companies: Ratings Agency
Crisil Ratings does not expect the US action in Venezuela to have any material impact on India's global trade or the credit quality of Indian corporates.
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Why Oil Still Shapes US Geopolitics In An Era of Record Production
The United States has made oil the centrepiece of its global strategy. According to the Energy Institute Statistical Review of World Energy, the US produced approximately 20 million barrels per day in 2024.
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US Says It Will Control Venezuela Oil Exports Indefinitely
The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington's strategy.
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Trump Again Claims India Will Soon Stop Buying Russian Oil
US President Donald Trump on Friday reiterated his claim that India has "de-escalated" on buying Russian oil, as he met his Ukrainian counterpart Volodymyr Zelensky at the White House.
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US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
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"Those Pointing Fingers...": Oil Minister On Trump Aide's "India Laundromat" Remark
White House trade adviser Peter Navarro last week labelled the Russia-Ukraine war as "Modi's war" and accused New Delhi of funding Vladimir Putin's "war machine".
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Russian Envoy's "Sabka Hardik Swagat" Greeting Leaves Reporters Surprised
In what was a pleasant surprise, Roman Babushkin, the Deputy Chief of Mission at the Russian Embassy in India, welcomed attendees at his press conference in Hindi.
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How Much Will India's Fuel Bill Rise If It Stops Russian Oil Imports?
India's crude oil import bill could increase by USD 9 billion this financial year and USD 12 billion in the next, if the country stops buying Russian crude oil amid Washington's latest action against New Delhi over the purchases.
-
Korean Supertanker Tycoon Makes Millions On Secret Hormuz Shuttle Runs
How a private Korean shipping magnate quietly built a supertanker empire and cashed in on the UAE's risky Hormuz oil shuttle runs
-
Iran Crude To Return? Tanker Carrying 600,000 Barrels Signals Gujarat Port
India's crude oil purchase from Iran comes on the back of the US offering a 30-day waiver (which expires April 19 and covers pre-loaded cargo only) of sanctions in light of global energy disruptions due to its war on Iran.
-
US Trashes Insider Trading Claim Over $580-Million Bet Before Trump Post
Market observers are divided over the unusually well-timed trades in the crude oil market ahead of Trump's social media post on Iran.
-
Why Strait Of Hormuz, A Key Passageway For Global Energy Supply Matters
The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.
-
'US Forcing India To Buy Costly Oil': Russia Slams Trump's 'Energy Ban'
Russia has slammed the Donald Trump administration in the United States for trying to block India and other countries from buying Russian oil.
-
Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
-
'Europe Funding War Against Itself With India-EU Trade Deal': Team Trump
The United States has warned that Europe is financing a "war" against itself by signing the "mother of all trade deals" with India.
-
Venezuela Crisis To Have No Impact On India, Its Companies: Ratings Agency
Crisil Ratings does not expect the US action in Venezuela to have any material impact on India's global trade or the credit quality of Indian corporates.
-
Why Oil Still Shapes US Geopolitics In An Era of Record Production
The United States has made oil the centrepiece of its global strategy. According to the Energy Institute Statistical Review of World Energy, the US produced approximately 20 million barrels per day in 2024.
-
US Says It Will Control Venezuela Oil Exports Indefinitely
The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington's strategy.
-
Trump Again Claims India Will Soon Stop Buying Russian Oil
US President Donald Trump on Friday reiterated his claim that India has "de-escalated" on buying Russian oil, as he met his Ukrainian counterpart Volodymyr Zelensky at the White House.
-
US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
-
"Those Pointing Fingers...": Oil Minister On Trump Aide's "India Laundromat" Remark
White House trade adviser Peter Navarro last week labelled the Russia-Ukraine war as "Modi's war" and accused New Delhi of funding Vladimir Putin's "war machine".
-
Russian Envoy's "Sabka Hardik Swagat" Greeting Leaves Reporters Surprised
In what was a pleasant surprise, Roman Babushkin, the Deputy Chief of Mission at the Russian Embassy in India, welcomed attendees at his press conference in Hindi.
-
How Much Will India's Fuel Bill Rise If It Stops Russian Oil Imports?
India's crude oil import bill could increase by USD 9 billion this financial year and USD 12 billion in the next, if the country stops buying Russian crude oil amid Washington's latest action against New Delhi over the purchases.
