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India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
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3,000 Km Away, A Saudi Oil Hit Could End Up Hurting Every Indian Wallet
Ras Tanura is one of the Middle East's largest refineries and a key artery for Saudi crude and fuel exports. Even a precautionary shutdown tightens global supply instantly.
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Rupee Hits One-Month Low As Iran Conflict Escalates, Stocks Sink
The rupee weakened 0.3% to 91.2350 against the dollar -- its lowest level since early February.
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India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
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'Dear Friends' PM Modi, Putin Say "Walk Together In Fight Against Terror"
India and Russia 'walk together in the fight against terrorism', Prime Minister Narendra Modi said Friday afternoon in a joint statement with Russia's Vladimir Putin.
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"Russian Oil Important For Indian Economy": Moscow On Trump's Claims
Russia has responded to Trump's claim - that India will stop buying discounted crude oil from Moscow, purchases he has grumbled over loudly as 'supporting' Moscow's war on Ukraine - with a mention of 'trustworthy dialogue over oil and gas'.
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"Get US-India Ties Back On Track": Nikki Haley's Big China Warning To Trump
Nikki Haley has cautioned that ties between Washington and New Delhi are near a breaking point, and said it was critical to get the relations back on track if America hopes to contain China's growing global ambitions.
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China In "Opportunistic" Move, Pounces On Cheap Russian Oil, As Indian Demand Dips
Chinese refineries have ramped up their crude oil purchases from Russia as demand from India has weakened. Trump has threatened to impose secondary tariffs on goods from countries importing Russian oil in to pressure Moscow to end the war in Ukraine.
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Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
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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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India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
-
3,000 Km Away, A Saudi Oil Hit Could End Up Hurting Every Indian Wallet
Ras Tanura is one of the Middle East's largest refineries and a key artery for Saudi crude and fuel exports. Even a precautionary shutdown tightens global supply instantly.
-
Rupee Hits One-Month Low As Iran Conflict Escalates, Stocks Sink
The rupee weakened 0.3% to 91.2350 against the dollar -- its lowest level since early February.
-
India Prioritises Energy Security By Diversifying Supplies: Foreign Secretary
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability in the energy flow, Foreign Secretary Vikram Misri said on Monday.
-
'Dear Friends' PM Modi, Putin Say "Walk Together In Fight Against Terror"
India and Russia 'walk together in the fight against terrorism', Prime Minister Narendra Modi said Friday afternoon in a joint statement with Russia's Vladimir Putin.
-
"Russian Oil Important For Indian Economy": Moscow On Trump's Claims
Russia has responded to Trump's claim - that India will stop buying discounted crude oil from Moscow, purchases he has grumbled over loudly as 'supporting' Moscow's war on Ukraine - with a mention of 'trustworthy dialogue over oil and gas'.
-
"Get US-India Ties Back On Track": Nikki Haley's Big China Warning To Trump
Nikki Haley has cautioned that ties between Washington and New Delhi are near a breaking point, and said it was critical to get the relations back on track if America hopes to contain China's growing global ambitions.
-
China In "Opportunistic" Move, Pounces On Cheap Russian Oil, As Indian Demand Dips
Chinese refineries have ramped up their crude oil purchases from Russia as demand from India has weakened. Trump has threatened to impose secondary tariffs on goods from countries importing Russian oil in to pressure Moscow to end the war in Ukraine.
-
Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
-
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.
