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ENERGY SUPPLY DISRUPTIONS
India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
Why this Trump oil tariff is ZzzA US Senate bill imposing tariffs on Russian oil buyers faces hurdles. India's energy supplies remain secure due to diversified import stra...
India's future nuclear fleet may need 5,400 tonnes uranium annually; domestic supply meets about 30%: Parliamentary panelIndia’s nuclear expansion could sharply raise uranium demand, with PHWRs alone expected to require around 5,400 tonnes of uranium oxide ann...
US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
US sanctions bill makes India-US trade deal more critical, may push up import bill: EconomistProposed US sanctions legislation makes India's trade deal with the United States more critical. Any disruption to crude supplies could rai...
Natural gas loses momentum despite geopolitical risks: Will prices recover?Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories ou...
India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
India seeks to boost domestic green ammonia supplies to fertiliser sectorIndia's Solar Energy Corporation (SECI) is on a mission to boost the production of green ammonia, targeting a significant reduction in the ...
Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
Efforts on to boost energy storage: Pralhad JoshiRenewable energy minister Pralhad Joshi highlighted government efforts to boost energy storage deployment. Viability gap funding for batter...
Coal supply remains comfortable despite monsoon: GovernmentDomestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, suf...
India must manufacture clean-tech, not just consume it: Steel Minister KumaraswamyIndia's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for cle...
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higherThe recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopoli...