Iran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...

Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...

Adverse weather could impact mining, but higher coal stocks and improved petroleum exports are expected to cushion the blow, supporting man...

Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...

Union Commerce Minister Piyush Goyal held a productive meeting with Greece's Minister of Development Takis Theodorikakos to discuss strengt...

Asia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...

Bharat Petroleum Corporation is set to acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore, bolstering its presence in India's ...

India has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...

Maritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

US Secretary of State Marco Rubio assured Gulf Arab partners of unwavering support amidst ongoing negotiations to end the war with Iran. De...

Baghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...

India's electronics exports are surging, now its third-largest category, with ambitions to become second. The nation's electronics manufact...