Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...

Indian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...

Stricter US sanctions on Iran are unlikely to significantly affect India’s exports to the country, as bilateral trade is mainly concentrate...

Donald Trump is considering renaming Lake Ontario to Lake America amid trade tensions. This symbolic move escalates the ongoing economic di...

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...

In a troubling episode, pirates have seized two commercial vessels, leaving 22 Indian nationals on board. The first vessel, an oil tanker w...

US Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

A prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...

India and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...

The new US legislative proposal aims to introduce tariffs on nations acquiring Russian energy, challenging India to balance its energy dema...

India's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...

Iran's defense minister stated the nation's armed forces are fully equipped for any threat. He asserted Iran's indigenous technology surpas...

Indian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...

Producers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...