Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
26 Jun, 2026, 11.41 AM IST
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
25 Jun, 2026, 06.31 PM IST
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
25 Jun, 2026, 02.24 PM IST
'May affect your warranty': Ford India allegedly warns ethanol petrol can damage engines and reduce mileageFord India customer care has warned that using fuel with a higher ethanol blend, such as E20, may damage the engine or emission system and ...
25 Jun, 2026, 01.34 PM IST
India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
23 Jun, 2026, 10.13 AM IST
Railways showed the way. What should India electrify next?If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of I...
23 Jun, 2026, 09.47 AM IST
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
22 Jun, 2026, 11.47 AM IST
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
21 Jun, 2026, 11.07 PM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
19 Jun, 2026, 05.38 PM IST
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
18 Jun, 2026, 06.35 PM IST
Does E20 petrol attract ants due to sugar residue? Here's what you need to knowIndia mandates E20 petrol from April 1, 2026. Viral claims suggest E20 attracts ants due to sugar. Bharat Petroleum Corporation Limited (BP...
18 Jun, 2026, 12.33 PM IST
India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
17 Jun, 2026, 05.30 AM IST
No runaway rally likely; markets to trade in broad range: Sameer DalalEquity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon r...
16 Jun, 2026, 01.14 PM IST
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
16 Jun, 2026, 12.32 PM IST
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
15 Jun, 2026, 11.12 PM IST
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
10 Jun, 2026, 06.00 AM IST