India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...

Indian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...

Big news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...

President Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pak...

Iranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

Congress leader Priyanka Gandhi Vadra has asked Prime Minister Narendra Modi to discuss the deaths of three Indian sailors with US Presiden...

US energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...

Shipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...

US Secretary of State Marco Rubio urged compliance with US forces in the Strait of Hormuz. This follows India's strong protest over US nava...

Iran has dismissed US President Donald Trump's claim of a drone attack on Indian ships in the Strait of Hormuz as "baseless." The Iranian e...

US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...

Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...