India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
14 Jun, 2026, 07.30 AM IST
Iran calls Trump's drone attack claims on Indian ships 'simply baseless'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...
13 Jun, 2026, 11.47 AM IST
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
12 Jun, 2026, 06.48 PM IST
'Europeans sell weapons, which are used to attack India': Jaishankar raises arms exports issueIndia's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...
12 Jun, 2026, 04.42 PM IST
US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...
12 Jun, 2026, 11.56 AM IST
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
12 Jun, 2026, 01.28 AM IST
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
11 Jun, 2026, 11.11 PM IST
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
11 Jun, 2026, 02.50 PM IST
Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...
11 Jun, 2026, 12.18 AM IST
Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...
10 Jun, 2026, 10.49 AM IST
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
08 Jun, 2026, 02.31 PM IST
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
07 Jun, 2026, 12.28 PM IST
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
05 Jun, 2026, 10.59 AM IST
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
03 Jun, 2026, 07.38 AM IST
Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
02 Jun, 2026, 04.18 PM IST
Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
02 Jun, 2026, 12.15 AM IST
Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
31 May, 2026, 11.45 PM IST