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IRAN PETROLEUM IMPORTS INDIA
Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...- Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
- Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
- Union minister Margherita, Bihar Governor Hasnain to represent India at Khamenei's funeral: MEAIndia will send Minister of State for External Affairs Pabitra Margherita and Bihar Governor Syed Ata Hasnain to Iran for the burial ceremo...
- India weighs 30-day LPG stockpile as BPCL leads storage expansion amid energy security pushIndia is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities....
- PM Modi speaks with Iran President, backs peace and free navigation in Hormuz StraitPrime Minister Narendra Modi held a dialogue with Iranian President Masoud Pezeshkian regarding the evolving landscape of West Asian affair...
- In phone conversation with Iran Prez, PM Modi reiterates importance of freedom of navigation in HormuzPrime Minister Modi held a telephonic discussion with Iran's President Masoud Pezeshkian, focusing on West Asian developments and the cruci...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
- Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
- Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
- Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
- India, Iran revive energy dialogue as ministers meet on BRICS sidelinesIndia and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a mee...
- 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...
- 'Iran is ready to establish ties in economic field with India': Iran's Minister of PetroleumIran's Petroleum Minister Mohsen Paknejad arrived in Delhi for BRICS energy cooperation talks, expressing readiness for enhanced economic t...
- 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...
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