Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
15 Jun, 2026, 08.41 AM IST
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
15 Jun, 2026, 08.11 AM IST
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
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
12 Jun, 2026, 12.02 AM IST
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
11 Jun, 2026, 03.16 PM IST
India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report saysIndia and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy rel...
10 Jun, 2026, 05.03 PM IST
CNG momentum to stay robust through FY27, Morbi PNG demand set for all-time highCNG vehicle registrations and industrial gas utilization are poised for remarkable growth. With CNG vehicles presenting significant cost be...
10 Jun, 2026, 04.25 PM IST
India imports 55% of LPG from the US, 12% from Iran in MayIndia's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...
03 Jun, 2026, 11.24 PM IST
Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flowsIn a significant turn of events, Oman has emerged as India's top source for liquefied natural gas, particularly following the upheaval caus...
03 Jun, 2026, 12.06 AM IST
The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
02 Jun, 2026, 12.19 PM IST
Indian steelmakers grapple with resurgence of cheap Chinese importsChinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stai...
01 Jun, 2026, 02.34 PM IST
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
01 Jun, 2026, 10.18 AM IST
India says 10 sailors, detained in 2025, released by IranTen Indian sailors have been released from Iran. They were detained on an oil tanker in July 2025. India's shipping authorities confirmed t...
27 May, 2026, 09.04 AM IST
A scorching Asian summer will add to risk of surging gas pricesGlobal gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Ho...
26 May, 2026, 07.24 AM IST
LNG tanker exits Hormuz for India for first time since war beganThe exit of an LNG tanker from the Strait of Hormuz marks a pivotal moment for India, signaling its first shipment from the Persian Gulf in...
24 May, 2026, 10.39 AM IST
Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil dips as markets watch Iran ceasefire, Trump-Xi China summit and Strait of Hormuz risksWhy are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decl...
13 May, 2026, 03.03 PM IST
India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources sayIndia has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns du...
11 May, 2026, 08.59 PM IST