India watches closely as the US and Iran trade accusations over maritime incidents. Both nations present conflicting accounts of negotiatio...

India is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...

Despite President Donald Trump repeatedly saying a US-Iran deal is near, negotiations remain slow and uncertain. Talks rely on indirect cha...

President Trump announced a potential peace deal with Iran, aiming to reopen the Strait of Hormuz to shipping this weekend. While Trump cla...

US-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...

India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...

America's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...

India imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...

India's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...

Iran's armed forces declared an end to military operations against Israel, but warned of escalated attacks if Israeli strikes on Lebanon co...

In another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing t...

India's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...

India's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...