New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
11 Sep, 2026, 08.10 PM IST
Russian President Putin invites PM Modi for 24th India-Russia Summit, discuss bilateral ties, West Asia and Black Sea conflictsPrime Minister Modi and President Putin discussed bilateral ties and future cooperation. President Putin invited Prime Minister Modi to Rus...
11 Sep, 2026, 07.57 PM IST
Yemen's Houthis close in on stranglehold over strategic Bab el-Mandeb StraitThe Houthis in Yemen are making significant strides towards seizing control of the Bab el-Mandeb Strait. Recent clashes between Saudi-backe...
10 Sep, 2026, 05.38 PM IST
State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
09 Sep, 2026, 12.28 AM IST
Russia's President Vladimir Putin's 3-day India visit to focus on defence, businessRussian President Vladimir Putin will visit India for three days from Friday, holding talks with Prime Minister Narendra Modi on defence, e...
08 Sep, 2026, 11.51 PM IST
Russia backs India's call for peace in Ukraine; says Moscow aligns with New Delhi's positionRussia welcomes India's peace efforts to resolve the Ukraine conflict. President Putin will attend the BRICS summit and meet Prime Minister...
08 Sep, 2026, 07.18 PM IST
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
08 Sep, 2026, 08.27 AM IST
India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
08 Sep, 2026, 06.04 AM IST
Putin says first oil flows through Rosneft's Vostok Oil pipeline, Interfax reportsRussian President Vladimir Putin has proudly announced the commencement of oil transport via a new pipeline, integral to Rosneft's Vostok O...
05 Sep, 2026, 09.40 PM IST
"Conflict will not be resolved by buying or not buying oil": S Jaishankar on US sanctions bill"But let me just add this. You know, this conflict, which is today in its third year, will not be solved because somebody is buying or not ...
05 Sep, 2026, 07.04 PM IST
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
05 Sep, 2026, 09.28 AM IST
Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US HouseA US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the Nov...
04 Sep, 2026, 10.29 AM IST
Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensionsOil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have he...
04 Sep, 2026, 07.36 AM IST
School assembly news headlines for September 3: Top India, world, sports and business updatesSchool assembly news headlines for September 3: ISRO is set to launch a satellite, while Bihar issues a warning regarding fish safety due t...
03 Sep, 2026, 08.03 AM IST
Ships adopt makeshift anti-drone defences as Black Sea attacks intensifyTo counter the escalating risk of drone assaults from Russia and Ukraine in the Black Sea, vessels passing through the Bosphorus are equipp...
02 Sep, 2026, 06.26 PM IST
Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
30 Aug, 2026, 11.40 AM IST
India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
30 Aug, 2026, 10.48 AM IST