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RUSSIAN CRUDE SHIPMENTS
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...- Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
- 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...
- 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...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- 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 ...
- 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...
- 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...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...
- India prepares to send oil tankers through Hormuz for new supplyIndia is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for th...
- Why are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil settles lower after Iran talks progressWhy are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil prices fell after the United States ...
- India can ride out disruption after Russian oil waiver lapsesIndia's oil refiners are prepared for changes in Russian crude supply. Weaker domestic demand and available oil from the US and Middle East...
- Why did Russian FM Sergey Lavrov say ‘If you don't surrender your phone, they will take out a gun’ during Delhi press conference? Watch videoRussian Foreign Minister Sergey Lavrov lightened a press conference in Delhi with a humorous remark to a buzzing phone, drawing laughter an...
- Russian crude supplies to India have increased, claims Sergey LavrovRussia has increased oil supplies to India, according to Foreign Minister Sergey Lavrov. This comes as a crucial US waiver for purchasing R...
- What makes the Rs 90,000-crore Great Nicobar Island project critical for India both militarily and economicallyIndia is undertaking a massive Rs 90,000 crore project in Great Nicobar. This initiative will develop a major transshipment port and intern...
- How China is helping Cuba survive crippling blackouts as years of US sanctions leave the country with ‘absolutely no fuel’Cuba faces a severe energy crisis with widespread blackouts. China is significantly boosting Cuba's solar power infrastructure. Imports of ...
- 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...
- India shielded fuel supply through crude diversification amid Hormuz turmoil: S&P Global Energy officialIndia's refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversi...
- UAE, Saudi Arabia bypass Hormuz to boost crude supplies to IndiaIndia’s crude imports fell as West Asia disruptions hit supplies, with average intake dropping to 4.4 million barrels per day in April 1–26...
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