Trump invokes Cold War-era Defense Production Act for oil production, refiningUS President Donald Trump has determined that petroleum production and refining are essential for national defense. This decision allows po...
23 Oct, 2026, 06.47 AM IST
India turns back to Gulf oil as Russian crude loses its price edgeIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...
22 Oct, 2026, 02.03 PM IST
Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
21 Oct, 2026, 12.19 AM IST
Permanent India UNSC seat an 'obvious element' of global governance reform: Polish envoyPoland's Ambassador to India affirmed support for India's permanent seat on the United Nations Security Council. This endorsement aligns wi...
20 Oct, 2026, 06.40 AM IST
US blinks on Russia, India less flutteredTrump's decision to waive tougher sanctions against Russia aims to ensure US diesel supply until the midterm elections. The waiver, however...
20 Oct, 2026, 12.27 AM IST
How much will Americans actually save on fuel and groceries from the US-Russia diesel deal?In a recent announcement, Donald Trump revealed a new agreement with Russia aimed at providing relief for American diesel consumers, partic...
19 Oct, 2026, 11.09 AM IST
Putin proposes three-way summit with Trump and Xi to negotiate Ukraine conflict: ReportVladimir Putin has proposed a trilateral summit next month with Donald Trump and Xi Jinping to address the Ukraine conflict. The initiative...
19 Oct, 2026, 07.16 AM IST
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
18 Oct, 2026, 10.58 AM IST
Marco Rubio says Trump to take up to 60 days to weigh Russia sanctionsUS President Donald Trump announced a temporary waiver of sanctions and tariffs on Russian exports. Secretary of State Marco Rubio stated a...
18 Oct, 2026, 09.18 AM IST
Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plansUS President Donald Trump’s decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian expo...
18 Oct, 2026, 04.00 AM IST
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
16 Oct, 2026, 07.54 AM IST
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
15 Oct, 2026, 07.59 PM IST
Oil prices climb as traders weigh Saudi supply risk, Russian diesel flowRecent developments have pushed oil prices higher as traders consider the supply uncertainties stemming from the ongoing conflict in Yemen....
14 Oct, 2026, 07.24 AM IST
Trump's oil jawboning loses punch as wars spiralDonald Trump’s ability to talk down oil prices is fading as the Iran war drags on and regional violence continues. Despite a recovery in oi...
13 Oct, 2026, 01.22 PM IST
Trump’s diesel deal with Putin may be lots of barrels but little bangDonald Trump announced a deal with Vladimir Putin to supply additional Russian diesel amid global fuel shortages. The agreement outlines th...
10 Oct, 2026, 10.01 PM IST
Trump announces surprise diesel deal with Putin: How much will Russia ship and would it be enough to bring down prices?Donald Trump announced a new deal with Russia to import diesel aimed at reducing fuel prices in the US. Under the agreement, 300,000 tons w...
10 Oct, 2026, 09.30 AM IST
Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
10 Oct, 2026, 05.01 AM IST