India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
01 Jul, 2026, 01.46 PM IST
Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
29 Jun, 2026, 11.09 PM IST
Venezuela earthquakes kill nearly 1,000, tens of thousands missingThe death toll from twin earthquakes in Venezuela rose Friday to 920, with tens of thousands reported missing as international rescue teams...
27 Jun, 2026, 10.41 AM IST
Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
26 Jun, 2026, 04.55 PM IST
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
26 Jun, 2026, 04.49 PM IST
Venezuela earthquake: Overseas aid arrives after tremors kill at least 235Venezuela earthquake news: Country grapples with devastating aftershocks as the death toll from twin earthquakes tragically climbs to at le...
26 Jun, 2026, 12.51 PM IST
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...
26 Jun, 2026, 07.05 AM IST
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
26 Jun, 2026, 02.33 AM IST
World sends rescuers, aid as Venezuela reels from quakesOffers of rescue support, aid and condolences poured into Venezuela on Thursday after two powerful earthquakes left at least 164 dead and h...
25 Jun, 2026, 06.47 PM IST
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
25 Jun, 2026, 06.00 PM IST
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
25 Jun, 2026, 02.24 PM IST
Venezuela Earthquake: 'Devastating no. of deaths, early reports not good', Trump says US willing to helpPresident Donald Trump expressed deep concern over twin earthquakes in Venezuela, reporting a devastating loss of life. He pledged U.S. ass...
25 Jun, 2026, 09.58 AM IST
US says it is mobilizing assistance for Venezuela after earthquakesVenezuela earthquake: The United States is mobilizing crucial assistance for Venezuela following devastating earthquakes that toppled build...
25 Jun, 2026, 08.40 AM IST
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
24 Jun, 2026, 12.53 AM IST
US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
22 Jun, 2026, 08.30 PM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
16 Jun, 2026, 12.56 AM IST