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 ...
06 Jun, 2026, 08.22 PM IST
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
04 Jun, 2026, 11.55 AM IST
Iran-linked LPG tanker signals Indian ownership through HormuzAn LPG carrier, the Tara Gas, previously involved with Iranian cargoes, is transiting the Strait of Hormuz while declaring Indian crew and ...
11 May, 2026, 02.06 PM IST
Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
02 May, 2026, 07.02 PM IST
Iran says it won't accept 'maximalist demands' as Islamabad hosts peace pushIran presented its core demands and concerns in Pakistan, seeking an end to the ongoing conflict. The United States is pushing for Iran to ...
25 Apr, 2026, 07.14 PM IST
Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
25 Apr, 2026, 09.40 AM IST
Shadow of Hormuz: Why is the Gulf crisis turning all eyes to Malacca StraitThe Strait of Malacca, a vital global trade artery, faces increased scrutiny following disruptions elsewhere. This busy waterway connects E...
23 Apr, 2026, 02.08 PM IST
Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
20 Apr, 2026, 11.16 PM IST
Shipping data shows China trimming fuel exports, not haltingChina is reducing refined fuel exports, not banning them. Shipments to countries like Malaysia and Australia continue. April export cuts ar...
20 Apr, 2026, 02.14 PM IST
India may get a crude hit from Trump's curbs on Russian & Iranian oil buying freedomThe United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a ...
16 Apr, 2026, 10.58 AM IST
Iranian oil arrives in India just ahead of US waiver expiryIndia has received Iranian oil shipments. This marks the first imports in seven years. The nation is securing volumes before a US grace per...
15 Apr, 2026, 03.32 PM IST
UK faces jet fuel crunch as Strait of Hormuz disruption threatens flights and raises travel costsJet fuel supply to the UK is under pressure as Middle East shipments slow. Airlines may face higher costs and possible shortages if disrupt...
31 Mar, 2026, 10.38 PM IST
India's oil imports from Russia hit 12-month low in Jan as sanctions biteThe world's third-biggest oil importer and consumer boosted imports of Iraqi oil to offset the drop in Russian oil imports, according to th...
01 Feb, 2024, 02.13 PM IST
India's Russian oil buy is now more than Saudi, UAE, Iraq and US combinedThe rise in Russian share came at the cost of traditional suppliers in the Middle East. Shipments from Saudi Arabia slipped to 560,000 tonn...
04 Jun, 2023, 11.28 AM IST
Reliance, Nayara account for 45% of Russian oil importsThe dramatic rise in the share of Russia in Indian imports, up from less than 1% in 2021, was driven by the deep discounts at which Russian...
14 Mar, 2023, 12.08 AM IST
Russia biggest oil supplier to India for 2nd month runningRussia supplied 909,400 barrels per day (bpd) of crude in November, making up 21% of the country's total imports of 4.29 million bpd, accor...
06 Dec, 2022, 06.02 AM IST
Russia becomes the No. 1 oil supplier for India in OctoberCompared to September, overall crude import went up 5% in October and that from Russia rose 8%, according to Vortexa, an energy intelligenc...
02 Nov, 2022, 05.30 AM IST