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Foreigners offered Rs 16 lakh to fight for Russia against Ukraine: ReportRussia’s Irkutsk region has raised the maximum incentive for recruiting foreign nationals or stateless people into its military to 1.5 mill...- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- Trump calls on Ukraine to halt strikes on Russian diesel, saying attacks are causing a shortageUkrainian drones struck Russian oil facilities, causing civilian casualties and damage. Russia launched retaliatory drone attacks on Ukrain...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- 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 ...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- 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...
- 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...
- Nitin Gadkari says old vehicle owners allowed to fit a Rs 5,000 device from IIT Delhi that can make BS-III, BS-IV diesel trucks, buses meet BS-VI emission levelsUnion Road Transport Minister Nitin Gadkari has announced that owners of old diesel trucks and buses will be allowed to retrofit their vehi...
- Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
- Refinery to the world: Energy expert Anas Alhajji on India's surprising fuel advantageFollowing a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...
- 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...
- 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. ...
- Steel demand outruns capacity as prices stage comeback from monsoon slump: KotakDomestic steel demand is projected to remain strong, exceeding capacity additions through FY2029. Robust consumption trends are supported b...
- Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
- Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
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