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Ukraine's drone assault ignites major oil refinery in RussiaUkraine intensified its drone attacks on Russia, hitting a major oil refinery in the Krasnodar region and causing at least one fatality. Pr...- Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
- 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...
- 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...
- Russia’s premier foreign policy forum "Primakov Readings" brought together 400 experts from 17 countriesMoscow hosted the 'Primakov Readings' forum, marking IMEMO's 70th anniversary. Global experts convened to discuss a 'World Without Rules: P...
- Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refinersBenchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months ti...
- D-Street soars on wings of peace and chances of an oil windfallIndian markets surged on Wednesday, reversing Tuesday's losses, buoyed by falling crude oil prices and a positive sentiment from the monsoo...
- Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
- Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
- Largecaps over midcaps, banks over PSUs: V Srivatsa reveals where smart money is headingIndia's market outlook is positive, driven by cooling geopolitical tensions and falling crude oil prices, according to UTI AMC's V Srivatsa...
- Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
- Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...
- Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
- 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...
- 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...
- US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
- Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
- 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...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- 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...
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