India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...

US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...

Global economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...

In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

India and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

America's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...

Global oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...

In an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by...

Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...

India is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnerin...

Union MSME Minister Jitan Ram Manjhi held a high-level meeting to assess the impact of the West Asia geopolitical situation on India's smal...

India's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...

In a significant turn of events, Oman has emerged as India's top source for liquefied natural gas, particularly following the upheaval caus...