Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
War will end when fighting stops in Lebanon as well: IranIn another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing t...
Government assures 78 days of oil amid MPs' concernsConcerns over fuel, shipping, and fertilizer supplies dominated a Parliamentary panel meeting. Officials assured adequate fuel reserves and...
Pakistan eyes Gulf-backed oil reserve hub at Gwadar amid Strait of Hormuz tensionsPakistan is encouraging Persian Gulf oil producers to establish crude reserve buffers at its planned Energy City near Gwadar Port. This ini...
India wants return of stranded ships before sending more to GulfIndia's priority is to bring back its ships stuck near the Strait of Hormuz. Only after these vessels are safe will India consider sending ...
Bulk buyers shifting to retail pumps behind fuel demand spike in parts of IndiaFuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is cau...
LPG cylinder prices today: How much does domestic and commercial gas cost in Delhi, Mumbai, Bengaluru, Kolkata on May 21?LPG gas cylinder prices today: Domestic LPG cylinder prices remain stable across major Indian cities, offering relief to households despite...
Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperationAdani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent vio...
Iran plans new Hormuz transit mechanism, says only cooperating nations will benefitIran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passa...
Two LPG carriers cross Strait of Hormuz, set to reach India this weekTwo ships carrying cooking gas for India have successfully navigated the Hormuz Strait. This comes after a recent attack on a dhow, the Haj...