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OIL IMPORTS FROM THE US
Zulu Proverb of the Day: 'Igeja litengwa ngokubonwa' - 'The hoe is bought after being seen'A wise Zulu proverb, "Igeja litengwa ngokubonwa," meaning "The hoe is bought after being seen," underscores the vital importance of thoroug...24 Jun, 2026, 12.29 PM IST- India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...24 Jun, 2026, 12.29 PM IST
- Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEAEleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokes...23 Jun, 2026, 04.45 PM IST
- India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...23 Jun, 2026, 04.11 PM IST
- US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassleIndians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...23 Jun, 2026, 11.10 AM IST
- India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...23 Jun, 2026, 10.13 AM IST
- JD Vance says talks with Iranian officials set 'good foundation' for a deal to end US-Iran warIran US War: United States Vice President JD Vance reported significant progress in talks with Tehran, aiming for a permanent end to the re...23 Jun, 2026, 08.20 AM IST
- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....22 Jun, 2026, 08.30 PM IST
- India imposes anti-dumping duty on chemical imported from China, EU, USIndia has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and t...22 Jun, 2026, 04.20 PM IST
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...22 Jun, 2026, 11.47 AM IST
- Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gainsThe Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. F...22 Jun, 2026, 10.42 AM IST
- 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...22 Jun, 2026, 08.31 AM IST
- 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 ...22 Jun, 2026, 05.01 AM IST
- 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...21 Jun, 2026, 11.46 AM IST
- India's exports to US remain flat in May, imports rise 54.43%India's trade with the US saw exports remain steady in May, but imports climbed significantly. Trade with China experienced a notable surge...15 Jun, 2026, 10.30 PM IST
- India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...12 Jun, 2026, 06.48 PM IST
- US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...12 Jun, 2026, 11.56 AM IST
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