Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...

ONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...

A deal to end the Persian Gulf war is nearing. Iran has strengthened its position and will set terms. The agreement will lift blockades and...

India's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...

U.S. forces, under President Trump's direction, conducted a lethal strike killing Hector Rusthenford Guerrero Flores, known as Nino Guerrer...

US President Donald Trump has cancelled planned strikes on Iran. Discussions for a ceasefire have been approved by Washington, Israel, and ...

Brazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...

Iran war news: US President Donald Trump has issued a strong warning to Iran. He stated that America will strike Iran very hard. Trump also...

OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...

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...

India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...

India is seeking a long-term energy partnership with Venezuela. Prime Minister Narendra Modi held talks with Venezuela's acting President D...

India and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...

Venezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The...

Venezuela's interim President Delcy Rodriguez will travel to India on Wednesday for a five-day visit, the foreign ministry said, as New Del...