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OIL SHIPMENTS FROM RUSSIA TO INDIA
India-Oman CEPA sparks first duty-free gold jewellery shipment from Kolkata- Sensex tumbles 350 points, Nifty below 23,150 as Iran shuts Strait of Hormuz after US strikes. What lies ahead?
- Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closure
- Trump has a new, surprising take on the higher cost of living: 'I love the inflation'President Trump surprised many by stating he loves inflation. He linked rising prices to the Iran war. Trump also claimed secret military a...11 Jun, 2026, 07.44 AM IST
- Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...11 Jun, 2026, 12.18 AM IST
- India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...10 Jun, 2026, 01.39 PM IST
- Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...10 Jun, 2026, 10.49 AM IST
- China's exports jump 19.4% on-year in May, 35% to USChina's exports saw a strong jump in May, rising 19.4 percent year-on-year. Imports also climbed significantly. Technology and auto shipmen...10 Jun, 2026, 12.48 AM IST
- Exports rise 15 per cent during April-May, government official saysIndia's merchandise exports show strong growth. Exports rose by 15 percent in April-May 2026-27. This happened despite global economic unce...08 Jun, 2026, 07.47 PM IST
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...08 Jun, 2026, 02.31 PM IST
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...07 Jun, 2026, 01.34 PM IST
- OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...07 Jun, 2026, 01.15 PM IST
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...06 Jun, 2026, 08.42 PM IST
- Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...06 Jun, 2026, 03.28 PM IST
- Putin: Western attempts to limit India-Russia ties will harm global stability; Modi does not buckle under pressureRussian President Vladimir Putin said Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce ...05 Jun, 2026, 01.06 PM IST
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...05 Jun, 2026, 10.59 AM IST
- Gold eases on stronger oil as fresh Mideast hostilities eruptGold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike co...03 Jun, 2026, 07.22 AM IST
- Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...02 Jun, 2026, 04.18 PM IST
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...02 Jun, 2026, 12.15 AM IST
- EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...01 Jun, 2026, 12.09 AM IST
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