India-Japan ties should not target third party: China on Japanese PM Sanae Takaichi's visit to DelhiChina has voiced concerns over bilateral cooperation that could target third parties, following India and Japan's announcement of landmark ...
03 Jul, 2026, 04.22 PM IST
Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
03 Jul, 2026, 02.36 PM IST
Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
03 Jul, 2026, 07.43 AM IST
Exporters see higher US enquiries but low order conversionsIndian exporters, particularly in the chemicals, textiles, and handicrafts sectors, are experiencing a notable increase in inquiries from U...
02 Jul, 2026, 12.46 AM IST
'Iran's nuclear rights are non-negotiable': Iran's Parliament Speaker Ghalibaf says key commitments under MoU need to be fulfilledIran's Parliament Speaker Mohammad Bagher Ghalibaf declared that the nation's nuclear rights are non-negotiable and will not proceed with f...
01 Jul, 2026, 11.32 PM IST
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
01 Jul, 2026, 11.47 AM IST
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
30 Jun, 2026, 09.27 PM IST
Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
30 Jun, 2026, 05.16 PM IST
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
30 Jun, 2026, 03.26 PM IST
India's next stock market headache isn't oil but a bigger storm brewing in the skiesIndia's stock market faces a new challenge as a severe "Super El Niño" threatens the monsoon, impacting 56% of GDP tied to consumption. Thi...
30 Jun, 2026, 09.03 AM IST
US and Iran negotiators head to Doha, but meeting uncertainDoha is set to host crucial talks between Iran and the U.S. this week, though Tehran denies any scheduled meetings with American officials....
30 Jun, 2026, 06.10 AM IST
Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
30 Jun, 2026, 12.08 AM IST
Arunachal floods: Four stranded people rescued, airlifted to safetyA dramatic rescue operation in Arunachal Pradesh saw four individuals safely airlifted after their raft capsized in the overflowing Sisiri ...
29 Jun, 2026, 09.29 PM IST
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
29 Jun, 2026, 07.10 PM IST
Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
29 Jun, 2026, 07.51 AM IST
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
28 Jun, 2026, 08.58 AM IST
Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
26 Jun, 2026, 04.40 PM IST