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OIL SUPPLIES FROM RUSSIA
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...- US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
- 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...
- India weighs 30-day LPG stockpile as BPCL leads storage expansion amid energy security pushIndia is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities....
- No sudden shelter from storms: What protected India's oil supply during Hormuz crisisIndia successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-m...
- Vladimir Putin reveals shocking truth: Russia is suffering fuel crisis due to Ukrainian drone strikes, filling stations are shut, no sales to private motoristsVladimir Putin acknowledged on Sunday at a meeting with government ministers and other officials that Ukrainian drone strikes had triggered...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
- Putin says Russia will press on with front-line campaign regardless of Ukraine proposalsPresident Putin declared Russia's intent to fully capture four Ukrainian regions, dismissing a Ukrainian proposal for a ceasefire as a tact...
- Ukraine's drone assault ignites major oil refinery in RussiaUkraine intensified its drone attacks on Russia, hitting a major oil refinery in the Krasnodar region and causing at least one fatality. Pr...
- Ukraine hits defence plant in Russia's Volgograd region, Zelenskiy saysUkraine's domestically produced Flamingo missiles have successfully targeted a Russian plant manufacturing artillery and missile launch sys...
- Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Ukraine attack kills five as Crimea halts public fuel salesA Ukrainian drone assault on Crimea has claimed four lives and injured 28, according to Russian-installed officials. Another strike in Kras...
- Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...
- 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...
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