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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 ...25 Jun, 2026, 07.03 PM IST- 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...25 Jun, 2026, 02.24 PM IST
- Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...24 Jun, 2026, 09.34 PM IST
- Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...23 Jun, 2026, 04.36 PM IST
- India issues first response after explosion at Qatar’s Ras Laffan kills 12 IndiansIndia's External Affairs Minister, Dr. S. Jaishankar, expressed deep sorrow following an explosion at Qatar's Ras Laffan Industrial City th...23 Jun, 2026, 10.00 AM IST
- 12 Indians among 13 killed in blast at Qatar's Ras Laffan LNG complex during restartA devastating explosion at Qatar's Ras Laffan LNG complex has claimed thirteen lives and injured sixty-six. The incident occurred during th...23 Jun, 2026, 08.53 AM IST
- Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...22 Jun, 2026, 11.41 PM 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
- 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
- India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.19 Jun, 2026, 10.04 AM IST
- Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...19 Jun, 2026, 07.22 AM IST
- Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...18 Jun, 2026, 02.43 PM IST
- India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...18 Jun, 2026, 02.42 PM IST
- Electronics now third largest export category, next target second rank: Ashwini VaishnawIndia's electronics exports are surging, now its third-largest category, with ambitions to become second. The nation's electronics manufact...18 Jun, 2026, 06.00 AM IST
- SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...16 Jun, 2026, 10.23 PM IST
- US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...16 Jun, 2026, 10.19 AM IST
- Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...16 Jun, 2026, 01.17 AM IST
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