Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...

A supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...

Once as a top sugar exporter, India is now anticipating a three-year stretch of significant export deficits, primarily driven by El Nino's ...

Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...

State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...

An Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...

India'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...

India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...

India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...

India's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...

India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...

Russia has offered India unrestricted technology transfer and joint production rights for its Su-57 stealth fighter jet, including domestic...

India's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...