War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
03 Jun, 2026, 07.38 AM IST
Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
19 May, 2026, 12.24 PM IST
India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
27 Apr, 2026, 11.46 PM IST
Russian LNG under US sanctions heads for the first time to IndiaA Russian liquefied natural gas cargo, currently under United States sanctions, is en route to India. This shipment, if it reaches its dest...
15 Apr, 2026, 10.11 PM IST
Asia barters for scarce energy as Iran crisis throttles suppliesIran war: Asian nations are scrambling for fuel amid Middle East supply disruptions and China's export bans. Indonesia is seeking deals wit...
01 Apr, 2026, 09.00 AM IST
Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warnsEuropean energy prices will remain high despite potential peace in the Iran war, warned EU Commissioner Dan Jorgensen. He highlighted press...
01 Apr, 2026, 08.51 AM IST
EU to exempt US, Qatari gas from extra checks under its Russian gas ban, draft showsThe European Union is set to exempt major gas suppliers including the United States and Qatar from new checks. This comes as the bloc final...
29 Jan, 2026, 06.32 AM IST
EU countries give final approval to Russian gas banThe ban was designed to pass under a reinforced majority voting system, allowing it to overcome opposition from Hungary and Slovakia, which...
27 Jan, 2026, 12.20 AM IST
Europe reaches deal on phasing out Russian gas imports by 2027The European Council and Parliament have agreed to phase out Russian gas imports by 2027, aiming to end energy dependency. This legally bin...
03 Dec, 2025, 07.18 AM IST
How could the EU ban Russian gas?The European Commission plans to phase out Russian gas imports by 2027 and ban spot contracts by the end of 2024, circumventing potential v...
16 May, 2025, 04.47 PM IST
EU slaps fresh curbs on Russia gas shipmentsThe new restrictions on gas aim to reduce Russia's revenues from liquefied natural gas (LNG) exports by banning trans-shipments off EU port...
25 Jun, 2024, 01.00 AM IST
EU dilutes efforts to curb trade in Russian oil; inflationary pressure in Germany to increase“The EU announced a worldwide ban on the provision of maritime insurance to vessels carrying Russian oil two months ago, expecting co-ordin...
02 Aug, 2022, 06.56 AM IST
Europe set to ban Russian coal, but struggles on oil and gasThe coal ban is significant because it breaks the taboo on severing energy ties with Russia. But compared with natural gas and oil, coal is...
07 Apr, 2022, 06.20 PM IST
EU proposes sanctions on Russian coal, shipping"Russia is waging a cruel, ruthless war, also against Ukraine's civilian population. We need to sustain utmost pressure at this critical po...
05 Apr, 2022, 11.11 PM IST
Ukraine seeks tougher restrictions at Russian ports over oilIn an interview with the U.S. news outlet overnight, Oleg Ustenko said the companies should hire independent accountants to verify no Russi...
16 Mar, 2022, 06.47 PM IST
What does a US ban on Russian oil accomplish?A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the dan...
09 Mar, 2022, 11.27 AM IST
US bans Russian oil, India needs to pivotThe Indian import basket is a blend of crude predominated by supply from West Asia. Its gas imports will find new competition from a Europe...
08 Mar, 2022, 11.32 PM IST