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Last Updated:April 03, 2026, 1:07 pm IST Ping Shun had earlier indicated through its transponders and AIS that it was en route to the Vadinar offshore terminal, with an expected arrival on April 4. Image used for representation A tanker carrying Iranian crude oil that was initially expected to deliver its cargo to India has…
Last Updated:March 19, 2026, 6:02 PM IST Ministry of External Affairs stressed securing global energy supplies, including from Russia. The Petroleum Ministry assured adequate crude supply and full refinery operations. Indian LPG vessel Shivalik arrives at LPG terminal Mundra Port. 2026. (Mundra Port via AP) India’s Ministry of External Affairs (MEA) on Thursday underlined the…
Hindi News Business Hormuz Route Closed: New Route Crude Oil Supply Increased 10% | India Fuel Prices Stable New Delhi54 minutes ago copy link Due to the ongoing tension in the Middle East, the worry of rising prices of petrol and diesel in the country has ended. Because, after the closure of the Hormuz route,…
The crisis of rising prices of petrol and diesel in India is over for the time being, because India has got the permission to buy crude oil from Russia at a cheaper price. For this, the US Treasury Department has announced to give 30 days special license to Indian refineries. This license will remain valid…
Last Updated:March 03, 2026, 12:00 IST India imports nearly two-thirds of its LPG consumption, with 85–90% sourced from the Gulf region (Image/Reuters) India is weighing a series of contingency measures — including restricting petrol and diesel exports, ramping up crude purchases from Russia and introducing demand-management steps such as LPG rationing — to address potential…
Last Updated:March 03, 2026, 01:52 IST Despite rising global crude prices and Hormuz tensions, India’s petrol and diesel prices should stay stable as oil firms absorb losses and monitor supply. A petrol pump staff checks documents of a commuter at a gas station at Mathura Road, in New Delhi. (IMAGE: PTI) Retail petrol and diesel…
Russian Oil Import: In the wake of tightening global sanctions on Moscow, India devised a method to bring in discounted Russian crude oil without breaching international law or raising costs at home. The operation, carried out in international waters near the Gulf of Oman, saw Indian-linked tankers conduct discreet ship-to-ship (STS) transfers to secure the…
Last Updated:October 16, 2025, 5:39 PM IST MEA denies any phone call between PM Modi and Trump about India stopping Russian oil purchases, countering Trump’s claim made in Washington MEA clarifies India’s stand on import of Russian oil following Trump’s statement.(File image/Reuters) The Ministry of External Affairs (MEA) on Thursday said there was no phone…
Last Updated:September 02, 2025, 16:05 is Russian crude discounts widen for Indian refiners as Donald Trump imposes steep tariffs on New Delhi over Moscow oil imports. US President Trump and Russian President Putin with PM Modi | File Image: AP Russian crude is turning even cheaper for Indian refiners with discounts widening to as much…
Last Updated:August 30, 2025, 15:44 is As Peter Navarro accuses India of fuelling Putin’s war for profit, the facts point to a very different reality, one of public sector sacrifice and price cap compliance Peter Navarro, a senior adviser to US President Donald Trump, launched a fresh attack on India this week. (News18) Peter Navarro,…