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News india India Turns To Venezuela As Hormuz Disruptions Put Gulf Oil Flows At Risk Last Updated:August 20, 2026, 7:43 PM IST More domestic output can’t end India’s import dependence, but it can reduce the need for overseas crude. Venezuelan oil has returned to India’s import mix after purchases resumed in April. The increase has…
Helsinki: Hitting out at the double standards of the Western nations, Foreign Minister S Jaishankar defended India’s decision to buy Russian oil from 2022, after Moscow invaded Ukraine, saying the move was taken on the United States’ request to keep global oil prices low. Addressing an event during his visit to Finland, Jaishankar also criticised…
The US has renewed temporary waivers that would allow the purchase of Russian oil already loaded onto tankers, despite Treasury Secretary Scott Bessent ruling out any such relief earlier this week. Being a key importer of Russian oil, India would be a major beneficiary of the move, securing its oil needs in the tumultuous energy…
Cuba had restored power to nearly half of the capital Havana by Sunday afternoon, officials said, less than 24 hours after the national grid collapsed for the second time in a week amid a US oil blockade that has dealt a major blow to the island’s already ailing energy infrastructure. The grid failed Saturday evening…
Due to the ongoing war between America and Israel with Iran, the prices of crude oil across the world have increased beyond 100 dollars. To control this, the Trump administration has also given temporary permission to other countries to buy Russian oil stranded in the sea. Earlier, America had asked India to ease the restrictions…
America and Israel are continuously attacking Iran. Iran has also refused to lay down its arms and is giving a befitting reply. Meanwhile, there is news that Iran has started laying sea mines in the Strait of Hormuz. read more According to CNN report, iran In the last few days, it has laid dozens of…
As the Middle East war enters Day 10, Parliament saw its own showdown – the Opposition ditching its impeachment plan to demand a full war debate, while EAM Jaishankar outlined India’s stance of dialogue and de escalation. With charges of politicisation flying, the big question remains: Is this leadership or opportunism? Source link [ad_3]
In his address on the Middle East conflict’s fallout, Congress leader Mallikarjun Kharge highlighted concerns over India’s energy security, urging the government to explain its preparedness as global oil markets turn volatile. Source link [ad_3]
The United States has “reached out to India” to purchase Russian oil currently sitting in floating storage in southern Asia as part of a short-term effort to ease pressure on global oil markets, US Energy Secretary Chris Wright said in an interview with ABC News. The temporary measure, he said, is designed to quickly move…
India will purchase crude oil from Russia, government sources told NDTV Friday morning, providing much-needed assurances on energy supply volatility amid the US-Israel-Iran war. Sources also said efforts to stabilise petrol prices had ‘paid off’ thanks to ‘continuous negotiation on multiple fronts’ and stressed ‘the crude oil situation is under control’. Source link [ad_3]