More than oil though, it is the disruptions in LPG imports from West Asia that are having an immediate impact. (AI image) Oil, LPG, and LNG – the backbone of a growing Indian economy – hav...
Oil prices surged to $120 a barrel before retreating to $102 Monday as Saudi Arabia was reported to be cutting output, adding to the supply squeeze due to disruption in the Strait of Hormuz.Finance mi...
Recently, the rare scientific phenomenon received global attention after reports from Tehran in March 2026 indicated that residents observed ‘dark rain’ following airstrikes on oil storage facilities....
Rupee came under sharp pressure in early trade on Monday, slipping close to its record intra-day low as surging crude oil prices and a stronger US dollar weighed on the domestic currency amid escalati...
The Middle East conflict is entering another week, and its ripple effects are already being felt across the global economy. As tensions intensify, trade flows, energy supplies and food production are ...
NEW DELHI: India never stopped sourcing crude from Russia, government sources said on Saturday, despite US President Donald Trump’s linking the withdrawal of a 25% penalty tariff in the proposed...
NEW DELHI: Congress on Saturday launched a scathing attack on Prime Minister Narendra Modi over the recent US 30-day waiver allowing New Delhi to buy Russian oil. The attack was charged with the quote...
The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions...
MUMBAI: The government’s decision to hold back cuts in retail petrol and diesel prices despite the earlier fall in global crude has given oil marketing companies (OMCs) room to cushion the impac...
India faces a higher import burden when global prices rise, along with possible inflationary effects. (AI image) Internationally, oil prices have risen by around 9-10% following Israel-US strikes on I...