Representative image (Photo credit: AP) Ukrainian drone strikes triggered fires at multiple Russian oil facilities overnight into Saturday, Russian officials said, marking the latest in a series of at...
NEW DELHI: Ten Indian sailors, detained in Iran in July 2025 on board an oil tanker, have been released after “sustained diplomatic engagement”, Directorate General of Shipping said in a statement on ...
Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from th...
Dalal Street is heading into the new trading week with global uncertainty firmly in focus, as investors keep a close watch on the evolving situation in the Middle East, fluctuations in crude oil price...
Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the United States, as Indian refiners increased purchases of cheaper heavy crude amid disru...
The United States military boarded an Iranian-flagged oil tanker in the Gulf of Oman on Wednesday, escalating pressure on Tehran as the Trump administration pushes Iran to reopen the Strait of Hormuz ...
The rupee slipped to a fresh all-time low against the US dollar on Wednesday, extending its recent losing streak as rising oil prices, overseas debt repayments and importer demand for hedging continue...
Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-...
NEW DELHI: Petroleum minister Hardeep Singh Puri on Tuesday said public sector oil marketing companies may not be able to sustain daily losses of Rs 1,000 crore from selling petrol and diesel below ma...
State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices trigger...