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Always take Donald Trump’s words with a pinch of salt

March 24, 2026 12:37 pm

The idea that this pause allows Israel to replenish its interceptor and strike missile stocks against Iran is plausible. In prolonged missile exchanges, attrition turns into the key factor

For India, war in West Asia and extreme summer temperatures could trigger a double inflation shock

March 11, 2026 10:06 am

Energy disruptions and heatwaves may collide to drive food prices higher across India

With steep dip in crude price, India oil imports up 2.4%, but bill down 12%

December 30, 2025 6:26 am

The country’s net oil and gas imports — crude oil, petroleum products, and natural gas — for the eight-month period were also down over 12 per cent year-on-year in value terms.

In April, along with hike in excise duty on petrol and diesel, LPG prices were hiked by Rs 50 per cylinder, to provide some relief to the OMCs on cooking gas sales. (Reuters Photo)

Govt approves Rs 30,000-crore compensation to oil marketing companies for their losses on cooking gas sales

August 08, 2025 6:42 pm

The Union Cabinet also approved the continuation of cooking gas subsidy for poor households under the Pradhan Mantri Ujjwala Yojana (PMUY) for 2025-26 at an expenditure of Rs 12,000 crore.

India oil import, India oil import demand, Strait of Hormuz risk, Russia crude dominance, West Africa US Latin America suppliers, Iran attacks US base, war risk oil premium impact, refining sector, global oil price volatility, Indian express

India set to ramp up oil imports from Russia, Africa, US and Latin America

June 24, 2025 8:54 am

India’s oil sourcing strategy is already reflecting a risk-hedged posture pertaining to West Asian oil flows with Russian oil dominating India’s oil import mix.

Oil tumbles 8% below $65 as China retaliates with tariffs on US

April 04, 2025 6:14 pm

Nations around the world have readied retaliation after Trump raised tariff barriers to their highest in more than a century, leading to a plunge in world financial markets.

Crude oil prices slip on signs of weak fuel demand, strong dollar

May 13, 2024 12:42 pm

Brent crude futures slid 7 cents, or 0.1%, to $82.72 a barrel while US West Texas Intermediate crude futures were at $78.21 a barrel, down 5 cents.

Crude oil prices set for weekly gain as data from US, China points higher demand

May 10, 2024 12:37 pm

Falling US crude inventories spurred by higher refinery runs coincided with data released on Thursday showing China's oil imports in April were higher than last year on signs of improving trade activity.

Oil rebounds as Mideast tensions persist, but set for weekly loss

April 12, 2024 11:42 am

Brent crude futures climbed 51 cents, or 0.57%, to $90.25 a barrel by 0420 GMT, while U.S. West Texas Intermediate crude futures rose 61 cents, or 0.72%, to $85.63.