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‘India, buy your oil elsewhere’: Senator after US House passes Russia sanctions bill
September 17, 2026 2:44 pm
Democratic Senator Richard Blumenthal's warning came after the House vote. Some reports quoted him as telling India and China to “clean up your act” and buy oil and gas elsewhere.
After oil surge, Fed rate hike will shape challenge
September 14, 2026 12:06 am
There is a need for fiscal prudence and to guard against government over spending spilling over into higher current account deficits.
A volatile oil market is free advertising for everything Chinese
June 22, 2026 3:30 pm
When the Strait of Hormuz closed, the warnings were everywhere: An energy-hungry China caught flat-footed, prices it couldn't control, an economy about to wobble. The wobble never came
Strait of Hormuz reopens after US-Iran MoU, but world has lost 1.15 billion barrels: Report
June 19, 2026 9:05 pm
The oil market undoubtedly believes Trump’s timing is. Prices have fallen really low in recent days after the signing of the memorandum of understanding, as he predicted.
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.
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 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.
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