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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

India has also committed to expand defence cooperation with Washington over the next decade.

India-US trade deal: 25 per cent penalty is off, monitoring of Russian oil imports in

February 08, 2026 7:48 am

The 25 per cent penalty tariff stands withdrawn from 12.01 am EST February 7 (10.31 am IST).

A billboard showing a US aircraft carrier with damaged jets on its deck, and sign reading: "If you sow the wind, you'll reap whirlwind," at the Enqelab-e-Eslami square, in Tehran, Iran, Jan. 25, 2026.

Why major West Asian powers don’t want Trump to hit Iran, topple its regime

January 26, 2026 11:44 am

According to tanker data, over 40% of crude oil imported by Indian refiners is transported from various oil-producing countries in West Asia via the Strait of Hormuz. Its importance for India’s energy supply and security cannot be understated.

US intercepts fifth sanctioned tanker oil

US intercepts fifth sanctioned tanker as it exerts control over Venezuelan oil distribution

January 10, 2026 9:14 am

In her post, Noem said the ship was “another ‘ghost fleet’ tanker ship suspected of carrying embargoed oil” and it had departed Venezuela “attempting to evade U.S. forces."

US capture of Maduro echoes its operations in Iran, Iraq and Libya

January 07, 2026 6:45 pm

The real reason why Maduro was deposed lies in oil and petro-dollars. Venezuela, at 303 billion barrels (BB), has the world’s largest proven oil reserves

According to experts, if Trump’s intentions for Venezuela’s oil industry turn into a concrete plan that is implemented, Venezuela could emerge as a significantly larger oil supplier than it is now.

Trump announces US takeover of Venezuela’s oil sector: What it could mean for global energy markets, and India

January 10, 2026 9:45 am

Although it accounts for less than 1% of global oil production, Venezuela has the largest oil reserves globally, estimated at over 300 billion barrels or a fifth of the proven oil reserves all over the world.

the Russian oil imported into India in December has fallen to a three-year-low of around 1.2 million barrels per day (bpd), down from 1.8 million bpd in November.

With US sanctions’ shadow on Rosneft, Lukoil, little-known intermediaries step in to supply Russian crude to India

December 30, 2025 10:42 pm

In December, the first full month after US sanctions on Rosneft and Lukoil took effect, the two suppliers’ share in Russian oil loadings for India crashed to 17.4 per cent, down from 63.1 per cent in November and 70.4 per cent in October.

US sanctions loom, Russian oil loading for Indian ports halves

November 21, 2025 4:56 am

Russian oil discharged at Indian ports in the first 20 days of November averaged 1.89 million barrels per day (bpd), up from 1.62 million bpd in October, according to provisional data from global commodity data and analytics provider Kpler.

The Reliance-owned Jamnagar refinery in Gujarat is the world's largest oil refinery.

Explained: Threat of US secondary sanctions, which could make Indian refiners pivot away from Russian oil

October 26, 2025 12:38 pm

US Secondary Sanctions: India has not sanctioned Russian oil companies, but the US's recent decision could impact its dealings because of 'secondary sanctions'.