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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 IndiaSubscriber Only

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'.

India against unilateral sanctions, but likely to limit Russian oil imports

How US, EU sanctions on Russian oil could impact India's imports

October 24, 2025 11:04 am

India is among the handful of countries, along with China, which do not support unilateral sanctions against Russia.

Indian refiners’ heavy imports of Russian crude are seen as a lever that the Trump administration believes it can use to force the Kremlin’s hand into ending the Ukraine war.

India’s reliance on imported crude oil creeps up further on demand growth amid stagnant domestic production

October 23, 2025 10:19 am

Industry watchers believe that the import dependency level for the entire FY26 could be a tad higher than the April-September level, as was the case in the previous financial year.

Building barrels: What is fuelling China’s crude oil stockpiling overdrive?

October 13, 2025 2:04 pm

Why is China stockpiling so much crude, particularly when markets are expected to be well-supplied in the coming months? Here's what experts believe.

Top 10 most valuable global energy brands in 2025: Find out which Indian oil and gas brands are featured in the list.

Top 10 most valuable global energy brands in 2025: see which Indian firm ranks 10th strongest; 3 in top 100

October 08, 2025 12:50 pm

Top 10 most valuable global energy brands in 2025 list: India accounts for 3.5 per cent of the total global brand value of oil and gas companies as per BrandFinance's Energy 100 for 2025. Notably, Reliance and Hindustan Petroleum are among the companies that figure on the list of the most valuable energy brands.