PM Modi on Middle East war; lists key steps taken on oil & LPG – warns of lasting fallout

[ad_1] “The West Asia war set unprecedented challenges for India too,” he said. Prime Minister Narendra Modi on Monday described the situation in the Middle East as “worrisome,” noting that it is significantly affecting the global economy as well as people’s livelihoods. “The West Asia war set unprecedented challenges for India too. The West Asia […]

From oilfield to kitchen flame: India’s crude oil and gas supply chain explained

[ad_1] AI image for representative purpose only On any given morning in India, a quiet choreography of energy unfolds. In a Delhi kitchen, a blue LPG flame hisses beneath a pressure cooker. Hundreds of kilometres away, a freight truck hums along the Delhi–Mumbai Expressway, its engine burning diesel. At Bengaluru airport, a jet roars down […]

Russia retains top spot as India’s crude source despite US pressure

[ad_1] NEW DELHI: Crude imports from Russia remained at the top of India’s oil basket despite US warning New Delhi against purchases from Moscow and the Trump administration later levying an additional 25% penal tariff.Indian oil purchases from Moscow picked up in 2023, soon after the Ukraine war broke out and Russian crude became available […]

India import of Russian crude in December lowest since February 2025

[ad_1] NEW DELHI: India imported crude worth $2.7 billion from Russia in Dec 2025, the lowest monthly import from the country since Feb last year, reflecting the impact of the US imposing sanctions on Russian oil majors Rosneft and Lukoil — two major contributors to oil exports to India.The US had announced sanctions on the […]

Russia oil squeeze: Trump’s 100% tariff threat – should India panic?

[ad_1] Penalty tariffs by the US would mean that Russia’s crude oil imports would no longer be a lucrative option for India. US President Donald Trump’s fresh threat of 100% secondary tariffs on countries trading with Russia poses an important question – will India’s crude oil supply be hit? At present, India and China are […]