Come March 2026, with the US-Iran war, Russian oil flows to India reached levels last seen a few years ago. (AI image) Missiles, mines, attacks on ships, US blockade, Iran’s closure – the Strait of Hormuz has de facto been closed since the start of the Middle East conflict since late February. Several weeks later, […]
In a boost to India’s energy security, several MoUs have been signed during PM Narendra Modi’s UAE visit on Friday. PM Modi’s visit to the UAE amid the ongoing US-Iran conflict and global crude oil price shock holds particular significance.According to an ANI report, several key agreements and investment commitments were announced during the trip. […]
“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 conflict […]
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 the […]
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 at […]
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 two […]
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 the […]
