Crude Oil
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Crude surge would have pushed petrol price to Rs 125 per litre without ethanol blending: Government
Business | Jul 31, 2026, 04:40 PM ISTThe government said that during the Middle East crisis, when crude oil prices reached around USD 135 per barrel, petrol prices in India could have reached around Rs 125 per litre.
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Amid rise in crude oil prices, government hikes windfall tax on diesel, ATF - Here's what it means
Business | Jul 16, 2026, 10:10 AM ISTThe ministry also said that there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption.
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Crude oil price hits 4-week high amid the escalating Middle East conflict, will it rise further?
Market | Jul 14, 2026, 12:38 PM ISTThe impact of the war has again begun to be felt in the Strait of Hormuz, and Iran has attacked oil tankers in Hormuz.
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Gulf crisis: Rajnath Singh convenes meet to review energy security after PM Modi's 'save oil' appeal
India | May 11, 2026, 03:52 PM ISTAddressing a large gathering in Hyderabad, Prime Minister Narendra Modi said the global supply chain remains under pressure and warned that the situation could create further economic challenges for countries dependent on imports.
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UAE mulls shifting to Chinese Yuan from US Dollar for oil payments as Iran conflict deepens: Report
World | Apr 20, 2026, 11:47 AM ISTThe United Arab Emirates has discussed a possible financial safety net with the United States amid rising concerns over the conflict with Iran. Officials raised the idea of a currency swap line to protect against economic shocks caused by disruptions in the Strait of Hormuz.
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US will not extend waiver allowing nations to buy Russian, Iranian oil; India among those affected
World | Apr 16, 2026, 07:24 AM ISTThe decision on Russian and Iranian crude oil sanctions signals an end to the Trump administration’s efforts to use sanctions waivers to increase oil supply and ease soaring global energy prices.
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Oil marketing companies losing Rs 18 per litre on petrol, Rs 35 on diesel
Market | Apr 14, 2026, 04:31 PM ISTExperts say that the losses incurred in March have wiped out the profits of January-February, and companies are expected to incur losses in the January-March quarter.
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Indigo Share Price: InterGlobe Aviation shares locked in 10% upper circuit as crude oil drops
Market | Apr 08, 2026, 09:56 AM ISTIndigo Share Price: InterGlobe Aviation shares locked in 10% upper circuit as crude oil drops to USD 95
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Crude oil prices plunge by USD 18 per barrel as US-Iran announce two-week ceasefire
World | Apr 08, 2026, 07:27 AM ISTThe United States has agreed to a 2-week ceasefire with Iran, proposed by Pakistan. President Donald Trump announced just 90 minutes before his deadline for a major military strike on the West Asian nation was set to expire.
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No Iranian crude diversion to China, India's energy security intact: Government clarifies
World | Apr 04, 2026, 02:55 PM ISTIndia has clarified that reports claiming an Iranian crude oil shipment was diverted to China are false. The government confirmed that Indian refiners’ crude oil supplies, including from Iran, remain secure and there are no payment issues.
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Aaj Ki Baat: Full episode, March 24, 2026
India | Mar 24, 2026, 08:07 PM ISTTrump claimed that the Iranian side contacted him to broker a truce in the Middle East, claiming they wanted to make a deal with the US. Tehran, however, refuted his claim.
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Aaj Ki Baat: Full episode, March 23, 2026
India | Mar 23, 2026, 08:23 PM ISTTrump said on Monday that he has directed the American military to postpone targeting Tehran's power plants and energy infrastructure for next five days following the recent talks with the Iranian side in the past two days.
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Global crude prices plunge 14% after Trump halts strikes on Iran's power plants
Business | Mar 23, 2026, 11:38 PM ISTEarlier in the day, US President Donald Trump announced that the American forces will halt strikes on Iran's energy infrastructure and power plants after positive talks between Tehran and Washington in the past two days.
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India says no bilateral talks with US on deployment of naval vessels in Gulf of Hormuz
India | Mar 16, 2026, 07:55 PM ISTThe Indian ship, Shivalik, has successfully crossed the Strait of Hormuz and reached Mundra Port without any issues. Another vessel, Jag Laadki, which departed from the United Arab Emirates with a crude oil cargo, is on a safe course towards India and is expect to arrive at Mundra Port tomorrow.
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Middle East unrest: Shivalik reaches India; crude oil tanker Jag Laadki from UAE to arrive tomorrow
India | Mar 16, 2026, 06:38 PM ISTThe ministry said the Jawaharlal Nehru Port (JLN Port) in Navi Mumbai is providing temporary storage facilities for cargo in view of the situation. To support cargo movement, the port has announced a 100 per cent waiver on storage charges for 15 days for cargo originating from the port.
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Trump takes steps to ease sanctions on Russian oil as crude prices surge during Iran war
World | Mar 13, 2026, 07:42 AM ISTTrump signalled earlier this week that he would take further action to ease restrictions on sanctioned oil to help make for the loss of oil flowing on the market because of the effective closure of the Strait of Hormuz.
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Oil prices rise to $119.50 per barrel as Iran-Israel war threatens transport routes, production
World | Mar 10, 2026, 07:18 AM ISTThe conflict, now in its second week, is ensnaring countries and infrastructure critical to the production and transportation of oil and gas worldwide. And there's no end in sight.
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Crude oil prices surpass $100 a barrel as Iran war impedes production and shipping
World | Mar 09, 2026, 07:49 AM ISTThe last time US crude futures traded above $100 per barrel was June 30, 2022, when the price reached $105.76. For Brent, it was July 29, 2022, when the price hit $104 per barrel.
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'India never depended on any country's permission': Centre on US waiver on Russian oil purchase
India | Mar 07, 2026, 05:31 PM ISTIndia also confirmed that it continues to import Russian oil, citing a temporary waiver granted by the United States due to the war in the Middle East. The Centre said New Delhi does not require permission from any country to make such purchases.
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US-Iran-Israel war: India holds 25 days of crude reserves, no fuel price hike planned, say sources
Business | Mar 03, 2026, 04:46 PM ISTBrent crude price has reached near USD 80 per barrel and is expected to rise further as the Strait of Hormuz, one of the world’s most critical oil transit chokepoints, has been shut by Iran.