Oil
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Massive explosion rocks Qatar gas plant; 54 injured, 18 missing
World | Jun 22, 2026, 08:29 AM ISTA powerful explosion and fire hit Qatar's Barzan gas plant in Ras Laffan Industrial City on Sunday evening. At least 54 people were injured and 18 remain missing, according to reports.
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Commercial LPG become costlier from June 1; cost up by Rs 42 in Delhi
Business | Jun 01, 2026, 07:13 AM ISTIn Delhi, the price has gone up by Rs 42, taking the retail rate to Rs 3,113.50 per cylinder. In Kolkata, the increase is steeper at Rs 53.50, with the new price reaching Rs 3,255.50.
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US extends sanctions waiver on Russian seaborne oil after India vows to keep purchasing
Business | May 19, 2026, 02:22 PM ISTThe government has stated that India's decision is based solely on commercial needs and will not be influenced by any external pressure.
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UAE to accelerate work on oil pipeline project to bypass Strait of Hormuz: Details
Business | May 15, 2026, 05:08 PM ISTThe ongoing conflict in West Asia has heightened India's concerns about potential disruptions to crude oil and gas supplies, particularly through the Strait of Hormuz, a critical shipping route for the country's energy imports.
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India, UAE sign MoU for strategic petroleum reserves, here's why it holds significance
Business | May 15, 2026, 03:24 PM ISTThe UAE recently exit from the Organization of the Petroleum Exporting Countries (OPEC), and is now free from the oil cartel's production limits, which are set primarily by Saudi Arabia.
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Trump launches 'project freedom' to escort stranded ships of Hormuz, warns Iran of forceful response
World | May 04, 2026, 05:57 AM ISTTrump issued a stern warning to Iran. He made it clear that any attempt to obstruct the evacuation of ships would be met with force.
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Govt not considering petrol, diesel price hike, calls such reports 'mischievous and misleading'
Business | Apr 23, 2026, 12:24 PM ISTThe Ministry of Petroleum and Natural Gas also stressed that India is the only country where petrol and diesel prices haven’t increased in the last 4 years.
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India caps refinery margins after windfall tax on exports to balance fuel losses amid West Asia war
Business | Apr 09, 2026, 08:41 PM ISTIndia has capped refinery margins and imposed windfall taxes to offset massive fuel losses arising from a surge in global crude prices. With petrol and diesel rates frozen since 2022, OMCs have introduced steep RTP discounts to manage soaring under-recoveries.
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'Tuesday, 8 PM ET': Trump pushes Iran deadline again after 'open the Strait' warning
World | Apr 06, 2026, 06:52 AM ISTDonald Trump appears to have extended his deadline for Iran by another 24 hours, giving it until Tuesday evening to agree to reopen the Strait of Hormuz. This will be the third time when the ultimatum has been delayed.
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Three mysterious large ships enter Strait of Hormuz thorugh new route along Oman coast
World | Apr 03, 2026, 02:32 PM ISTAll three vessels were operated by an Omani shipping company and identified themselves as Omani. Experts suggest this could signal the use of an alternate maritime route to avoid the standard path.
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Iran War Updates: Search and rescue on for US pilots after fighter jet shot down in Iran
World | Apr 05, 2026, 11:34 PM ISTIsrael-US-Iran War LIVE Updates: Top US Army leadership sees a sudden change as the war enters Day 35, with rising casualties, fresh missile attacks, and growing humanitarian concerns across Iran.
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UK to host 35-nation meet on reopening of Strait of Hormuz as global pressure mounts amid Iran war
World | Apr 02, 2026, 11:01 AM ISTAs many as thirty-five nations are moving to increase diplomatic pressure on Iran as attacks on commercial vessels have effectively shut the Strait of Hormuz. With global oil prices rising sharply, the United Kingdom is leading discussions on restoring maritime security.
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Trump to nations that didn't help in Iran war: 'Show courage, take your own oil from Hormuz'
World | Mar 31, 2026, 05:24 PM ISTDonald Trump urged countries hit by fuel shortages due to the Strait of Hormuz crisis to secure their own oil or buy from the US, signaling reduced American support amid tensions with Iran.
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'Favourite thing is to take the oil in Iran': Trump signals seizure of Kharg Island
World | Mar 30, 2026, 07:41 AM ISTThe island, which handles 90 per cent of Iran's oil exports, has long been critical to Tehran's economy. The US military already targeted Kharg Island with strikes on March 13.
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'Enough energy stock available, more ships to arrive soon': Government at all-party meeting
India | Mar 25, 2026, 07:43 PM ISTDefence Minister Rajnath Singh will chair the meeting. External Affairs Minister S Jaishankar, along with senior officials, will brief leaders on recent developments and India’s preparedness.
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No fuel shortage, supply steady across India: Oil Marketing Companies amid reports of panic buying
Business | Mar 25, 2026, 12:55 PM ISTIn official statements issued to the public, OMCs said that adequate stocks are currently available to meet national demand without any disruption.
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LPG ships head to India after safe transit through Strait of Hormuz | WATCH
India | Mar 24, 2026, 06:15 PM ISTThe two ships are carrying a total of over 92,000 metric tonnes of liquefied petroleum gas (LPG), which is widely used as cooking fuel in Indian homes. Both vessels are currently on their way to Indian ports and are expected to arrive between March 26 and March 28.
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India importing energy from 41 countries, holds 53 lakh MT strategic oil reserve: PM Modi
Business | Mar 23, 2026, 03:01 PM ISTIndia importing energy from 41 countries, holds 53 lakh MT strategic oil reserve: PM Modi
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Middle East conflict: 'Our position on Hormuz has neither changed now will change,' says Iran
World | Mar 23, 2026, 11:39 PM ISTIran War LIVE: Tensions continue to rise with no signs of easing. Iran has warned it could shut the Strait of Hormuz if the United States carries out strikes, after Donald Trump gave a 48-hour deadline. Iran has also threatened to target US and Israeli infrastructure in response to any attack.
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Russian oil tanker Aqua Titan bound for China arrives in India, first of seven ships diverted
India | Mar 22, 2026, 01:02 PM ISTRussian oil tanker, Aqua Titan, arrived at Mangaluru after being diverted from its original route to China. It is the first of several such vessels now heading to India.