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India-Bound Oil Supertanker Booked At 897% Freight Rate

India-Bound Oil Supertanker Booked At Nearly 9 Times Freight Rate A supertanker heading toward India has been provisionally booked from the Persian Gulf at an unusually high freight rate, highlighting a sharp shortage of available vessels in the region. According to shipbrokers cited in the report, the very-large crude carrier, or VLCC, was booked at 897 Worldscale points, meanin

Business

25 Jun 2026 14:18 PM 1 views

India-Bound Oil Supertanker Booked At 897% Freight Rate

India-Bound Oil Supertanker Booked At Nearly 9 Times Freight Rate A supertanker heading toward India has been provisionally booked from the Persian Gulf at an unusually high freight rate, highlighting a sharp shortage of available vessels in the region. According to shipbrokers cited in the report, the very-large crude carrier, or VLCC, was booked at 897 Worldscale points, meanin

Business

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time The reopening of the Strait of Hormuz after a reported US-Iran understanding has eased fears of a major oil supply shock. Crude oil prices have started cooling, but Indian consumers may not see an immediate drop in petrol, diesel, or LPG prices. The development is important for India because the Strait of Hormuz is one of the world’s most crucial oil shipping routes. A large share of gl

Business

15 Jun 2026 17:38 PM 2 views

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time The reopening of the Strait of Hormuz after a reported US-Iran understanding has eased fears of a major oil supply shock. Crude oil prices have started cooling, but Indian consumers may not see an immediate drop in petrol, diesel, or LPG prices. The development is important for India because the Strait of Hormuz is one of the world’s most crucial oil shipping routes. A large share of gl

Business

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally Indian stock markets ended Monday’s session with strong gains as optimism over a possible US-Iran peace deal lifted investor sentiment and eased concerns over crude oil supply disruptions. The BSE Sensex closed at 76,176.54, rising 648.59 points or 0.86 per cent. The NSE Nifty50 ended at 23,848.10, gaining 225.20 points or 0.95 per cent. During the day, the Sensex had climbed more than

Stock Market

15 Jun 2026 17:15 PM 1 views

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally Indian stock markets ended Monday’s session with strong gains as optimism over a possible US-Iran peace deal lifted investor sentiment and eased concerns over crude oil supply disruptions. The BSE Sensex closed at 76,176.54, rising 648.59 points or 0.86 per cent. The NSE Nifty50 ended at 23,848.10, gaining 225.20 points or 0.95 per cent. During the day, the Sensex had climbed more than

Stock Market

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

India, Venezuela Crude Oil Imports Rise As Saudi Supply Drops Venezuela Becomes Key Oil Supplier Venezuela has emerged as India’s third-largest crude oil supplier in May, overtaking Saudi Arabia and the United States. The rise comes as Indian refiners increased purchases of cheaper Venezuelan crude during global supply disruptions. According to Kpler data, Venezuela supplied around 417,000 barrels per day to India in May, com

Business

22 May 2026 11:41 AM 5 views

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

India, Venezuela Crude Oil Imports Rise As Saudi Supply Drops Venezuela Becomes Key Oil Supplier Venezuela has emerged as India’s third-largest crude oil supplier in May, overtaking Saudi Arabia and the United States. The rise comes as Indian refiners increased purchases of cheaper Venezuelan crude during global supply disruptions. According to Kpler data, Venezuela supplied around 417,000 barrels per day to India in May, com

Business

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

Prime Minister Narendra Modi will lead an important Council of Ministers meeting at Seva Teerth in Delhi at 4 pm on Thursday. All Union ministers, including Cabinet ministers, ministers of state with independent charge, and ministers of state, have been requested to stay in the capital to ensure full attendance. This meeting follows PM Modi’s foreign tour and is expected to focus on governance priorities, regional geopolitical issues, and potential political developments within the governme

Government Policies

21 May 2026 10:52 AM 5 views

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

Prime Minister Narendra Modi will lead an important Council of Ministers meeting at Seva Teerth in Delhi at 4 pm on Thursday. All Union ministers, including Cabinet ministers, ministers of state with independent charge, and ministers of state, have been requested to stay in the capital to ensure full attendance. This meeting follows PM Modi’s foreign tour and is expected to focus on governance priorities, regional geopolitical issues, and potential political developments within the governme

Government Policies

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Fuel Price Hike Fear Grows After Russian Oil Waiver Ends Russian Oil Waiver Ends, Fuel Price Pressure Rises India may face fresh pressure on petrol and diesel prices after the United States allowed a key sanctions waiver on Russian seaborne oil purchases to expire. The decision comes at a sensitive time when global crude oil prices are already rising due to West Asia tensions and fears of supply disruption around the Strait of Horm

Business

18 May 2026 14:39 PM 6 views

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Fuel Price Hike Fear Grows After Russian Oil Waiver Ends Russian Oil Waiver Ends, Fuel Price Pressure Rises India may face fresh pressure on petrol and diesel prices after the United States allowed a key sanctions waiver on Russian seaborne oil purchases to expire. The decision comes at a sensitive time when global crude oil prices are already rising due to West Asia tensions and fears of supply disruption around the Strait of Horm

Business

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut

National News

27 Mar 2026 15:53 PM 588 views

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut

National News

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

Amid rising geopolitical tensions in West Asia and growing concerns over possible disruptions in the Strait of Hormuz, the government has reassured citizens that India’s oil reserves and fuel supply remain stable. Officials said there is no need for panic buying or hoarding of petrol, diesel or LPG cylinders, as adequate stocks are available to meet domestic demand. According to government sources, India currently maintains around 25 days of crude oil and petroleu

Global Conflicts

06 Mar 2026 11:41 AM 634 views

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

Amid rising geopolitical tensions in West Asia and growing concerns over possible disruptions in the Strait of Hormuz, the government has reassured citizens that India’s oil reserves and fuel supply remain stable. Officials said there is no need for panic buying or hoarding of petrol, diesel or LPG cylinders, as adequate stocks are available to meet domestic demand. According to government sources, India currently maintains around 25 days of crude oil and petroleu

Global Conflicts

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#crude-oil

India-Bound Oil Supertanker Booked At 897% Freight Rate

India-Bound Oil Supertanker Booked At 897% Freight Rate

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

Kannur University Launches Accident Insurance Cover For 17,343 Students

Ahana Deol Breaks Down As Hema Malini Receives Dharmendra’s Padma Vibhushan 2026

Sonia Gandhi Responding Well to Treatment, Remains Under Observation

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Maha Shivratri: Celebrating Lord Shiva's Power, Rituals, and Spiritual Significance

Pune Beautician Under CBI Lens In NEET-UG Leak Case

Jammu & Kashmir Take Control on Day 1 as Shubham Pundir Hits Century, Yawer Hassan Shines

BBC Newsroom Job Cuts: Hundreds Of Roles At Risk In Cost-Saving Drive

NEET-UG 2026 Retest Date Announced, Admit Cards To Release On June 14

SpaceX IPO Filing 2026 Reveals Starlink Profit And AI Losses

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Kannur University Launches Accident Insurance Cover For 17,343 Students

Ahana Deol Breaks Down As Hema Malini Receives Dharmendra’s Padma Vibhushan 2026

Sonia Gandhi Responding Well to Treatment, Remains Under Observation

ZEE5 Brings Bhaichung Bhutia Onboard For FIFA World Cup 2026 Expert Panel

Maha Shivratri: Celebrating Lord Shiva's Power, Rituals, and Spiritual Significance

Pune Beautician Under CBI Lens In NEET-UG Leak Case

Jammu & Kashmir Take Control on Day 1 as Shubham Pundir Hits Century, Yawer Hassan Shines

BBC Newsroom Job Cuts: Hundreds Of Roles At Risk In Cost-Saving Drive

NEET-UG 2026 Retest Date Announced, Admit Cards To Release On June 14

SpaceX IPO Filing 2026 Reveals Starlink Profit And AI Losses

#crude-oil

India-Bound Oil Supertanker Booked At 897% Freight Rate

India-Bound Oil Supertanker Booked At 897% Freight Rate

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

India Venezuela Crude Oil Imports Rise As Saudi Supply Drops In May

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

PM Modi Leads Crucial Cabinet Meeting on West Asia Crisis and Reshuffle Speculation

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Petrol, Diesel Prices May Rise Again as Russian Oil Waiver Ends

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

India has adequate fuel stocks amid Strait of Hormuz tensions, says govt

Kannur University Launches Accident Insurance Cover For 17,343 Students

Ahana Deol Breaks Down As Hema Malini Receives Dharmendra’s Padma Vibhushan 2026

Sonia Gandhi Responding Well to Treatment, Remains Under Observation

ZEE5 Brings Bhaichung Bhutia Onboard For FIFA World Cup 2026 Expert Panel

Maha Shivratri: Celebrating Lord Shiva's Power, Rituals, and Spiritual Significance

Pune Beautician Under CBI Lens In NEET-UG Leak Case

Jammu & Kashmir Take Control on Day 1 as Shubham Pundir Hits Century, Yawer Hassan Shines

BBC Newsroom Job Cuts: Hundreds Of Roles At Risk In Cost-Saving Drive

NEET-UG 2026 Retest Date Announced, Admit Cards To Release On June 14

SpaceX IPO Filing 2026 Reveals Starlink Profit And AI Losses

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