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India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India is accelerating the signing of contracts for crude oil and LPG imports, aiming to diversify its supply sources amidst disruptions caused by the ongoing conflict in the Middle East. The country's need for oil has been rising, with daily imports averaging 5.5 to 6 million barrels. After Russia's oil imports were reduced as part of an agreement with the U.S., India has been exploring new avenues to ensure stable oil supplies, including from Russia, despite the geopolitical tensions.

India News

26 Mar 2026 16:13 PM

India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India is accelerating the signing of contracts for crude oil and LPG imports, aiming to diversify its supply sources amidst disruptions caused by the ongoing conflict in the Middle East. The country's need for oil has been rising, with daily imports averaging 5.5 to 6 million barrels. After Russia's oil imports were reduced as part of an agreement with the U.S., India has been exploring new avenues to ensure stable oil supplies, including from Russia, despite the geopolitical tensions.

India News

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,

Global News

26 Mar 2026 16:13 PM

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,

Global News

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a

Global News

25 Mar 2026 17:57 PM

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a

Global News

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Russia has said it has not received any formal communication from India indicating that the country plans to stop purchasing Russian oil, casting doubt on recent claims by U.S. President Donald Trump that New Delhi had agreed to halt such imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow has yet to hear any official statement from the Indian government suggesting that energy flows between the two countries are being curtail

Global News

04 Feb 2026 14:41 PM

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Russia has said it has not received any formal communication from India indicating that the country plans to stop purchasing Russian oil, casting doubt on recent claims by U.S. President Donald Trump that New Delhi had agreed to halt such imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow has yet to hear any official statement from the Indian government suggesting that energy flows between the two countries are being curtail

Global News

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#oil-news

India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Mumtaz’s Bold Remark On Zeenat Aman’s Acting Creates Buzz

Bengaluru Corporate Daycare FIR Raises Child Safety Concerns After Abuse Allegationsc

Jana Nayagan Vs Karuppu: Why Vijay Picked A Political Farewell Film

From Divine to Defined: Why Screen Gods Now Look Like Fitness Icons

Sabareesan Sends Legal Notices To TVK Ministers Over Graft Allegations

AIADMK Rift Surfaces During Vijay Government Floor Test

Top NASA-Recommended Air Purifying Indoor Plants For A Healthier Home

Sabari Varman Custody Death: Three Jail Staff Arrested

Asian Boxing Championships 2026: Suresh, Siwach Advance to Quarterfinals

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Mumtaz’s Bold Remark On Zeenat Aman’s Acting Creates Buzz

Bengaluru Corporate Daycare FIR Raises Child Safety Concerns After Abuse Allegationsc

Jana Nayagan Vs Karuppu: Why Vijay Picked A Political Farewell Film

From Divine to Defined: Why Screen Gods Now Look Like Fitness Icons

Sabareesan Sends Legal Notices To TVK Ministers Over Graft Allegations

AIADMK Rift Surfaces During Vijay Government Floor Test

Top NASA-Recommended Air Purifying Indoor Plants For A Healthier Home

Sabari Varman Custody Death: Three Jail Staff Arrested

Asian Boxing Championships 2026: Suresh, Siwach Advance to Quarterfinals

Ganga Expressway Opens Boosting Travel From Delhi Noida And Haryana To Prayagraj

#oil-news

India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India Fast-Tracks Oil and LPG Import Deals Amid Middle East Supply Crisis

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

Oil at $150: BlackRock CEO Warns of Potential Economic Fallout

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Kremlin questions India’s Russian oil halt claim after new U.S. trade agreement

Mumtaz’s Bold Remark On Zeenat Aman’s Acting Creates Buzz

Bengaluru Corporate Daycare FIR Raises Child Safety Concerns After Abuse Allegationsc

Jana Nayagan Vs Karuppu: Why Vijay Picked A Political Farewell Film

From Divine to Defined: Why Screen Gods Now Look Like Fitness Icons

Sabareesan Sends Legal Notices To TVK Ministers Over Graft Allegations

AIADMK Rift Surfaces During Vijay Government Floor Test

Top NASA-Recommended Air Purifying Indoor Plants For A Healthier Home

Sabari Varman Custody Death: Three Jail Staff Arrested

Asian Boxing Championships 2026: Suresh, Siwach Advance to Quarterfinals

Ganga Expressway Opens Boosting Travel From Delhi Noida And Haryana To Prayagraj

Popular Locations