Fuel Calm Amid Global Tensions: Centre Assures India Has Months of Energy Security
At a time when the ongoing conflict involving United States, Israel and Iran has triggered anxieties over global oil flows, the Indian government has stepped in to calm nerves. The Ministry of Petroleum and Natural Gas on Thursday asserted that the country’s energy supply remains robust, with sufficient reserves to meet demand for “many months.” The reassurance comes against the backdrop of […]
Fuel Tax Cut Amid Global Oil Shock: Relief Move or Hidden Price Shield for OMCs?
India’s sharp cut in excise duty on petrol and diesel comes at a time when global oil markets are under intense pressure, but for consumers expecting an immediate drop in prices, the reality may be far more complex. On Friday, the Centre reduced excise duty by ₹10 per litre on both fuels, bringing it down […]
India Secures Safe Passage for LPG Tankers Through Strait of Hormuz After Diplomatic Talks With Iran
India’s diplomatic engagement with Iran has delivered an early breakthrough after two Indian-flagged liquefied petroleum gas (LPG) tankers successfully crossed the strategically sensitive Strait of Hormuz, even as regional tensions continue to disrupt global shipping routes. External Affairs Minister S. Jaishankar confirmed that sustained dialogue with Tehran has produced results, allowing the tankers to transit […]
India Secures 30 Million Barrels of Russian Oil as Strait of Hormuz Disruption Threatens Energy Supply
India has secured nearly 30 million barrels of Russian crude oil after receiving temporary approval from the United States, as escalating tensions in the Middle East disrupt one of the world’s most crucial energy supply routes. The move highlights the growing pressure on India’s energy security as the conflict involving the United States, Israel, and […]
Trump–Putin Alaska Summit Ends With No Deal, India Stuck in the Middle
The much-hyped meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska ended without results. Trump had promised he would push for a ceasefire in Ukraine, but the talks gave little hope. Instead, the optics told another story: Putin, once treated as a global outcast, got the rare chance to share the […]
Russia Backs India’s Trade Autonomy Amid Trump’s Tariff Threats
Russia has firmly supported India’s right to pursue independent trade policies, just a day after U.S. President Donald Trump threatened to “substantially” raise tariffs on New Delhi over its purchase of Russian oil. “We believe that sovereign countries must have and do have the right to choose their trade partners,” Kremlin spokesperson Dmitry Peskov told […]
US Tariffs Test India Ties, But Trade Talks Stay on Course
Amid heated political rhetoric and punitive tariffs, India and the United States remain “intensely engaged” in trade negotiations aimed at finalizing a mutually beneficial agreement by the end of this month. According to officials familiar with the talks, the discussions are proceeding “strictly within the bilaterally agreed framework” established earlier this year—untouched by broader geopolitical […]
Iran Threatens to Block Strait of Hormuz: What It Means for the World — and India
Iran’s Parliament has approved a proposal to block the Strait of Hormuz, escalating tensions after the US conducted airstrikes on three Iranian military sites. While the final decision rests with Iran’s Supreme National Security Council, global markets and major oil-importing nations, including India, are watching closely. Here’s what the threat to block the Strait means […]