Iran shuts down the Strait of Hormuz; What does it mean for Global Oil Markets?
Iran’s temporary closure of parts of the Strait of Hormuz during live-fire military drills has reignited global concerns over energy security, maritime safety, ...
Tag: Oil
India Buys 2 Million Barrels of Venezuelan Oil as It Diversifies Imports; What Does It Mean for Russian Crude?
India’s big state‑owned oil companies, the Indian Oil Corporation Limited (IOC) and Hindustan Petroleum Corporation Limited (HPCL) have bought 2 million barrels of ...
The Hidden Cost of The India- US Trade Deal
The buzz around the upcoming India-US trade agreement has been dominated by geopolitical optimism and visions of greater economic alignment between the world’s ...
Middle East Conflict: Time to explore India’s Crude Import options
From India’s point of view, Iran seriously entering and expanding the Israel-Hezbollah conflict will immediately impact its energy security. However, the silver lining ...
From Reserves to Remuneration: India’s Oil Cavern Lease Deal with Abu Dhabi
India's quest for energy security has taken a transformative turn with the Government's decision to lease out underground caverns originally designated for storing ...
Jaishankar comes crashing down on EU’s threat of sanctions
Looks like the bad days aren’t over yet for European Union. In another hilarious move, they’ve not only increased their parameter of sanctions ...
India-Russia trade to be in Rupee-Rouble, its official
India-Russia trade is reaching the peak of its potential. Within 9 months of this financial year, bilateral trade has increased by more than ...
Nothing. Repeat, nothing can stop India from buying Russian oil
G7 oil price cap: Until the renewable energy dream comes to fruition, oil is going to remain the key driver of our foreign ...
India’s dependence on gulf nations is officially in its last phase
Contrary to what is being preached, that the concept of Indian state was derived in the 20th century after the British had taken ...
‘Champions’ of Free Market Economy get jackhammered by India at SCO
When a country has lots on the economic platter, it can propagate any theory and claim that the particular theory is the reason ...
India-Russia will together neutralise Western hegemony through Arctic
No matter which government has been in power in both countries, India-Russia ties have always remained stable. However, very few would have thought ...
Historic: US is buying oil from India!
Rattled by India’s outright rejection to reduce the imports of Russian crude oil, America is devising innovative ideas to stop India from buying ...
