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crude oil news

Why oil prices are surging explained: US-Iran tensions spark global supply fears

Oil prices surge after fresh US-Iran tensions (Pexel/Representative image)
us news
Updated on Jul 08, 2026 07:37 pm IST

India's oil ministry vs Bhutanese news outlet over 'rejection' of E20 petrol

Union minister for petroleum and natural gas Hardeep Singh Puri fills ethanol-blended fuel in a car during the launch of 'E85', a blend of 85% ethanol and 15% petrol, at an Indian Oil fuel station in New Delhi in June. For now, the debate is raging over E20 even as E85 and flex fuel are being touted by the Modi government.
india news
Updated on Jul 06, 2026 04:08 pm IST

Why US gasoline may not return to $3 anytime soon, explained

US gasoline prices are falling after the Iran peace deal, but $3 gas may not return soon. (Pexel/Representative images)
us news
Published on Jul 04, 2026 12:27 am IST

India's oil import cost falls below $70 but petrol, diesel price cut unlikely

People refuel their vehicles at a petrol pump, in Amritsar.
india news
Updated on Jun 30, 2026 12:00 pm IST

Mapping Russian investment in India

The Russia-India connection has remained constant over decades because ties have had an identity of interests all through. (ANI)
international affairs
Published on Jun 28, 2026 12:02 am IST

Doubled in months: K'taka hoteliers seek LPG price rollback amid crude rate fall

India has removed restrictions on supplies of commercial liquified petroleum gas imposed during the Middle East war when energy supplies were hit by the closure of the Strait of Hormuz.
india news
Updated on Jun 27, 2026 08:59 pm IST

US oil prices today: WTI crude falls to $69, fueling hopes for lower gas prices

US oil prices fell 3% as hopes of a US-Iran deal (Pexel/Repersentative image)
us news
Updated on Jun 26, 2026 08:18 pm IST

11 India-bound oil, gas, and fertiliser vessels cross Hormuz after US-Iran deal

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026 (REUTERS)
india news
Updated on Jun 24, 2026 12:00 am IST

Oil at three-month low as US-Iran deal set to revive its supply

Producers, shippers and traders are now assessing whether the agreement will prove to be durable.
world news
Updated on Jun 17, 2026 02:35 pm IST

Crude oil prices drop 4.7% after US-Iran deal; here's what experts say

Crude oil prices fell after the US-Iran peace deal. (Pexel/Representative image)
us news
Updated on Jun 15, 2026 06:03 pm IST

Bulk sale ban, cap on diesel: Govt invokes Essential Commodities Act on fuel

Thane: Petrol and diesel prices have been increased across the country from midnight yesterday. (Photo by Praful Gangurde/Hindustan Times)
india news
Updated on Jun 14, 2026 05:53 pm IST

Kuwait offers oil to Asian buyers for the first time since US-Iran war began

3D-printed oil pump jacks and the Kuwait Petroleum Corporation (KPC) logo appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
world news
Updated on Jun 10, 2026 08:28 am IST

China’s oil imports plunge to eight-year low on war disruptions

While China has continued adding to its strategic petroleum reserves during the war, processors have increasingly relied on refinery-held inventories rather than fresh imports, according to Kpler.
business
Updated on Jun 09, 2026 12:10 pm IST

Oil steady as Israel, Iran halt hostilities that risked Tehran's talks with US

Tugboats move a crude oil tanker to its berth at the oil terminal at the port in Qingdao, in China's eastern Shandong province on June 8, 2026.
world news
Published on Jun 09, 2026 09:58 am IST

US extends sanctions waiver on Russian seaborne oil: What it means for India

Trump’s Second U-Turn In 24 Hours? US Extends Russian Oil Waiver After Letting It Lapse |Iran,Hormuz
india news
Updated on May 19, 2026 01:23 pm IST

Inside India’s strategic oil reserves, and how Hormuz affects the math

Focus on India’s strategic oil reserves amid prolonged Iran conflict and choked Strait of Hormuz
india news
Updated on May 18, 2026 08:42 pm IST

Global oil prices ease after Iran confirms 30 vessels crossed Strait of Hormuz

An oil tanker sits at anchor in the Strait of Hormuz off Bandar Abbas.
world news
Updated on May 17, 2026 06:00 pm IST

Oil holds steady after Trump-Xi meeting signals hope for US-China cooperation

US President Donald Trump (left) with China's Xi Jinping in Beijing on Thursday.
world news
Published on May 14, 2026 04:52 pm IST

‘Shock coming, prepare for the worst’: Uday Kotak on India impact of US-Iran war

Uday Kotak said that India needed stronger financial discipline.
india news
Updated on May 13, 2026 12:00 pm IST

China, Iran hold talks to discuss opening of Strait of Hormuz

China, Iran hold talks to discuss opening of Strait of Hormuz
us news
Published on May 06, 2026 10:57 pm IST

Fuel retailers losing Rs20/litre on petrol, Rs100 on diesel as Iran war drags on

A petrol pump attendant picks up a nozzle to refuel a vehicle at an Indian Oil fuel station
india news
Published on Apr 24, 2026 07:10 am IST

One more Pak-flagged ship to reach Karachi after crossing Hormuz strait

One more Pak-flagged ship to reach Karachi after crossing Hormuz strait
us news
Published on Apr 17, 2026 07:00 pm IST

U.S. Oil Blockade Is Set to Boost American Exports—and Prices at the Pump

PREMIUM
The Strait of Hormuz, a critical passage for the global oil supply, is now the subject of a U.S. blockade.
us news
Published on Apr 14, 2026 12:30 pm IST

'Load up with best, sweetest oil': Trump's US crude offer after Iran stalemate

US President Donald Trump asserted that empty oil tankers are on their way to load the 'best' and 'sweetest' oil.
world news
Updated on Apr 11, 2026 09:00 pm IST

Why US crude oil prices are tumbling today - Explained

An oil tanker is docked unloading crude oil at the port in Qingdao, in China's eastern Shandong province
us news
Published on Apr 08, 2026 04:42 am IST

Russian Baltic port resumes crude loading after Ukrainian drone attacks: Report

A satellite near-infrared image shows smoke rising from Russia's Baltic port of Ust-Luga after a Ukrainian attack, in Ust-Luga, Leningrad Oblast, March 27, 2026.
world news
Published on Apr 06, 2026 02:17 am IST

Oil India ramps up crude production from Rajasthan's Thar desert

Officials said crude oil produced in Jaisalmer is transported by tankers to ONGC facilities in Mehsana, Gujarat.
india news
Published on Apr 05, 2026 12:04 pm IST

‘Factually incorrect’: India dismisses report of ‘oil’ payment issues with Iran

The Ministry of petroleum and natural gas has dismissed reports that an oil tanker carrying Iranian crude had rerouted mid-voyage from its previously indicated destination of India.
india news
Updated on Apr 05, 2026 08:27 am IST

India denies that Iranian crude oil ship diverted to China over ‘payment issues'

The statement came after a tanker carrying Iranian crude oil headed to India's west coast terminal of Vadinar in Gujarat changed course to China.
india news
Published on Apr 04, 2026 10:56 pm IST

Russia offers to supply more oil and natural gas to India in bilateral talks

Russian President Vladimir Putin speaks at a meeting of the Commission at the Central Election Committee in Moscow, Wednesday, April 1.
india news
Updated on Apr 04, 2026 12:00 am IST
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