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Crude Oil News

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Oil ship Shenlong's journey to India via Hormuz Strait: Gone dark, fear lurked

Shenlong Suezmax, the crude oil tanker from Saudi Arabia docking at the Mumbai port after transiting via the Strait of Hormuz amid heightened Middle East tensions.

Updated on Mar 13, 2026, 10:12 PM IST

First post-conflict tanker that reached India via Strait of Hormuz to return

First post-conflict tanker that reached India via Strait of Hormuz to return

Updated on Mar 13, 2026, 12:39 PM IST

'All we want is…': Shashi Tharoor on reports of LPG shortage across India

Congress MP Shashi Tharoor at the Parliament premises during the budget session, in New Delhi.

Published on Mar 12, 2026, 2:06 PM IST

Ship heading to India activated 'Dark Mode' to pass through Strait of Hormuz

The Liberia-flagged Shenlong Suezmax oil tanker, carrying Saudi crude and captained by an Indian, berthed at the Mumbai Port on Wednesday evening.

Updated on Mar 13, 2026, 10:12 PM IST

Take permission or become a target: Iran to vessels sailing through Hormuz

This handout photo released by Iran's Revolutionary Guards Corps (IRGC)'s official website Sepanews shows a target being hit during a military exercise by members of the IRGC and navy in the Gulf. (AFP)

Updated on Mar 12, 2026, 10:28 AM IST

Induction cooktops, menus short: How Delhi is dealing with LPG cylinder crunch

A sign at an eatery in Connaught Place informing customers about its downsized menu on Wednesday.

Published on Mar 12, 2026, 9:21 AM IST

India's crude oil supply secure: Centre amid shortage fears

People queueing up at a petrol pump in Noida

Updated on Mar 11, 2026, 5:38 PM IST

Japan to release oil reserves starting March 16 amid Strait of Hormuz chokehold

The Iran war has sparked concerns over oil and gas supp;ies due to the blockade of Strait of Hormuz

Updated on Mar 11, 2026, 5:48 PM IST

India buys 30 million barrels of Russian oil after US waiver amid oil concerns

Major Indian refiners such as Indian Oil and Reliance Industries have bought 30 million barrels of Russian oil after the US gave "permission" and "allowed" India to do so late last week.

Published on Mar 11, 2026, 11:04 AM IST

Trump to review options as oil prices cross $100 per barrel amid US-Iran war

The surge in oil prices is likely to hurt US businesses and consumers ahead of the November midterm elections

Published on Mar 9, 2026, 10:53 PM IST

Why are Sensex and Nifty falling today? 5 key reasons behind the market crash

Traders react after fluctuations in stock market, in Kolkata. Both Sensex and Nifty fell sharply on March 9, 2026

Updated on Mar 9, 2026, 2:44 PM IST

Global markets tumble as oil surges amid escalating US-Israel-Iran war

A man stands in front of an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo.

Updated on Mar 9, 2026, 9:40 AM IST

Water, not just oil, big target in US-Iran war: Desalination plants face attacks

Water, not just oil, big target in US-Iran war: Desalination plants face attacks

Updated on Mar 8, 2026, 9:06 PM IST

‘To take a little pressure off’: Trump on India waiver for Russian oil purchase

Noting that there is a lot of oil pressure at the moment, President Donald Trump boasted that the US has a tremendous amount of oil.

Updated on Mar 8, 2026, 1:19 PM IST

US Issues License to Allow Some Russian Oil Sales to India

US treasury secretary Scott Bessent.

Updated on Mar 6, 2026, 6:51 AM IST

AAI denies taking fuel stock as fear looms over ‘closure’ of Strait of Hormuz

Amid the ongoing US-Iran war and airspace restrictions, 36 departures and 44 arrivals were cancelled at Delhi's IGI airport on Tuesday.

Updated on Mar 4, 2026, 12:50 AM IST

India moves to shield import-export as conflict threatens energy and trade route

Around 55% of the country’s energy imports come from the region which is now affected by Iranian strikes. Shipping routes have also been disrupted, with the Strait of Hormuz effectively closed.

Published on Mar 3, 2026, 6:51 AM IST

Iran-Israel war: Ludhiana exporters on edge, brace for rising input costs

A worker stands in front of a furnace at a steel processing production line of a factory in Mandi Gobindgarh in Punjab. (Reuters file)

Published on Mar 2, 2026, 6:28 AM IST

Gulf equities decline as Kuwait suspends trading amid Iran-US escalation

In a rare move, Boursa Kuwait suspended trade until further notice citing the "exceptional circumstances" the country is facing.

Published on Mar 1, 2026, 3:45 PM IST

India's merchandise imports from Russia drop 40% in January

In September, India's Russian oil imports fell $3.32 bn, nearly 30% drop from April.

Updated on Feb 18, 2026, 9:44 AM IST

India's petroleum reserves can last 74 days in case of global turbulence: Oil Minister Puri

India's petroleum reserves can last 74 days in case of global turbulence: Oil Minister Puri

Published on Feb 9, 2026, 7:03 PM IST

Russia’s crude output shrinks as US raises energy pressure

The nation pumped an average of 9.28 million barrels a day of crude oil last month.

Published on Feb 9, 2026, 5:45 PM IST

Canada’s energy minister arrives in India on Tuesday for trade talks

Parliamentary Secretary of Agriculture Kody Blois, left to right, Minister of International Trade Maninder Sidhu, Minister of Energy and Natural Resources Tim Hodgson, Minister of Industry and Minister Melanie Joly, and Canadian Prime Minister Mark Carney. (AP)

Updated on Jan 27, 2026, 2:25 PM IST

Mexico shelves planned shipment of oil to Cuba amid US tensions

Crude oil prices have been on the rise of late and the Russia’s invasion of Ukraine has further fuelled concerns of supply disruption leading to further spike in prices. (Representational image)

Published on Jan 27, 2026, 12:42 PM IST

Oil rises 3% as US sends 'armada' to Iran, slaps new sanctions

Oil rises 3% as US sends 'armada' to Iran, slaps new sanctions

Published on Jan 24, 2026, 12:06 AM IST

Why Iran’s oil stored at sea has surged to a record high

Iranian crude and condensate stored on tankers, either in transit or as floating storage, climbed to a record 166 million barrels in the week.

Published on Jan 13, 2026, 12:42 AM IST

Mexico becomes crucial fuel supplier to Cuba but pledges no extra shipments

A government supporter holds a Venezuelan flag during a march calling for the release of Venezuela's ousted president Nicolas Maduro, days after he and his wife Cilia Flores were captured following U.S. strikes on Venezuela, in Caracas, Venezuela, January 7, 2026. REUTERS/Gaby Oraa

Published on Jan 8, 2026, 12:39 AM IST

'Money controlled by me': Trump after 30-50 million barrel Venezuela oil deal

US President Donald Trump said he has asked Energy Secretary Chris Wright to execute this plan immediately.

Updated on Jan 7, 2026, 9:54 AM IST

Trump says PM Modi 'not happy' with tariffs despite their ‘good relationship’

President Trump acknowledged Prime Minister Modi's dissatisfaction over U.S. tariffs on Indian goods tied to Russian oil purchases.

Updated on Jan 7, 2026, 2:50 AM IST

Pipeline bursts in Assam; crude oil spills into residential areas

Residents said the OIL emergency team responded promptly. (X)

Published on Jan 6, 2026, 1:41 PM IST

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