crude oil imports

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    Fuel Retailers Face Margin Pressure Amid Rising Energy Prices

    New Delhi, March 11 India's state-owned oil marketing companies – Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited – are facing pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and...
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    India's Energy Policy: Prioritizing National Interest and Diversification

    New Delhi, March 7 – Following the US granting a temporary 30-day waiver allowing continued imports of Russian crude oil, India asserted on Saturday that its energy policy is determined by national interest and economic pragmatism, rather than external permissions.Responding to Washington's...
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    Australia, Canada Offer Gas Supplies as India Strengthens Security

    New Delhi, March 7 As India explores alternative sources to further strengthen its energy security, countries like Australia, Canada, and several others have offered additional gas supplies, official sources said on Saturday.Citing the ongoing US-Iran conflict, which has led to the closure of...
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    India Leads Global Rail Electrification, Strengthening Resilience

    New Delhi, March 6 While geopolitical tensions in West Asia once again threaten to disrupt the global fuel supply chain, Indian Railways has achieved a significant milestone, with 99.4 per cent of its broad gauge network electrified as of January 2026, according to a report by "Riding Sunbeams,"...
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    Shipping Disruptions in the Strait of Hormuz: Risks for India's Energy and Goods Sectors

    New Delhi, March 5 Prolonged disruptions to shipping through the Strait of Hormuz beyond a week could quickly affect energy markets, fertiliser supplies, industrial inputs, construction materials, and export sectors such as diamonds, according to a think tank, GTRI.The Strait of Hormuz is a...
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    Brent Crude Volatility: India Faces Macro Challenges Amid Middle East Tensions

    New Delhi, March 1 – India is expected to face volatility in oil prices and broader macroeconomic effects from the escalating Iran crisis, analysts said, adding that the country's oil supply chain does not yet face structural insecurity.Rising tensions in the Strait of Hormuz – through which a...
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    Trade Talks Resume: India and Gulf Cooperation Council Explore FTA

    New Delhi, February 24 India and the six-nation bloc of Middle Eastern nations, the Gulf Cooperation Council (GCC), have begun negotiations for a proposed free trade agreement (FTA), an official statement said on Tuesday.In this regard, a joint statement was signed between the visiting...
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    Nigeria and Mozambique: Key to India's Energy Strategy

    New Delhi, February 24 – India’s Africa policy is playing a key role in providing energy security, enhancing the country’s exports, and also fits into its strategic calculation for keeping sea lanes safe for trade with the country's naval presence in the Indian Ocean.Within the broader...
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    Crude Rebalancing: India's Strategy Amid Sanctions and Middle East Supply

    New Delhi, February 22 – India's crude import strategy is entering a phase of calibrated rebalancing rather than a sudden realignment, with Middle Eastern suppliers, led by Saudi Arabia, regaining market share, according to shipping data and analysts. This is happening even though Russian...
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    Indian Envoy Meets Russian Counterpart to Discuss Bilateral Issues

    Moscow, February 17 Indian Ambassador Vinay Kumar met Russian Deputy Foreign Minister Andrei Rudenko on Tuesday and discussed "pressing" bilateral and international issues, including the situation in the Asia-Pacific region.The meeting came against the backdrop of Washington's claim that New...
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    India's Crude Oil Strategy: Balancing Geopolitics and Cost

    The government has stated that India will continue to import crude oil from countries where it is inexpensive and of high quality, and that Indian oil companies will purchase oil, taking into account the geopolitical situation and non-sanctioned sources. Top officials from the Ministries of...
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    India's Energy Policy: National Interests Drive Procurement Choices

    In New Delhi, Foreign Secretary Vikram Misri stated on Monday that India will maintain multiple sources for crude oil purchases and diversify them to ensure supply chain stability, with national interests remaining the "guiding factor" for procurement, amidst a controversy over Washington's...
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