oil imports

Thiruvananthapuram, March 21 – Kerala Chief Minister Pinarayi Vijayan launched a scathing attack on successive central governments led by the Congress and the BJP on Saturday, holding their policy decisions responsible for the country’s worsening energy crisis.In a strongly worded statement...

March 18, New Delhi – Sri Lankan President Anura Kumara Dissanayake has announced a series of emergency measures to protect the island's economy and ensure energy security, amid the ongoing conflict that is disrupting global fuel supply chains.Sri Lanka has approved emergency purchases and...

Washington, March 17 – US President Donald Trump said that countries that rely on energy flows through the Strait of Hormuz should be helping the United States, expressing disappointment that several allies were reluctant to step in.“They should not only be thanking us, but they should be...

New Delhi, March 16 Citing the US' 30-day "waiver" to allow India to purchase Russian oil, CPI(M) MP John Brittas said on Monday that such diktats amount to India's humiliation by a foreign power.While participating in a discussion on the Appropriation Bill in the Rajya Sabha, Brittas raised...

New Delhi, March 16 India's merchandise exports decreased marginally by 0.81% year-on-year to $36.61 billion in February, and the trade deficit narrowed to $27.1 billion compared to the previous month.The impact of the West Asia crisis will be reflected in the March data, as the conflict began...

Dubai, March 14 Iranian Foreign Minister Abbas Araghchi has said that the US, despite "bullying India" into ending its imports of Russian oil, is now begging them to buy crude from Moscow, just two weeks after its war with Iran."The US spent months trying to pressure India into ending its oil...

New Delhi, March 12 – Delhi BJP President Virendra Sachdeva said on Thursday that the safe passage granted to Indian-flagged fuel ships through the war-affected Strait of Hormuz, under Iranian military control, reflects India’s clear foreign policy and the growing global reputation of India and...

New Delhi, March 12 Asserting that the foundation of every nation is its energy security, Leader of the Opposition Rahul Gandhi on Thursday alleged that the government has "bartered" India's right to determine its relationships with different oil suppliers to the US due to a "compromise"...

New Delhi, March 12 Asserting that the foundation of every nation is its energy security, Leader of the Opposition Rahul Gandhi on Thursday alleged that the government has "traded" India's right to determine its relationships with different oil suppliers to the US in exchange for a "compromise"...

New Delhi, March 12 – India’s strategic oil reserves and diversification of energy imports from over 40 supplier countries have transformed its ability to absorb global energy shocks. This resilience has ensured that there is no energy crisis due to the disruption caused by the Iran war, as the...

New Delhi, March 11: Petrol and diesel prices in Pakistan have increased by nearly Rs 55 per liter after the outbreak of the Iran war, reflecting the country's energy import dependence in recent years, according to a report in Pakistani media.As global oil prices surge and shipping costs rise...

Patna, March 9 – Rashtriya Janata Dal (RJD) National Working President Tejashwi Yadav criticised the Union government's foreign policy stance on Monday, stating that a country like India should not need permission from any other nation to decide its energy needs or trade policies.In a post on...

Bengaluru, March 9 Terming the US waiver allowing Indian refiners to purchase Russian oil for 30 days as "deeply humiliating," Karnataka Chief Minister Siddaramaiah on Monday demanded that Prime Minister Narendra Modi step down, accusing him of repeatedly demonstrating that he is "incompetent...

New Delhi, March 9 – India currently has a total storage capacity for crude oil and petroleum products of 74 days, which can help mitigate disruptions in case of adverse situations such as geopolitical conflicts, the Parliament was informed on Monday."The government has established Strategic...

New Delhi, March 8 Indian refiners have begun negotiations to secure additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies in the event of a prolonged conflict in the Middle East, industry officials and analysts said.Refineries, which convert crude oil into...

Kalaburagi (Karnataka), March 7 Karnataka Minister Priyank Kharge on Saturday criticised the foreign policy of the central government, alleging that India's global standing was being "compromised" and the Centre had "failed" to respond firmly to remarks by senior US officials on India's economic...

New Delhi, March 7 – The price of cooking gas (LPG) for domestic use has increased by a significant Rs 60 per cylinder, the second increase in less than a year, due to the rise in global energy prices following the West Asia crisis, which has affected the world's third largest energy consumer...

Chandigarh, March 7 Punjab Chief Minister Bhagwant Mann on Saturday criticised the central government over a US waiver allowing Indian refiners to purchase Russian oil, asking whether the country was being run from the White House.Amid the escalating conflict with Iran, the US on Thursday...

Kalaburagi (Karnataka), March 7 Karnataka Minister Priyank Kharge on Saturday criticised the foreign policy of the central government, alleging that India's global standing was being "compromised" and that the Centre had "failed" to respond firmly to remarks by senior US officials on India's...

New Delhi, March 7 The Congress on Saturday strongly criticized the Modi government over US officials' remarks on India's purchase of Russian oil, accusing it of being "cowardly and compromised."The opposition party's statement came after the US said it had given "permission" to India to buy...