oil supply

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    Rijiju Criticizes Gandhi's Lack of Focus on LPG in Lok Sabha

    New Delhi, March 12 Union Minister Kiren Rijiju on Thursday criticized Congress leader Rahul Gandhi for speaking in the Lok Sabha on "various other issues" but not on the subject of LPG, which he wanted to discuss.After Gandhi's speech in the House, Rijiju told reporters that the Congress had...
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    Energy Security Concerns Rise as India Faces Oil Supply Disruption

    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"...
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    Rahul Gandhi: 'Difficult Situation' Begins Over LPG Crisis

    New Delhi, March 12 – Lok Sabha Leader of the Opposition (LoP) Rahul Gandhi, on Thursday, raised concerns about the shortages of LPG affecting the hotel industry, in the wake of the West Asia crisis, and claimed that this was the "beginning of a difficult situation" that would only worsen in the...
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    Gandhi: India's Energy Choices 'Bartered' for US Accord

    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"...
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    LPG Price Rise: BJP Contrasts Current Situation with UPA Era

    Bengaluru, March 12 – Karnataka BJP State President B.Y. Vijayendra criticised Congress leaders on Thursday for protesting against the recent increase in LPG and petrol prices, arguing that the situation was not comparable to the period when the party was in power at the Centre.In a statement...
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    Russia, U.S. Meet in Florida to Discuss Energy Issues

    March 12, New Delhi — A Russian delegation led by President Vladimir Putin’s special envoy, Kirill Dmitriev, met with U.S. counterparts in Florida on Wednesday amid the escalating global energy crisis triggered by the Israel-U.S. war against Iran.The talks, part of the U.S.-Russia economic...
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    Pakistan Signals Support for Saudi Arabia Ahead of Need

    Islamabad, March 11 Pakistan will help Saudi Arabia "even before it is needed," a senior official from the Prime Minister's office said, amid the ongoing conflict in West Asia, which has seen attacks on Gulf countries.Mosharraf Zaidi, who is the spokesperson for Foreign Media for Prime...
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    India Faces LPG Shortage Amid Global Concerns

    New Delhi, March 11 – Aam Aadmi Party (AAP) chief Arvind Kejriwal said on Wednesday that the country is facing difficult times due to a severe shortage of LPG, which will only worsen with the deepening crisis in West Asia, and blamed the Narendra Modi government's "weak and subservient" foreign...
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    West Asia Crisis: MP Government Monitors Gas & Oil Supply

    Bhopal, March 10 The Madhya Pradesh government formed a three-member committee on Tuesday, comprising Deputy Chief Minister Jagdish Devda and two ministers, to assist residents of the state who are currently in West Asia due to the ongoing crisis, and also to monitor the gas and oil supply...
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    Energy Ministers Discuss Global Oil Supply Concerns

    March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...
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    Madhya Pradesh Reviews Supply Situation, Plans Monitoring Committee

    Bhopal, March 10 Madhya Pradesh Chief Minister Mohan Yadav said on Tuesday that the state government has decided to form a three-member committee to monitor the gas and oil supply situation amid concerns over the ongoing West Asia crisis.He, however, said people need not worry about the supply...
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    Putin and Trump Weigh Energy Disruptions Amidst Global Tensions

    Moscow, March 10 US President Donald Trump spoke with his Russian counterpart Vladimir Putin late Monday night amid global energy disruption caused by American and Israeli strikes on Iran, leading to the virtual closure of the Strait of Hormuz.According to Kremlin foreign policy aide Yuri...
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    Delhi Faces LPG Shortage Amidst Rising Concerns

    New Delhi, March 10 The Aam Aadmi Party on Monday targeted the BJP-led central government, claiming a "deepening" LPG supply crisis, with party chief Arvind Kejriwal saying the situation could worsen in the coming days.Attacking Prime Minister Modi over the crisis amid the ongoing conflict in...
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    India's Markets: Resilience Amid Global Turbulence

    Mumbai, March 9 Amid heightened volatility in financial markets due to the ongoing conflict in West Asia, Sebi Chairman Tuhin Kanta Pandey urged investors to remain calm on Monday, saying that India's domestic economic fundamentals remain strong despite global uncertainties."It is important...
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    Oil Crisis Concerns Trigger Fuel Reserves in Chhatrapati Sambhajinagar

    Chhatrapati Sambhajinagar, March 9 The administration in Maharashtra's Chhatrapati Sambhajinagar district has directed oil and gas companies to ensure fuel supply for government vehicles involved in essential services, citing potential disruptions in supply amid the Middle East conflict, an...
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    Akhilesh Yadav Calls for Parliament Discussion on India's Foreign Policy

    Lucknow, March 9 Samajwadi Party president Akhilesh Yadav said on Monday that, given the prevailing "wartime conditions" in the Middle East, India's priority should be to deliberate on key issues related to national security, foreign policy, and the safety of its citizens stranded abroad.In a...
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    India Weighs Importing Russian Crude as US Seeks to Ease Oil Price Concerns

    Washington, March 8 The United States of America urged India to release more than 100 million barrels of Russian crude that was waiting offshore for Chinese refineries, in an effort to cool rising oil prices during the Iran conflict, Energy Secretary Chris Wright said on Sunday.Speaking in...
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    US Secretary: Logistical Issues, Not Shortages, Drive Oil Price Spike

    Washington, March 8 – US Energy Secretary Chris Wright said on Sunday that more than 100 million barrels of Russian crude are currently floating at sea, waiting to be delivered to China. He believes that redirecting this oil to other refineries could temporarily ease disruptions in the global...
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    Treasury Department Issues 30-Day Waiver for Indian Refineries to Buy Russian Oil

    The US has given India permission to purchase Russian oil that is currently on ships in waterways, aiming to ease supply shortages globally amid the West Asia conflict."The world has ample oil supplies. Yesterday, the Treasury Department authorized our allies in India to begin buying Russian...
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    Treasury Secretary Explores Options to Stabilize Oil Supply Amidst Conflict

    Washington, March 7 – US Treasury Secretary Scott Besant indicated that Washington could temporarily ease some restrictions on Russian oil supplies and allow India to continue purchasing to stabilize global energy markets during the ongoing Middle East conflict.In an interview with Fox...
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