oil

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    Hegseth Warns of Severe Retaliation if Oil Flow Blocked in Strait of Hormuz

    Washington, March 10 – US Defence Secretary Pete Hegseth warned Iran on Tuesday against disrupting traffic through the Strait of Hormuz, stating that President Donald Trump was prepared to respond with overwhelming force if Tehran attempted to block one of the world’s most sensitive energy...
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    Bahrain Declares Force Majeure Amid Iran Attacks

    March 10, New Delhi – Iran launched fresh strikes on energy installations in the Gulf on Monday, including a petroleum complex in Bahrain, as oil prices soared due to fears of supply disruptions caused by the escalating conflict in West Asia.The sprawling Al Ma'ameer oil facility in Bahrain...
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    India to Take Delivery of Russian Oil as US Seeks to Stabilize Global Market

    New York/Washington, March 9 The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to "alleviate" concerns about supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said.However, the move, he...
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    Cuba's Economic Difficulties Spur Trump's Negotiation Suggestion

    Washington, March 7 – U.S. President Donald Trump said on Saturday that Cuba’s communist government is nearing its end and suggested that Washington could soon reach a new agreement with Havana.Speaking at the Shield of the Americas Summit, Trump said the island nation was facing severe...
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    India Granted Access to Floating Russian Oil Amid Supply Shortages

    New York/Washington, March 7 The US has said it has given "permission" to India to purchase Russian oil that is currently on ships floating on waterways, in an effort to ease supply shortages around the world amid the conflict in West Asia."The world has ample oil supplies. Yesterday, the...
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    DFC Announces $20 Billion Plan to Stabilize Shipping in the Gulf

    Washington, March 7 – The United States has unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilizing trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance...
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    US Trade Framework and Concerns Over Russian Oil Purchases

    New Delhi, March 6 The Congress criticized the Modi government on Friday after the US announced a temporary waiver to allow Indian refiners to purchase Russian oil, and asked how long this "American blackmail" would continue.In a post on X in Hindi, Congress general secretary in-charge...
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    India's Energy Security: Russia Prepares to Respond to West Asia Disruptions

    New Delhi, March 3 Russia is ready to fully meet India's energy needs in the event of prolonged disruptions to oil and gas supplies caused by escalating tensions in West Asia, an official from the Embassy of the Russian Federation said on Monday.The assurance from Moscow comes as QatarEnergy...
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    Oil Tanker Attack Off Muscat Coast: One Indian Crew Member Killed

    Dubai, March 2 An Indian national was killed on Monday when an unmanned boat carrying explosives struck an oil tanker off the coast of the Muscat Governorate, according to reports."The Maritime Security Centre reported that the oil tanker MKD VYOM was attacked by an unmanned boat 52 nautical...
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    Tripura Gas Pipeline Project: Challenges with Terrain and Land Ownership

    Agartala, February 24 It is unlikely that the target of laying the pipeline in Tripura under the Indradhanush Gas Grid (IGG) will be achieved due to certain unavoidable circumstances, an official said on Tuesday.Under the project, a 253 km-long pipeline was supposed to be laid in Tripura by...
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    Jaishankar Defends India's Energy Choices at Munich Security Conference

    Munich, February 15 – Amid repeated assertions from the United States regarding New Delhi’s purchases of Russian oil, India, reaffirming its "strategic autonomy," has conveyed a clear message on the global stage that its energy decisions will be determined by availability, cost, and risk...
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    India Diversifies Energy Sources Following Trade Agreement

    New York/Washington, February 10 India has already begun "winding down" its purchases of Russian oil, and New Delhi is "stepping up" its purchases of energy from the United States and other sources, according to United States Trade Representative (USTR) Jamieson Greer, who made the statement on...
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