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    Crude Oil Prices Surge as Hormuz Strait Remains Blocked

    New Delhi, April 6 Crude oil prices rose by Rs 91 to Rs 9,284 per barrel in futures trading on Monday, remaining near record levels, after US President Donald Trump warned of military strikes on Iran's power plants and other infrastructure if the Strait of Hormuz is not reopened.On the Multi...
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    India's Crude Sourcing Shift as Strait of Hormuz Faces Challenges

    New Delhi, March 11 India's purchase of Russian crude oil has surged by 50 per cent in March as New Delhi tapped alternative sources to compensate for the shortfall arising from disruptions in the Middle East amid an escalating military conflict.India bought about 1.5 million barrels of...
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