Adani Ports and Special Economic Zone Ltd. (APSEZ) on Thursday announced the berthing of India's first-ever fully laden Very Large Crude Carrier (VLCC) at its Mundra Port.
White House Press Secretary Karoline Leavitt on Wednesday stated that Washington is currently working closely with interim authorities in Venezuela, who have agreed to release millions of barrels of sanctioned crude to the US, underscoring Washington's leverage over the South American nation
Tharoor's remarks came against the backdrop of statements by US President Trump, who said he shared a "very good relationship" with Prime Minister Modi but expressed displeasure over India paying high tariffs and purchasing oil from Russia. Trump claimed that tariffs totalling 50 per cent
he United States on Wednesday announced a major energy initiative with Venezuela following its military operations last week, rolling back select sanctions to market Venezuelan crude oil globally while stabilising the South American nation's energy sector.
In its Oil Markets Weekly, JPMorgan said a regime change in Venezuela would represent one of the largest upside risks to global oil supply in 2026 and beyond, an outcome that oil markets are not currently pricing in.
"The sanctity of Jawahar Lal Nehru University has been again breached by crude slogans targeting the Prime Minister of the Country and others," Kumar said in an official statement. "The provocation this time was the denial of bail to Umar Khalid and Sharjeel Imam for the Delhi Riots," he
The resurgence of geopolitical tensions between the United States and Venezuela is unlikely to pose any significant risk to India's oil security or trade position, according to a research note by Bank of Baroda.
Global crude oil prices are expected to soften significantly in 2026, with Brent crude likely to decline to around USD 50 per barrel by June 2026, according to a report by State Bank of India.
In a statement posted on X on Tuesday, Reliance Industries Limited said a Bloomberg report claiming that "three vessels laden with Russian Oil are heading for Reliance Industries Limited's Jamnagar refinery" was incorrect. The company said its Jamnagar refinery has not received any Russia
The ongoing crisis involving Venezuela is unlikely to have a significant impact on global prices of gold, silver and crude oil, as the country has already been under sanctions for several years and plays a limited role in formal global supply chains, experts said while reacting to the rec
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRI).