Speaking to journalists, Silveira said the country's fuel supply remains stable and the government is closely monitoring developments in the international oil market as well as domestic price movements.
Indraprastha Gas Limited (IGL) has assured consumers of uninterrupted supply of Piped Natural Gas (PNG) for household cooking and Compressed Natural Gas (CNG) for vehicles amid global energy market disruptions caused by the escalating conflict in the Middle East.
The US will release 172 million barrels of oil "beginning next week" to stabilse markets amid war with Iran. President Trump vowed to "finish the job" despite Tehran's threats to "destroy" the economy. While Trump suggests there is "practically nothing left to target," Israel claims it ha
Addressing concerns over possible supply disruptions, Goyal told the media that the government is closely monitoring the evolving situation and taking necessary steps to ensure the uninterrupted availability of fuel across the country.
US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
Puri had an interaction with the mediapersons on Saturday, where he discussed the measures taken by India over ongoing energy availability, affordability and sustainability in the changing global order and challenges.
The report noted, "If the crisis persists, it could have material implications for the exchange rate and the current account deficit and could stoke inflationary pressures."
International experts at the Raisina Dialogue 2026 underscored India's strategic autonomy and evolving global role. Amidst a 30-day US waiver for Russian oil, diplomats from Poland, the OECD, and Austria emphasised that while diversification is key, India remains a trusted, essential partner
International experts at Raisina Dialogue 2026 underscored India's pivotal role in global energy and technology. US economist Meredith Walker called India an "essential partner" for energy stability, while Bhutan's Tshering Cigay Dorji lauded India's leadership in making AI inclusive and acc
Bonnie Glick, Adjunct Senior Fellow at the Foundation for Defence of Democracies, stated the US aims to destroy Iran's ballistic and nuclear capabilities, predicting the conflict could end within weeks. Meanwhile, Dhruva Jaishankar, Executive Director of ORF America, emphasised that India's
Dhruva Jaishankar, Executive Director of ORF America, stated at the Raisina Dialogue 2026 that global conflicts necessitate "unexpected arrangements" and "carve outs" to balance geostrategic competition with economic stability. He noted that even during crises, the US remains conscious of gl
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob