Search For "oil supply"
Brazil's Silveira rules out fuel shortages, slams market speculation
Updated : 1 day, 15 hours ago IST
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.
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Rahul Gandhi warns of consequences to India's energy security due to West
Updated : 1 day, 15 hours ago IST
Speaking in the Lok Sabha, Rahul Gandhi said the war involving the United States, Israel and Iran is likely to have far-reaching global and domestic repercussions. He noted that the Strait of Hormuz, through which nearly 20% of the world's oil supply passes, has been blocked, creating a m
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US-Israeli strike hits industrial area near Tehran; abandoned warehouse am
Updated : 1 day, 21 hours ago IST
A US-Israeli attack struck an industrial area in Rabat Karim as regional conflict enters its thirteenth day. While an abandoned warehouse was one of the targets struck, Iran has set three conditions for peace. Meanwhile, the IRGC continues retaliatory strikes against US bases and tankers ami
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Three crew members feared trapped in engine room after Iranian attack on T
Updated : 1 day, 22 hours ago IST
Three crew members are feared trapped in a Thai-flagged vessel's engine room following an Iranian strike in the Strait of Hormuz. The attack is part of an intensifying IRGC blockade, where international ships are targeted by drones if they move "even a few metres" without permission.
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"Remain silent or be targeted": IRGC enforces lethal "no-move" zone in Str
Updated : 1 day, 22 hours ago IST
The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
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India's crude supply remains secure, gas companies have procured LNG carg
Updated : 2 days, 14 hours ago IST
Sharma said two LNG cargos are on their way to India
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Govt will ensure economy doesn't suffer from West Asia conflict: Kotak Mah
Updated : 2 days, 16 hours ago IST
Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said India is likely to manage the situation effectively, while urging citizens to avoid hoarding LPG cylinders.
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Trump warns Iran against attempting to block Strait of Hormuz and disrupti
Updated : 3 days, 19 hours ago IST
United States President Donald Trump on Tuesday warned Iran against attempting to disrupt global oil supplies, saying Washington would respond with overwhelming force if Tehran tried to interfere with energy shipments through the strategically vital Strait of Hormuz.
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Budget Session: Congress MP KC Venugopal seeks discussion on "energy secur
Updated : 4 days, 23 hours ago IST
The Congress MP emphasised that the escalating tensions in West Asia pose immediate challenges to India's energy supply chains, autonomy and citizen safety.
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Indian Railways' electrification drive acts as a safeguard against oil sup
Updated : 6 days, 23 hours ago IST
Indian Railways has undertaken electrification of its network in mission mode over the last decade, significantly reducing its dependence on imported diesel. As a result, 99.4% of the Broad Gauge (BG) railway network has now been electrified, marking one of the largest infrastructure tran
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"Need to secure threats in Strait of Hormuz": French Air Force Maj Gen on
Updated : 1 week ago IST
Deputy to the Chief of the Air and Space Force Staff in the French Air Force, Major General Dominique Tardif, on Friday stressed the need to address security threats in the Strait of Hormuz amid the ongoing West Asia conflict, saying international cooperation would be essential to tackle the
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"Short-term measures to keep prices down": US Energy Secy on Washington is
Updated : 1 week ago IST
US Energy Secretary Chris Wright on Friday said that Washington's decision on issuing a 30-day waiver to India to purchase certain Russian oil supplies is part of "short-term measures" aimed at keeping global oil prices under control amid supply pressures linked to tensions in the Middle
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