Indian Oil Corporation has initiated measures to enhance Liquefied Petroleum Gas (LPG) production and prioritise its availability for domestic consumers following geopolitical disruptions to global fuel supplies. In a statement on Tuesday, the corporation confirmed that the Ministry has t
"Indian government has introduced Essential Commodities act, as gas supply for cylinders should be avoided, and only domestic cylinders should be given. We are forcing the Central government to bring the hotels under the Essential Commodities section. The government has ordered the oil co
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.
"The next booking for LPG cylinders will be allowed only after the 25th day from the date of the previous delivery, and there is no shortage in supply of LPG as it is stated by oil companies. Commercial LPG cylinders have not been issued since yesterday, but an exemption has been given to
This comes a day after the Ministry of Petroleum and Natural Gas issued orders to oil refineries to increase Liquefied Petroleum Gas (LPG) production and directed that such additional output be channelled specifically for domestic use.
The primary concern for the Indian economy is the sharp increase in fuel costs. According to the report, "Brent has moved up from a range of US$ 65-US$ 70 per barrel to US$ 110 per barrel since the war broke out." This surge is linked to major infrastructure failures in the region. "Iran's o
In an interview with PBS News, Iranian Foreign Minister Syed Abbas Araghchi ruled out further talks with the US due to "bitter experience." He defended strikes on regional oil infrastructure as legitimate self-defence and reaffirmed that Tehran is "well prepared" to continue missile attac
Samajwadi Party MP Ram Gopal Yadav on Sunday alleged that the Union government is "misleading" the public with respect to the fuel concerns arising out of the disruption of maritime traffic in the Strait of Hormuz as the military escalation in the Middle East enters into the second week.<
"First, this government increases the prices of commercial and domestic LPG. The war has been going on nine or ten days and there is a gas shortage. Along with this, there is an instruction that domestic gas will not be booked before 25 days in cities. For this shortage, the Petroleum Min
Reports indicate a US missile strike hit a school in Khomeyn, central Iran. This comes as the IRGC vowed to "determine" the war's end, rejecting US claims of a "short-term excursion." Amid threats to global oil supplies, Russia and France are pursuing diplomatic and defensive measures to
The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.
Iran's IRGC has rejected US President Donald Trump's claim that the conflict will end "soon", asserting it will "determine" the war's conclusion. Tehran warned it would halt all regional oil exports if attacks continue, while Trump threatened to hit Iran "twenty times harder" if global su