Jaishankar to visit Moscow later this month for 26th India-Russia Commission: MEA

Aug 14, 2025

The development comes amid strain in India's ties with the US over New Delhi's procurement of crude oil from Russia.

Brent crude surges 2% as US-Iran tensions escalate after thwarted peace talks

Apr 27, 2026

Global crude oil prices climbed nearly 2% on Monday amid renewed tensions between the US and Iran, after US President Donald Trump cancelled planned...

Crude oil prices surge after US, UK strike Houthi targets

Jan 12, 2024

The attacks by the Houthi rebels have forced ships to take longer routes around Africa, presenting challenges to global trade logistics.

Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

Crude oil imports from Russia decline, uptick from US: Economic Survey

Jan 29, 2026

The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to...

Taiwan shifts energy strategy as US crude imports surge to 60%

Apr 23, 2026

Taiwan has significantly increased its reliance on the United States for crude oil imports, which now account for about 60 per cent of total...