Reliance snaps up Iranian crude as India races to expand domestic gas infrastructure
Plus: The Modi government fast-tracks LPG storage and pipelines to shield against Middle East supply shocks
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Plus: The Modi government fast-tracks LPG storage and pipelines to shield against Middle East supply shocks
Sanctions relief offers India a narrow window to access Iranian crude, but fragile logistics and unclear payment channels limit upside
Tehran signals conditional access to Hormuz as India expands outreach to global partners
Plus: L&T fails to assuage investors over its Middle East exposure
Plus: Emirates NBD may get fresh chance as IDBI stake sale resets
Rising crude prices and Hormuz shipping disruptions are lifting India’s import bill, straining exporters, and forcing supply chain adjustments
Temporary authorization covers cargoes loaded before 12 March as markets watch MENA supply risks
The government is slashing supplies to manufacturers and restaurants while scrambling to secure Russian oil under a temporary US sanctions…
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