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Hormuz closure forces BPCL to rewire its crude sourcing strategy
The refiner had planned to source 55% of its FY 2027 crude through annual contracts, but supply disruptions are pushing…
THIS AFTERNOON: US, Iran leave talks without an agreement
Plus: Dubai’s foreign airline cap hurts Indian carriers
Tehran allows India and “friendly” nations limited Hormuz passage
Plus: India hedges oil trade with alternative currencies
India works diplomatic channels to secure passage for tankers through Hormuz
India is pursuing direct negotiations with Tehran to secure passage for tankers through the Strait of Hormuz in a bid…
India discusses shipping safety, energy security with Iran amid Hormuz disruptions
New Delhi is engaging Tehran to secure safe passage for vessels carrying energy supplies through the Strait of Hormuz
New Delhi watches the war’s maritime spillover with caution
India’s external affair minister warns that the widening war threatens India’s diaspora, energy flows, and maritime security as naval tensions…
State Bank of India sees economy growing 7.2% in 2Q.
Plus: Indian firms are flocking to Abu Dhabi