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Washington blinks: US grants India 30-day window to buy Russian crude
Washington grants India a brief window to tap stranded Russian barrels as Middle East turmoil threatens global oil markets
India faces an energy, fertilizer and export crisis as Gulf conflict chokes supply chains
From crippled LNG shipments and soaring fertilizer costs to suspended refined fuel exports, the escalation in the Middle East is…
THIS AFTERNOON: Reserve Bank of India intervenes as rupee slides past 92 per USD
Plus: Reserve Bank of India rushes to defend INR amid energy market turmoil
India’s Russian crude imports set to drop sharper in February, after January decline
Indian refiners are scaling back Russian crude as sanctions begin to erode commercial viability; pivot to Middle Eastern suppliers
Aramco sells Jafurah condensate to Indian Oil, US majors
Chevron, Exxon and Indian Oil Corporation lift ultra-light cargoes ahead of the gas field’s first export
THIS AFTERNOON: Reliance secures US nod for Venezuelan crude; Saudi’s Eram links up with BEL
Plus: KKR eyes USD 20 bn India investment plan over next decade
THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline
Plus: IEA cuts 2026 oil demand outlook; surplus still near 4% of global demand
THIS AFTERNOON: Adani faces US OFAC sanctions probe; India flags illegal ship-to-ship oil transfers
Plus: India eyes Middle East market to expand steel exports
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