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Friday, April 10, 2026
TopicCrude

Topic: crude

Iran crude exports hold steady compared to other Gulf countries. India’s oil mix sees new entrants

Kpler data shows how resilient Iranian exports, rising Russian inflows and a fragile Hormuz ceasefire are shaping India’s oil sourcing.

Relief for India, world as Iran-US ceasefire opens Hormuz window. 172 million oil barrels stuck in Gulf

Around 16 Indian vessels, including 6 carrying crude, 2 LPG containers and one with LNG, are stranded on the west side of Hormuz as of now.

Use public transport, buy only ‘fuel you need’—PM Albanese tells Australians amid global energy woes

In rare address to nation, Australian PM says, 'No government can promise to eliminate the pressures that this war is causing.'

Trump says US considering ‘winding down’ Iran ops, as US moves to ease global energy disruptions

The softening of Trump’s stance occurs at a time when the US Department of Defence is set to seek an additional funding of $200 billion, given the costs of military operations in West Asia.

Gulf tensions sparked by Iran conflict cast shadow on 9.3 mn Indians & a ‘secret vein of Indian economy’

Global media reports on how India’s remittance is tied to the now-troubled region & the war’s cascading effect on economy. J&K's maiden Ranji Trophy win also drew its attention.

Russian buffer for crude, but India’s LPG imports vulnerable as Iran conflict chokes Strait of Hormuz

India imports roughly 80–85% of its LPG requirements, with bulk sourced from Gulf suppliers, almost all of it coming through the Strait of Hormuz.

Govt to slash windfall tax on petroleum crude to Rs 6,700 per metric ton

The windfall tax on aviation turbine fuel will increase to 4 rupees per litre from 2 rupees, while the levy on petrol will remain at zero, according to the notification.

Sizzling oil prices burning a hole in your pocket, but refiners are making a killing

While state-run refiners have recorded higher-than-usual margins in 2021-22, the margins are more for private players as they are the biggest beneficiaries of cheap Russian crude.

Venezuela oil czar courts India after $20 billion hit from US

India is set to emerge as Venezuela’s preferred customer due to the nation’s willingness to pay for crude in cash.

India’s oil habit is about to become a drag for Modi

India may face a looming oil drought if it doesn't reduce its urban pollution and slow down its carbon emission levels by switching to a less...

On Camera

A stronger Iran has emerged from the rubble. US learned the lesson 40 days late

The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Theaterisation proposal to be shared with defence ministry in a week or so—CDS Gen Anil Chauhan

Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.