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Thursday, November 6, 2025
TopicCrude oil

Topic: crude oil

India among 8 countries to be given Iran oil sanctions waivers, says Michael Pompeo

Secretary of State Michael Pompeo said the US will grant waivers to these countries to ease their transition away from Iranian crude oil.

India’s headline inflation might be low, but it may not stay that way for long

Between a record-low currency, high oil prices, and a looming election, India's inflation rate could take a hit.

How Saudi Arabia, Iraq and Russia can make up for a global oil shortfall

While Saudi Arabia and Russia seek to boost output, Iraq has already produced a record 4.66 million barrels by September this year

Oil shock has already hit India and other emerging economies

India has some of the least affordable transport fuel in the world, with a gallon (3.8 litres) of petrol costing more than three-quarters of average daily income.

Modi govt better be prepared for a big oil shock

If forecasters are right and oil is headed for $120, we are headed for a sixth price shock — and possibly a sixth economic shake-up.

India can’t get around sanctions on Iran like the EU, China or Russia

India has a big trade surplus with Iran and just can’t switch to a new currency to continue buying oil after US sanctions kick in.

India’s software exports are not the answer to the rising oil bill

Attention has to be focused on the relative stagnation in merchandise exports over the medium term.

Record fuel prices are hurting Modi as rupee begins to fall again

Fuel costs are adding to Modi’s challenge of tackling a hurtling pace of growth that’s boosting ownership of vehicles and demand for oil ahead of US sanctions on Iran.

Rupee could soon touch 75 per dollar, some lenders predict

India’s August trade deficit is likely to remain at $17-$18 billion, while Fed reserve is set to raise rates again, both of which will weigh on the rupee.

Modi govt is now considering tapping overseas Indians to help lift the falling rupee

RBI has been selling dollars to redeem the rupee's value, but this has led to a drop in foreign exchange reserves by $26 billion.

On Camera

Why Indian and American Hindus must adapt in a proselytising world

Indian sampradayas have to institutionalise their knowledge and boil it down to essentials for transmission and proselytisation if they are to compete with the major Abrahamic sects.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.