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Sunday, March 22, 2026
TopicOil and Gas

Topic: Oil and Gas

US strike on Iran’s key oil export island Kharg raises fears of wider supply disruption

President Trump said the US had bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure.

Govt allows commercial use of biomass, kerosene, coal to ease LPG pressure amid West Asia conflict

States asked to permit alternate fuels for hospitality sector for a month as Centre steps up kerosene and coal supply.

Global economy in peril as rusted oil tanker threatens to blow off Yemen’s west coast

Yemen, Saudi Arabia, Jordan, others endangered as 1.1 million barrels crude oil threatens to spill into the Red Sea.

Rich-poor divide on clean power is getting wider and hurting the climate fight

Investment in clean energy has accelerated since Covid struck, hitting $1.4 trillion based on IEA's annual report. Yet, in developing countries, the picture looks very different.

OPEC’s second largest producer Iraq hit as cheap Russian oil flows into Asia

Basrah Medium & Heavy crude, Iraq's main exported grades, face a threat in international markets as major buyers, India & China prefer discounted Russian crude oil after Ukraine invasion.

Why Saudi Aramco is overpaying for a mere 20% stake in Mukesh Ambani’s Reliance Industries

Saudi Aramco is happy to pay a rich price for Reliance as India is likely to soon overtake the US as the world’s biggest net importer of crude.

Oil companies need not be victims, can lead shift to greener fuels, says ex BP honcho

These giants have the resources and, in many cases, skills that can be adapted to deliver energy solutions at the immense scale needed.

On Camera

Duster is back and brilliant on the road, but Renault has ground to make up in India

It is rare for a manufacturer to chart a nearly 200 kilometre drive through narrow and twisty mountain roads. To do so is brave...

Amid revenue crisis, Himachal cuts budget by Rs 3,586 cr, defers salaries of CM, MLAs, top officials

Sukhu will defer half his own pay for six months; Group C, D employees and pensioners are fully exempt; Opposition calls it a budget that 'has gone backwards'.

Iran launches missile at US and UK’s Diego Garcia base, reveals new striking capability

New Delhi: In a dramatic escalation that has surprised the world, Iran attempted two missile strikes on a US-UK joint military base in the...

The Vishwaguru delusion, mine vs yours, is ruining our view of the world

One side thinks India is punching way above its weight. The other thinks Modi has undermined India and it punches below its strength. Both are wrong.