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Friday, April 10, 2026
TopicOil market

Topic: Oil market

Pakistan-brokered US-Iran ceasefire oils the markets, but global media says India still faces risks

The gains from the pause in the war between US-Israel and Iran may be fragile. Global media says Pakistan’s mediation adds new geopolitical layer to the conflict.

Use LPG judiciously, consider alternatives wherever possible—Govt amid supply crunch & shipping delays 

With vessels stranded at Hormuz amid West Asia conflict, Centre ramps up production, cracks down on hoarding, and urges households to use alternative.

India’s EV dawn fans expectations fuel demand may peak early

India has lagged major economic peers in Europe & Asia in the adoption of EVs but sales are picking up & investment in the production of new autos & energy infrastructure is accelerating.

‘The kingdom has done what it can’: Saudi Arabia on oil market

Saudi Arabia argued that pumping more crude would do little to help the market, assessing that oil supply right now is relatively in balance.

India may ban petcoke as fuel and it could be a problem for the global refinery industry

The cheap path of pumping the oil industry’s impurities into the skies over India and Earth’s oceans is gradually disappearing

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.