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NEW DELHI: With tensions rising between Iran and the US and fears of war looming, India has started exploring ways to secure its energy supplies.Iran has signalled the temporary closure of sections of the Strait of Hormuz, the narrow gateway linking the Gulf to the open seas, which witnesses nearly 20% of global crude movement….
India, the world’s third-biggest oil importer and consumer has reshaped its crude sourcing strategy as Russian crude shipments in January made up the smallest portion of New Delhi’s oil imports since late 2022, according to data from industry sources, Reuters reportedDuring the same period, supplies from the Middle East rose to their highest share.Back in…
Russia has launched a barrage of drones and missiles on the Ukrainian capital Kyiv and the Dnipro district early on Tuesday, injuring one person and disrupting the power and water supply, the city mayor Vitaliy Klychko confirmed through his Telegram channel.Urging the residents to stay under cover, the mayor said that the power supply has…
Developments in Venezuela are unlikely to immediately impact India’s oil supplies or prices, as Venezuelan crude has been largely absent from global markets due to US sanctions. While bilateral engagement has weakened, experts suggest India could diversify its sources if Venezuelan oil re-enters the market, potentially offering a sentimental impact on emerging market currencies. New…
JAMMU: Jammu & Kashmir and Ladakh high court (HC) Tuesday took suo motu cognisance of a shocking lapse at Government Super Speciality Hospital (GSSH), Jammu, wherein cardiac care services reportedly remained paralysed for two days after registered vendors allegedly stopped supplying emergency cardiac devices over unpaid dues, amounting to nearly Rs 30 crore, under Ayushman…
While reacting to US President Donald Trump’s remark, Russian ambassador Denis Alipov said that India’s decisions on oil imports are guided by its “national interests.” Earlier on Wednesday, Trump had said that PM Modi assured him that New Delhi will stop buying oil from Moscow. When asked whether India will continue importing Russian oil, Alipov…
The majority of Indian exports to Brazil and Turkey originated from Reliance, with Nayara providing a smaller portion. (AI image) With Russia’s oil refineries being damaged by Ukraine attacks, India’s oil companies are plugging in the resulting shortages in the global oil markets. India has moved to fill fuel supply gaps in Russia’s primary markets…
SpaceX successfully launched Northrop Grumman’s upgraded Cygnus XL cargo spacecraft aboard a Falcon 9 rocket from Cape Canaveral on Sunday, sending more than 5 tons of critical supplies to the International Space Station (ISS). The delivery includes spare parts, nitrogen, oxygen, research material, and a variety of holiday treats for the crew such as clams,…
