india oil
National

India Not Planning IEA Oil Reserve Release

By BPN News Desk
India is not planning to release oil reserves in coordination with the International Energy Agency and has no immediate plan to raise retail petrol and diesel prices, according to a government source cited on Monday. The position comes as global crude prices remain under pressure from the expanding West Asia conflict and as several major […]
markets
Business Markets

Asian Stocks Fall As Oil Jumps On Crisis

By BPN News Desk
Asian Stocks Fall As Oil Jumps On Crisis Asian equities came under heavy pressure on Monday as oil prices surged sharply amid the worsening West Asia crisis, with investors reacting to fears of supply disruption, shipping risks and a broader economic shock across the region. The selloff reflected growing concern that the conflict could hit […]
iran
International

Saudi Warns Iran After Shaybah Threat

By BPN News Desk
Saudi Arabia sharpened its warning to Iran early Monday after a fresh drone threat near the Shaybah oil field, saying Tehran would be the “biggest loser” if it continued attacking Arab states. The statement signalled growing Gulf concern that the Iran-US-Israel conflict is expanding beyond its main fronts and placing key regional energy infrastructure under […]
UPA
Op-Eds Opinion

Rahul Gandhi Questions Modi’s Oil Policy: Has He Forgotten UPA’s Record of US Pressure?

By BPN News Desk
Rahul Gandhi’s recent criticism of the government over the United States granting India a 30-day relaxation to purchase Russian oil during the escalating Iran conflict has triggered yet another political debate on India’s foreign policy. The Congress leader accused the government of compromising India’s strategic autonomy. It is a familiar political attack line. Yet before
india oil
Op-Eds Opinion

India’s Oil Will Not Run Out in 75 Days. With Partial Imports Continuing, Reserves Could Last Nearly 180 Days. Why Is the Media Pushing Panic Headlines?

By BPN News Desk
In the past few days, several newspapers and television panels have loudly declared that India has “only 75 days of oil left” if the Strait of Hormuz is disrupted by the ongoing conflict in the Middle East. The headline is dramatic, alarming and perfectly designed to trigger panic. The only problem is that it is […]
india russia
National

India Signals Interest In More Russian Oil

By BPN News Desk
India Signals Interest In More Russian Oil Imports India has reportedly signaled renewed interest in increasing crude oil imports from Russia as geopolitical tensions rise following the crisis involving Iran. Russian officials said they are receiving indications that Indian buyers may seek higher volumes of Russian crude amid concerns about potential disruptions in global

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