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Crude Oil News

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India Breaks Oil Import Record, Boosts US Crude Purchases to Ease Tariff Tensions with Trump

India’s crude oil imports from the United States surged to the highest level since 2022 in October, signaling a strategy to reduce Russian reliance and ease tensions with President Trump....
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Trump Pressure Fails, India Becomes Second Largest Buyer Of Russian Oil After China In September

India has emerged as the second-largest buyer of Russian crude oil after China in September. Despite U.S. pressure under Trump, India continues prioritizing cheaper Russian fuel imports for energy security....
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Global Oil Race Amid Trump Tariffs: Where Does India Stand Among Top Producers?

Amid Trump’s tariff threats and the global oil war, curiosity rises about leading crude oil producers worldwide and India’s position among them, highlighting energy dependence and shifting geopolitical dynamics....
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​​​​​Trump’s Claim on Oil Purchases from Russia: India Responds Clearly—‘Buying Will Continue’

US President Donald Trump is making headlines worldwide for his recent tariff announcements. Just days ago, he declared plans to impose new tariffs on more than 70 countries—a move he later postponed for a week....
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Rupee Sinks to Historic Low as Trade Deal Uncertainty and FII Sell-Off Intensify Pressure

The Indian rupee continued its downward slide for the sixth straight day, closing at a record low of ₹86.41 against the US dollar on Wednesday. The currency's decline is being driven by two key factors: the ongoing strength of the US dollar in global markets and sustained forei...
U.S. Targets Countries Trading with Russia

U.S. Strikes Hard: 500% Tariff on Russia-Trading Nations- India on High Alert

It has been over three years since the Russia-Ukraine conflict began, yet despite sweeping Western sanctions, countries like India and China continue ...
Israeli Strike

Israeli Strike on the Dragon’s Oil Vein! Iran-Israel War Shakes Up China’s Economy!

China’s economic nerves are tightening as the Iran-Israel war escalates. With Iran being its biggest crude oil ally, any disruption could send shock...
Iran-Israel Tensions

Oil Markets Rattle Amid Iran-Israel Tensions; India Stays Calm, Says Supply Secure

The ongoing Iran-Israel conflict in the Middle East has caused a deep stir in the global energy markets. Within minutes of the news of Israel's milita...
Stock Market Plunges

Israel-Iran Clash Rattles Indian Economy: Crude Spikes, Markets Crash, Rupee Tumbles

The Israel-Iran war has shaken India's economic stability. Brent crude prices soared, gold reached a record high, the stock market fell sharply and th...
The Mukaab illustrations

The Mukaab: Inside Saudi Arabia’s $50 billion ‘city within a building’

The Mukaab, Saudi Arabia’s $50 billion megastructure: The Mukaab is part of Saudi Arabia's Vision 2030, aimed at modernizing the country's infrastru...
In a missile assault earlier this week, Iran fired 200 ballistic missiles at Israeli targets, causin

US: Biden urges Israel to avoid striking Iran's oil fields amid Netanyahu's retaliation missile attack

Amid the ongoing conflict, oil prices have fluctuated sharply, with West Texas Intermediate oil prices initially surging before stabilizing after Bide...
Fuel pump (Representative Image)

Potential fuel price slash coming soon as crude hits lowest levels since January

The price of benchmark Brent crude fell to $73.6 on Wednesday, hovering around record lows for the year after a 5% decline on Tuesday, largely due to ...
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Oil strategy to buy oil: India's crude deal with Russia

Jaishankar was addressing questions about India's rise in Russian crude oil imports, surpassing China. This increase comes after Western nations impos...
Will Israel launch full-fledged attack on Iran?

Will Israel launch full-fledged attack on Iran? Middle-east boils with tension | 10 Points

In response to these rising tensions, the United States has significantly bolstered its military presence in the region. This move is intended to dete...
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PetroDollar: A story of oil, money, power and global economic dominance

In 1979, the US and Saudi Arabia established the United States-Saudi Arabian Joint Commission on Economic Cooperation, agreeing to use US dollars for ...

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