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Indian oil tanker sails safely from UAEs Fujairah amid regional tensions

Indian oil tanker sails safely from UAE's Fujairah amid regional tensions

The Indian-flagged tanker Jag Laadki, carrying about 80,800 metric tonnes of Murban crude oil, departed safely from Fujairah port in the United Arab Emirates for India, with the government confirming that the vessel and all Indian seafarers on board are safe.

15 March 2026 7:59 PM IST

India buys 30 million barrels of Russian oil after US waiver

10 March 2026 7:00 PM IST

India faces ‘very high’ oil shock risk from Iran war, warn ADB and Moody’s

India imports nearly 90 percent of its crude oil requirements, with about half of the supply passing through the...

7 March 2026 3:59 PM IST

India's oil import bill expected to reach $101-104 billion in 2024-25

India heavily relies on imports for more than 85% of its crude oil requirements, which are refined into various fuels...

30 April 2024 5:16 PM IST

India imports more than 1 mn barrels of Russian oil a day in December

India imports more than 1 mn barrels of Russian oil a day in December

Russia delivered 1.19 million BPD in December, accounting for just 0.2% of India's total crude oil imports in the year...

15 Jan 2023 9:16 PM IST

Saudi Arabia considers accepting yuan for Chinese oil sales instead of dollars

Saudi Arabia considers accepting yuan for Chinese oil sales instead of dollars

In a move that would dent the U.S. dollar's dominance of the global petroleum market, Saudi Arabia is in active...

16 March 2022 9:00 AM IST

US bans Russian oil imports over Ukraine attack

US bans Russian oil imports over Ukraine attack

International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default...

9 March 2022 10:37 AM IST