Russian President Vladimir Putin agreed to release 300,000 tonnes of diesel immediately “to the American and global marketplace” along with follow-up shipments, according to President Donald Trump on Friday. This is especially ironic given US sanctions and tariffs on India for importing Russian oil in 2025. Washington raised tariffs on Indian goods to 50 per […]
Somewhere in the Persian Gulf, a war most Indians have never followed closely enough to name the players is quietly deciding whether their cooking gas cylinder shows up on time. According to the Ministry of Petroleum and Natural Gas, India buys more than 88 per cent of the crude oil and 60 per cent of […]
Imagine filling your car with petrol, switching on the air conditioner or paying more because of a conflict thousands of kilometres away. A global significance of the Strait of Hormuz, a narrow maritime passage between Iran and Oman connecting the Persian Gulf to the Indian Ocean. A narrow stretch of water with Millions of barrels […]
The Strait of Hormuz has long been the world’s most closely watched oil chokepoint. Now, attention is shifting to another critical maritime route as Iran-backed Houthi forces expand their control along Yemen’s Red Sea coast, capturing the port city of Mocha and advancing onto Perim Island at the entrance to the strategic Bab al-Mandeb Strait. […]
