Search results for 'OIL'

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Rediff.com16 Mar 2026

Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Eid Recipe: Chef Golam's Whole Wheat Mutton Khichda

Eid Recipe: Chef Golam's Whole Wheat Mutton Khichda

Rediff.com19 Mar 2026

If there is one dish that captures the soul of slow cooking it has to be Khichda, an Eid special for the Bohri community.

Situation under control, energy security stable: Centre on West Asia crisis

Situation under control, energy security stable: Centre on West Asia crisis

Rediff.com26 Mar 2026

There is no cause for concern, as the overall situation arising out of the crisis is firmly under control, the Centre informed while briefing political parties at the all-party meet.

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Rediff.com10 Mar 2026

US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.

Mrs Universe Sherry Singh Spills Her Fashion & Beauty Secrets

Mrs Universe Sherry Singh Spills Her Fashion & Beauty Secrets

Rediff.com30 Mar 2026

Mrs Universe 2025 Sherry Singh, who turned showstopper for Pawan Sachdeva's Khadi Edit at the recently concluded Lakme Fashion Week x FDCI, brought confidence and desi-ness to the ramp.

Pentagon Purge Rocks Iran War

Pentagon Purge Rocks Iran War

Rediff.com3 Apr 2026

The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.

Why Manipur Suspended Internet After Bishnupur Bombing

Why Manipur Suspended Internet After Bishnupur Bombing

Rediff.com7 Apr 2026

The Manipur government has suspended internet services in five valley districts following a bomb attack that killed two children and injured their mother in Bishnupur district. The incident triggered protests, leading to the suspension of internet services to prevent the spread of misinformation.

Why Noida's Industrial Hub Erupted In Protest

Why Noida's Industrial Hub Erupted In Protest

Rediff.com14 Apr 2026

'Workers are being pushed into 12- to 14-hour shifts under poor conditions. These largely leaderless protests are likely to continue.'

Middle East conflict: No fuel price hike for now despite crude spike

Middle East conflict: No fuel price hike for now despite crude spike

Rediff.com9 Mar 2026

Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.

Why I Want Iran To Win

Why I Want Iran To Win

Rediff.com28 Mar 2026

For that to happen America does not have to lose. It only has to do the right thing, asserts Aakar Patel.

Silver, gold rally falters as West Asia tensions resurface

Silver, gold rally falters as West Asia tensions resurface

Rediff.com9 Apr 2026

Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.

Ships stuck in Persian Gulf for over a month, crews plead for help

Ships stuck in Persian Gulf for over a month, crews plead for help

Rediff.com5 Apr 2026

There are roughly 2,000 ships stranded in the Persian Gulf, carrying more than 20,000 seafarers, according to the International Maritime Organisation, as quoted by The Wall Street Journal.

Recipe: Chef Nabar's Bisi Bele Bhaat

Recipe: Chef Nabar's Bisi Bele Bhaat

Rediff.com25 Mar 2026

Bisi Bele Bhaat, the traditional Indian one-pot meal that is the Southern answer to Khichdi, combines rice, lentils, vegetables, spices.

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire

Rediff.com11 Apr 2026

An India-flagged LPG tanker, Jag Vikram, has successfully crossed the Strait of Hormuz following a temporary ceasefire between the United States and Iran, marking a significant development for India's energy security.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

India Braces for Record Power Demand, Risks Galore

India Braces for Record Power Demand, Risks Galore

Rediff.com4 Apr 2026

India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.

Gulf War: 'If America Wants An Exit, It Can'

Gulf War: 'If America Wants An Exit, It Can'

Rediff.com14 Apr 2026

'US and Iran have not annulled the ceasefire, and the possibility of continuing negotiations remains open.'

Gulf War: Bombing Won't Make Iran Surrender

Gulf War: Bombing Won't Make Iran Surrender

Rediff.com24 Mar 2026

It is time for India to step up and get Russia, China and Europe to agree to a joint appeal to all combatants. Time is of essence, tomorrow may be too late, asserts Colonel Anil A Athale, former head of the history division, ministry of defence.

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com26 Mar 2026

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Rediff.com7 Apr 2026

Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com3 Apr 2026

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

Stock markets on March 10, 2026: Sensex jumped 640 points

Stock markets on March 10, 2026: Sensex jumped 640 points

Rediff.com10 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.

Recipe: Ruchira's Stuffed Shimla Mirch

Recipe: Ruchira's Stuffed Shimla Mirch

Rediff.com17 Mar 2026

Jazz up green bell peppersto make a special accompaniment to your rotis or bhakri or bhaath.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

What Can We Do To Minimise The LPG Misery?

What Can We Do To Minimise The LPG Misery?

Rediff.com14 Mar 2026

Let us start with ourselves. If we can reduce our LPG consumption by half, the problem is solved. Reduce wastage. Alter eating styles. Diversify methods of food preparation, suggests Vice Admiral Biswajit Dasgupta (retd).

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

Rediff.com14 Mar 2026

Benchmark indices tumbled about 2 per cent on Friday, capping one of the most turbulent weeks for domestic equities as investors fretted that the West Asian conflict could drag on for weeks or even months.

Only reason they're alive is...: Trump warns Iran before talks

Only reason they're alive is...: Trump warns Iran before talks

Rediff.com11 Apr 2026

Former US President Donald Trump has criticised Iran's stance on the Strait of Hormuz, calling it a form of 'extortion' amid ongoing negotiations for a peace deal. The remarks come as Iran considers imposing transit fees on vessels crossing the strategic waterway.

MI looking to capitalise on home form against RCB

MI looking to capitalise on home form against RCB

Rediff.com11 Apr 2026

Mumbai Indians aim to leverage their home advantage against Royal Challengers Bengaluru after a mixed start to their IPL campaign. Key batting performances and bowling partnerships will be crucial for both teams.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

Rediff.com15 Mar 2026

Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.

Iran gave US 'significant prize' linked to Strait of Hormuz: Trump

Iran gave US 'significant prize' linked to Strait of Hormuz: Trump

Rediff.com25 Mar 2026

Former US President Donald Trump claimed victory over Iran, stating they agreed to never have a nuclear weapon and provided a 'significant prize' related to the Strait of Hormuz. He also suggested a change in Iranian leadership and acknowledged Pakistan's role in facilitating talks.

Strait of Hormuz opens to ships but marine covers to stay pricey

Strait of Hormuz opens to ships but marine covers to stay pricey

Rediff.com2 Apr 2026

Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com30 Mar 2026

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

'Disastrous If US Halts War Leaving Iran Hardliners In Power'

'Disastrous If US Halts War Leaving Iran Hardliners In Power'

Rediff.com1 Apr 2026

'In such a scenario, Iran could proclaim itself victor, rebuild, re-enforce its diminished regional proxies to further destabilise neighbouring nations and take control of the Persian Gulf and Strait of Hormuz.'

Lift sanctions, accept nuclear programme: Iran's 10-point peace plan

Lift sanctions, accept nuclear programme: Iran's 10-point peace plan

Rediff.com8 Apr 2026

Iran has put forward a comprehensive 10-point framework that it says forms the basis of a complete resolution.

Gudi Padwa Recipe: Roopa's Zunka

Gudi Padwa Recipe: Roopa's Zunka

Rediff.com18 Mar 2026

Zunka is festive, quick to rustle up and possesses a homey yumminess. Serve it with bhakris.