News for 'OIL'

How did India secure Hormuz passage for ships? Jaishankar reveals

How did India secure Hormuz passage for ships? Jaishankar reveals

Rediff.com16 Mar 2026

Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.

We are not a dalal nation: Jaishankar at all-party meet

We are not a dalal nation: Jaishankar at all-party meet

Rediff.com26 Mar 2026

The Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

IPL 2026: KKR vs PBKS Preview: PBKS look unstoppable as KKR struggle with chaos

IPL 2026: KKR vs PBKS Preview: PBKS look unstoppable as KKR struggle with chaos

Rediff.com5 Apr 2026

Kolkata Knight Riders face a tough challenge against a strong Punjab Kings side in their upcoming IPL match.

Ramping up domestic LPG production to ensure supply: Sitharaman

Ramping up domestic LPG production to ensure supply: Sitharaman

Rediff.com17 Mar 2026

Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.

'For region to be secure....': Iran urges American exit from West Asia

'For region to be secure....': Iran urges American exit from West Asia

Rediff.com15 Mar 2026

On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.

Iran imposes 'toll' in Hormuz; India calls it baseless

Iran imposes 'toll' in Hormuz; India calls it baseless

Rediff.com26 Mar 2026

The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com25 Mar 2026

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 Apr 2026

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

Will Trump's 5 Day Pause End The War On Friday?

Will Trump's 5 Day Pause End The War On Friday?

Rediff.com24 Mar 2026

'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

Gulf War: 'Missiles Flew Past Us'

Gulf War: 'Missiles Flew Past Us'

Rediff.com23 Mar 2026

'We are getting used to the constant alerts to take shelter, listening to sonic booms from jets flying above us, hearing news of neighbouring ports being targeted, and being the only ship in the terminal.'

India, US to continue efforts to finalise interim trade deal: USTR

India, US to continue efforts to finalise interim trade deal: USTR

Rediff.com2 Apr 2026

India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.

Abhishek Banerjee Accuses Centre of 'Taking' from People Amid LPG Price Hike

Abhishek Banerjee Accuses Centre of 'Taking' from People Amid LPG Price Hike

Rediff.com1 Apr 2026

TMC leader Abhishek Banerjee criticised the Union government over the hike in commercial LPG prices, accusing the Centre of taking from the people while the Mamata Banerjee administration provides relief. He challenged the Prime Minister to release a white paper detailing central funds allocation in Cooch Behar.

SEE: First crude tanker reaches India amid Hormuz crisis

SEE: First crude tanker reaches India amid Hormuz crisis

Rediff.com12 Mar 2026

The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.

Iran allows Indian ships to pass through Hormuz: Sources

Iran allows Indian ships to pass through Hormuz: Sources

Rediff.com12 Mar 2026

IRGC said vessels seeking to sail through the strategically critical Strait of Hormuz must obtain Iran's approval; otherwise, they could become targets of Iranian attacks.

Iran vows to destroy critical energy infra after Trump's Hormuz deadline

Iran vows to destroy critical energy infra after Trump's Hormuz deadline

Rediff.com22 Mar 2026

His remarks come after Trump warned Iran of severe consequences if it fails to reopen the strategically vital Strait of Hormuz, a key global energy transit route.

BJP MLA Lodha ask 5 LPGs for Jain temples amid crisis, sparks row

BJP MLA Lodha ask 5 LPGs for Jain temples amid crisis, sparks row

Rediff.com31 Mar 2026

Maharashtra minister Mangal Prabhat Lodha defends his request for LPG cylinders for Jain temples, claiming criticism is part of a larger anti-Hindu narrative.

US missile strike targets school, homes in Iran: Report

US missile strike targets school, homes in Iran: Report

Rediff.com10 Mar 2026

A United States missile strike has reportedly hit an educational facility in Khomeyn in central Iran, according to a report by Al Jazeera citing Iran's Mehr news agency. The site was identified as the Dr Hafez Khomeyni School.

Iran vows to hit tourist destinations 'beyond' West Asia

Iran vows to hit tourist destinations 'beyond' West Asia

Rediff.com21 Mar 2026

The threat has raised concerns about possible asymmetric attacks outside the region. Iran has also stepped up attacks on energy infrastructure in Gulf countries.

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Rediff.com21 Mar 2026

A celebration of Eid isn't over till the last morsel of that special, home-cooked Mutton Biryani has been had.

2 more Indian LPG carriers cross Hormuz safely amid tensions

2 more Indian LPG carriers cross Hormuz safely amid tensions

Rediff.com24 Mar 2026

The vessels are carrying around 92,600 metric tonnes of LPG and have 33 and 27 Indian seafarers onboard, respectively. Visuals showed Pine Gas crossing the critical chokepoint.

Recipes: Basundi, Mohanthal Ladoo and more

Recipes: Basundi, Mohanthal Ladoo and more

Rediff.com19 Mar 2026

Gudi Padwa recipes for the foodie in you.

Iran sends back Pakistan-bound food ship from Strait of Hormuz

Iran sends back Pakistan-bound food ship from Strait of Hormuz

Rediff.com25 Mar 2026

The container ship SELEN, en route to Karachi, was denied passage by the Islamic Revolutionary Guard Corps (IRGC) Navy due to lack of permission and failure to coordinate with Iranian maritime authorities.

India's EV market surges in FY26, driven by strong year-end push

India's EV market surges in FY26, driven by strong year-end push

Rediff.com2 Apr 2026

India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.

Chicken Adobo: Filipino Classic That Has My Heart!

Chicken Adobo: Filipino Classic That Has My Heart!

Rediff.com23 Mar 2026

Mayur Sanap discovers a memorable chicken preparation in the Philippines.

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Rediff.com20 Mar 2026

The ongoing conflict involving the United States, Israel, and Iran intensified sharply with attacks on critical energy infrastructure across the Gulf, even as US President Donald Trump said he had cautioned Israeli Prime Minister Benjamin Netanyahu against targeting Iran's key South Pars Gas Field.

Govt steps up fuel security measures; warns against panic buying

Govt steps up fuel security measures; warns against panic buying

Rediff.com29 Mar 2026

The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.

Trump livid as NATO allies refuse help on Hormuz Strait

Trump livid as NATO allies refuse help on Hormuz Strait

Rediff.com17 Mar 2026

President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.

India expands PNG network; rolls out 2.7L new connections in Mar

India expands PNG network; rolls out 2.7L new connections in Mar

Rediff.com31 Mar 2026

India significantly increased piped natural gas (PNG) connections in March as the government accelerates the expansion of cleaner fuel networks amid global supply disruptions.

Hormuz Closure Puts Gulf Refining At Risk

Hormuz Closure Puts Gulf Refining At Risk

Rediff.com14 Mar 2026

'Refiners may soon be forced to adjust operations, curtailing runs as product exports stall and directing output solely to domestic markets.'

The Secret Behind Khushi's Glowing Skin

The Secret Behind Khushi's Glowing Skin

Rediff.com21 Mar 2026

Model Khushi Vijayvargiya makes some candid confessions and Rediff's Hitesh Harisinghani listens in.

Priyanka Gandhi Alleges LDF-BJP Alliance in Kerala

Priyanka Gandhi Alleges LDF-BJP Alliance in Kerala

Rediff.com2 Apr 2026

Congress MP Priyanka Gandhi has accused the ruling LDF in Kerala and Chief Minister Pinarayi Vijayan of being Prime Minister Narendra Modi's "B-team" and of secretly joining hands with the BJP, alleging a compromised leadership and lack of accountability.

Trump keen to secure deal with Iran: Israeli officials

Trump keen to secure deal with Iran: Israeli officials

Rediff.com24 Mar 2026

Trump claimed on social media that recent US-Iran discussions were 'very good and productive' and aimed at a 'complete and total resolution' of the conflict.

How a single diplomatic headline triggers a 1,000-point swing?

How a single diplomatic headline triggers a 1,000-point swing?

Rediff.com12 Mar 2026

In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.

US 7th fleet's USS Tripoli strike group heads to West Asia as tensions soar

US 7th fleet's USS Tripoli strike group heads to West Asia as tensions soar

Rediff.com14 Mar 2026

According to the report, the Pentagon is deploying the USS Tripoli ARG, along with the 31st Marine Expeditionary Unit (MEU), part of its own strike group.

India's 2nd LPG tanker 'Nanda Devi' reaches Gujarat port amid crisis

India's 2nd LPG tanker 'Nanda Devi' reaches Gujarat port amid crisis

Rediff.com17 Mar 2026

Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.

White House dismisses reports of peace talks in Pakistan as 'speculation'

White House dismisses reports of peace talks in Pakistan as 'speculation'

Rediff.com26 Mar 2026

Iranian representatives have conveyed to the Trump administration that they are unwilling to resume talks with Steve Witkoff and Jared Kushner, preferring instead to engage with Vice President J D Vance.

India grapples with LPG supply crunch, but panic buying eases

India grapples with LPG supply crunch, but panic buying eases

Rediff.com20 Mar 2026

India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.

Sensex and Nifty Surge on Metal and Auto Rally

Sensex and Nifty Surge on Metal and Auto Rally

Rediff.com17 Mar 2026

Indian benchmark stock indices Sensex and Nifty rallied for the second consecutive day, closing nearly 1 per cent higher, driven by gains in metal and auto sectors and positive global market trends.