News for 'OIL'

Trump, Iran Inch Closer And Closer To A Deal

Trump, Iran Inch Closer And Closer To A Deal

Rediff.com18 Apr 2026

Trump has said he would be present at the signing ceremony in Islamabad. Don't be surprised if the Pakistani hosts make it a grand event in the geopolitics of the region. Trump would love that, notes Ambassador M K Bhadrakumar.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

Rediff.com27 Mar 2026

The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Rediff.com24 Mar 2026

The Haryana government is taking strict action against black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders to ensure adequate supply for citizens.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

'We win regardless...': Trump on US-Iran talks in Islamabad

'We win regardless...': Trump on US-Iran talks in Islamabad

Rediff.com12 Apr 2026

US President Donald Trump expressed confidence in America's position amid US-Iran peace talks in Islamabad, stating that Washington stands to 'win' regardless of a deal.

'Iran can't have nukes': Trump rejects Tehran proposal, signals tough line

'Iran can't have nukes': Trump rejects Tehran proposal, signals tough line

Rediff.com7 Apr 2026

US President Donald Trump on Monday confirmed that his administration has received a proposal from Iran aimed at ending the ongoing conflict in West Asia, but described the offer as insufficient.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Rediff.com14 Apr 2026

Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com23 Mar 2026

Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.

Iran Allows 'Friendly Nations' to Use Strait of Hormuz Amid War: India, Pakistan Among Few

Iran Allows 'Friendly Nations' to Use Strait of Hormuz Amid War: India, Pakistan Among Few

Rediff.com27 Mar 2026

Iran has reportedly allowed select "friendly nations" including India and Pakistan limited access to the Strait of Hormuz amid ongoing conflict, easing some energy supply concerns. Here's what the move means for global trade and oil routes.

My Mom Mamta's Easy Dish That'll Make You Love Methi

My Mom Mamta's Easy Dish That'll Make You Love Methi

Rediff.com4 Apr 2026

Some recipes are learned. Some are inherited. And some, like my mother's Methi Lot Waalu Shaak, are lived.

Demat a/c growth at 11-month low in March

Demat a/c growth at 11-month low in March

Rediff.com10 Apr 2026

New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Rediff.com2 Apr 2026

In his first major national address since hostilities began, Trump said the ongoing military campaign, dubbed 'Operation Epic Fury', has delivered 'swift, decisive, overwhelming victories'.

Meet Amit Kshatriya, Indian-American behind historic moon mission

Meet Amit Kshatriya, Indian-American behind historic moon mission

Rediff.com11 Apr 2026

Indian-American scientist Amit Kshatriya's journey from watching rocket launches in Houston to becoming NASA's Associate Administrator is a testament to his dedication and expertise in space exploration.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

Manipur violence: 2 kids killed in blast, two shot dead in CRPF camp attack

Manipur violence: 2 kids killed in blast, two shot dead in CRPF camp attack

Rediff.com8 Apr 2026

Two people were killed and five others injured after a mob stormed a CRPF camp in Manipur's Bishnupur district following a protest against a bomb attack that killed two children.

Trump signals winding down Iran ops as US sends more troops

Trump signals winding down Iran ops as US sends more troops

Rediff.com21 Mar 2026

In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.

Exit Iran 'Expeditiously': India Issues Fresh Advisory

Exit Iran 'Expeditiously': India Issues Fresh Advisory

Rediff.com8 Apr 2026

The embassy also said that the exit must be undertaken in coordination with the mission.

Allies in India have been good actors: White House

Allies in India have been good actors: White House

Rediff.com11 Mar 2026

The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.

Govt ready with corrective steps: Union minister on West Asia conflict

Govt ready with corrective steps: Union minister on West Asia conflict

Rediff.com30 Mar 2026

The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.

Russia demands swift return of nationals from seized oil tanker

Russia demands swift return of nationals from seized oil tanker

Rediff.com8 Jan 2026

According to a statement cited by TASS, the Russian foreign ministry said it is closely monitoring reports that the US military has boarded the tanker Mariner, originally Bella 1, on the high seas, noting that Russian citizens are among the crew.

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Rediff.com15 Mar 2026

An Indian-flagged crude tanker safely departed from the UAE's Fujairah after loading oil, despite an attack on the oil terminal. The Indian government is closely monitoring the situation in West Asia to ensure stable fuel supplies and maritime safety.

Vance to lead US-Iran talks in Islamabad on April 10

Vance to lead US-Iran talks in Islamabad on April 10

Rediff.com8 Apr 2026

The meeting follows a ceasefire agreement that was announced and welcomed by Shehbaz Sharif, who also extended invitations to both delegations for further negotiations.

Cong questions 'Vishwaguru's huglomacy' as Pak holds US-Iran talks

Cong questions 'Vishwaguru's huglomacy' as Pak holds US-Iran talks

Rediff.com11 Apr 2026

The Congress party has criticised the Indian government's diplomatic efforts, questioning how Pakistan was able to secure a role as a mediator between the US and Iran despite India's attempts to isolate it after the Pahalgam attack. The party also raised concerns about India's standing on the global stage and its relationship with the US and China.

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Rediff.com29 Mar 2026

Two more Indian-flagged LPG tankers have safely navigated the Strait of Hormuz, ensuring continued cooking gas supply to India amidst regional conflict. These tankers are expected to reach Indian shores soon, following the successful transit of previous vessels.

Costs could rise...: Skoda India director on shipping disruptions

Costs could rise...: Skoda India director on shipping disruptions

Rediff.com6 Apr 2026

'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'

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.'

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Rediff.com24 Mar 2026

The Haryana government is taking strict measures to combat the black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders. Officials assure citizens of sufficient LPG supply despite global concerns.

Manipur Reels After Bomb Attack and Protest Deaths

Manipur Reels After Bomb Attack and Protest Deaths

Rediff.com7 Apr 2026

Violence erupted in Manipur's Bishnupur district following a bomb attack that killed two children and subsequent protest deaths at a CRPF camp. The incident has sparked widespread outrage and prompted a government investigation.

Open Strait of Hormuz or...: Trump's 48-hour ultimatum to Iran

Open Strait of Hormuz or...: Trump's 48-hour ultimatum to Iran

Rediff.com22 Mar 2026

Donald Trump has warned Iran to open the Strait of Hormuz within 48 hours or face military action, escalating tensions amid regional conflict and impacting global oil supplies.

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rediff.com11 Mar 2026

S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

Rediff.com9 Apr 2026

The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

The Truth About Coconut Oil: 7 Facts

The Truth About Coconut Oil: 7 Facts

Rediff.com16 Dec 2025

Is coconut oil the wonder food it is said to be?

The Gulf War: What's Pakistan Up To?

The Gulf War: What's Pakistan Up To?

Rediff.com31 Mar 2026

Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.

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.'

India's energy security 'bartered' to US influence: Rahul Gandhi

India's energy security 'bartered' to US influence: Rahul Gandhi

Rediff.com12 Mar 2026

Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.