News for 'iranian oil'

Iran reassures neighbours, rejects US call for 'surrender'

Iran reassures neighbours, rejects US call for 'surrender'

Rediff.com8 Mar 2026

Iranian President Masoud Pezeshkian maintained a stance of defensive necessity, noting that Tehran is "forced to retaliate to attacks" but clarified that this does not imply a dispute with neighbouring countries

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com24 Mar 2026

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Rediff.com21 Mar 2026

Amid rising tensions, Iran reportedly launched ballistic missiles toward a US-UK military base, prompting concerns about regional stability and the potential for escalating conflict in the Middle East.

Iran Rewrites Rules of War

Iran Rewrites Rules of War

Rediff.com17 Mar 2026

Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.

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.

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.

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.

This War May End US Military Presence In Middle East

This War May End US Military Presence In Middle East

Rediff.com9 Mar 2026

'The entire US ecosystem built over decades at the bases in the Gulf region, especially the UAE, costing trillions of dollars have been decimated, dealing a mortal blow to the US Central Command's war capability,' points out Ambassador M K Bhadrakumar.

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.

Why Regime Change Hasn't Happened In Iran

Why Regime Change Hasn't Happened In Iran

Rediff.com10 Mar 2026

'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'

Gulf War: India Is In A Catch-22 Situation

Gulf War: India Is In A Catch-22 Situation

Rediff.com23 Mar 2026

India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.

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.

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.

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

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.

Is Iran nearing Chinese missile deal as conflict escalates?

Is Iran nearing Chinese missile deal as conflict escalates?

Rediff.com2 Mar 2026

China has denied reports of finalising a deal with Iran to sell CM-302 supersonic anti-ship missiles, amidst rising tensions in the Middle East and joint US-Israeli airstrikes.

India shifts majority of Indian students out of Tehran

India shifts majority of Indian students out of Tehran

Rediff.com3 Mar 2026

India has relocated the majority of its students from Tehran due to the escalating conflict in West Asia. The Indian embassy has arranged for their transportation, food, and accommodation outside of Tehran. An advisory remains in place for other Indian nationals in Iran to stay indoors and exercise caution.

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Rediff.com8 Apr 2026

The fragile ceasefire in West Asia between the US and Iran to halt the hostilities in the region for two weeks faces renewed uncertainty as Tehran reportedly moved to block the strategic Strait of Hormuz once again due to Israel's intensified offensive against Hezbollah in Lebanon, according to Iranian state media Islamic Republic News Agency (IRNA), which US President Trump says was "not included" as part of the ceasefire deal.

Qatar declares force majeure, gas supplies to Indian industry cut

Qatar declares force majeure, gas supplies to Indian industry cut

Rediff.com3 Mar 2026

Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.

Stock Market Today: Sensex, Nifty suffer major meltdown as West Asia crisis intensifies

Stock Market Today: Sensex, Nifty suffer major meltdown as West Asia crisis intensifies

Rediff.com2 Mar 2026

Indian benchmark equity indices Sensex and Nifty experienced a significant crash in early trade, triggered by a sharp increase in crude oil prices and escalating tensions in the Middle East.

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Rediff.com8 Apr 2026

Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

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.

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.

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.

Indian warships on standby near Persian Gulf to assist merchant vessels

Indian warships on standby near Persian Gulf to assist merchant vessels

Rediff.com15 Mar 2026

According to sources, the Indian Navy warships are on standby to provide assistance or help required by merchant vessels.

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.

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.

Middle East Crisis: The New Fog of War

Middle East Crisis: The New Fog of War

Rediff.com13 Mar 2026

When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.

How An Indian Sailor Survived The Strait Of Hormuz

How An Indian Sailor Survived The Strait Of Hormuz

Rediff.com14 Apr 2026

'We kept our bags packed, ready to jump into the sea. Many times, I felt it could be my last day.'

'15 out of 10': Trump rates US war performance against Iran

'15 out of 10': Trump rates US war performance against Iran

Rediff.com5 Mar 2026

Trump claims the United States is performing exceptionally well in its ongoing conflict with Iran, citing weakened Iranian military capabilities and a strong US position.

'We were kept in jail for 50 days': Indian sailors recount escape from Iran

'We were kept in jail for 50 days': Indian sailors recount escape from Iran

Rediff.com1 Apr 2026

A group of Indian sailors recount their harrowing experience of being detained in Iran on suspicion of smuggling, and their subsequent escape from the country as regional tensions escalated into open conflict.

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).

Iran war could end in 2-3 weeks, says Trump

Iran war could end in 2-3 weeks, says Trump

Rediff.com1 Apr 2026

Despite President Trump's optimistic prediction of a swift resolution to the ongoing conflict with Iran, Tehran dismisses any possibility of diplomatic breakthroughs, citing deep distrust and highlighting the complexities of US-Iran relations.

'Even China...': BJP slams Congress for blindly backing Iran

'Even China...': BJP slams Congress for blindly backing Iran

Rediff.com5 Mar 2026

The BJP has criticised the Congress party for allegedly prioritising its vote bank and outdated ideologies over India's national interest and citizen safety in its foreign policy approach towards Iran.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

Rediff.com2 Apr 2026

The LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.

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.'

'We are friends': Iran envoy assures Hormuz passage for Indian ships

'We are friends': Iran envoy assures Hormuz passage for Indian ships

Rediff.com14 Mar 2026

Fathali further stated that Tehran has instructed its embassy in India to facilitate the Indian government, ensuring smooth operations amid the ongoing regional conflict.