News for 'oil imports'

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.'

Middle East War: Why Strait Of Hormuz Is Iran's Trump Card

Middle East War: Why Strait Of Hormuz Is Iran's Trump Card

Rediff.com16 Mar 2026

If the oil infrastructure is attacked by the United States, the whole area could be flooded with oil, spilling into the Persian Gulf.

'Just reading statement without...': Oppn demands debate on Iran war

'Just reading statement without...': Oppn demands debate on Iran war

Rediff.com9 Mar 2026

Opposition parties are demanding a full Parliament discussion on the West Asia conflict, criticising the government's silence and calling for a contingency plan to protect India's energy security and citizens.

Don't tell us...: Tharoor slams Trump as Cong corners Modi on Russian oil

Don't tell us...: Tharoor slams Trump as Cong corners Modi on Russian oil

Rediff.com23 Oct 2025

As US President Donald Trump claimed that India will significantly reduce Russian oil imports by year-end, Congress MP Shashi Tharoor on Thursday hit back by criticising him for making announcements on behalf of New Delhi.

2 more Indian ships safely cross Strait of Hormuz

2 more Indian ships safely cross Strait of Hormuz

Rediff.com14 Mar 2026

Two Indian ships carrying liquified petroleum gas (LPG) from the Gulf countries crossed the Strait of Hormuz early on Saturday morning, raising the number of Indian vessels safely passing through the war-hit, narrow shipping lane to three.

'Trump Wants To Force India To Stop Importing Oil From Russia'

'Trump Wants To Force India To Stop Importing Oil From Russia'

Rediff.com4 Aug 2025

'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'

Reliance to comply with US sanctions on Russian oil

Reliance to comply with US sanctions on Russian oil

Rediff.com24 Oct 2025

Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.

Suryakumar Yadav Lauds Comfortable Equation with Coach Gautam Gambhir

Suryakumar Yadav Lauds Comfortable Equation with Coach Gautam Gambhir

Rediff.com9 Mar 2026

Suryakumar Yadav discusses his successful partnership with head coach Gautam Gambhir, highlighting their shared understanding and mutual respect, which has led to significant success for the Indian T20 team.

India's Russian oil imports now double of Iraq

India's Russian oil imports now double of Iraq

Rediff.com9 Apr 2023

India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier. But the purchases appear to have plateaued as growth has slowed. Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India imported, according to energy cargo tracker Vortexa.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Rediff.com10 Mar 2026

The Indian government has revised its natural gas allocation priorities, placing LPG production alongside CNG and piped cooking gas at the top, due to disruptions in imported gas supplies caused by the conflict in West Asia.

US sanctions on Russian oil firms to hit Reliance

US sanctions on Russian oil firms to hit Reliance

Rediff.com23 Oct 2025

US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now.

No need to panic, enough LPG supply for homes, says govt

No need to panic, enough LPG supply for homes, says govt

Rediff.com13 Mar 2026

The government has assured citizens that there is no need to panic book LPG cylinders, as uninterrupted supply to households is being ensured despite the ongoing conflict in West Asia.

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.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

Trump Won't Decide What Happens Next In The War

Trump Won't Decide What Happens Next In The War

Rediff.com6 days ago

'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'

'Suddenly, LPG Supply Stopped On Sunday'

'Suddenly, LPG Supply Stopped On Sunday'

Rediff.com11 Mar 2026

'Nobody explained why. After that there was panic buying, there was hoarding -- and then nothing reached us.'

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Rediff.com13 Mar 2026

Researchers at CSIR-NCL have developed a technology for producing dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG), potentially reducing India's reliance on imports and enhancing energy security.

Iran war: Centre announces Rs 497 crore export relief package

Iran war: Centre announces Rs 497 crore export relief package

Rediff.com20 Mar 2026

In view of the disruptive situations, the Central government has also announced a financial relief package of Rs 497 crores aimed at helping exporters affected by disruptions in West Asia.

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.

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

F1 drops Bahrain, Saudi Arabia races over Middle East crisis

Rediff.com15 Mar 2026

Formula One has cancelled the Bahrain and Saudi Arabian Grands Prix scheduled for April due to escalating Middle East tensions, reducing the 2026 F1 calendar from 24 to 22 races.

India's edible oil imports rise

India's edible oil imports rise

Rediff.com17 Jul 2007

India's edible oil imports rose by 41 per cent to touch 5.47 lakh tonnes in June against 3.88 lakh tonnes a year-ago, according to figures released by the Solvent Extractors' Association of India.

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.

Modi said to me, 'Sir, can I please see you?': Trump

Modi said to me, 'Sir, can I please see you?': Trump

Rediff.com7 Jan 2026

United States President Donald Trump on Tuesday boasted about India-US defence cooperation, claiming that India's order for 68 Apache attack helicopters was delayed by five years and that Prime Minister Narendra Modi personally raised concerns over the long delivery period during a meeting with him.

India's oil import from Russia minuscule: Govt

India's oil import from Russia minuscule: Govt

Rediff.com4 May 2022

India on Wednesday asserted that its energy purchases from Russia remain 'minuscule' in comparison to its total consumption and that legitimate energy transactions cannot be politicised as energy export from Russia are yet to be sanctioned. The world's third-biggest oil-consuming and importing nation has in recent weeks snapped few cargoes available from Russia at deep discounts as part of its plans to diversify its import basket. These purchases have been commented upon.

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

Rediff.com27 Mar 2026

'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'

Modi speaks to Iran's President Pezeshkian as West Asia tensions escalate

Modi speaks to Iran's President Pezeshkian as West Asia tensions escalate

Rediff.com13 Mar 2026

Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian to discuss the escalating tensions in West Asia, emphasising the safety of Indian nationals and the need for regional stability through dialogue and diplomacy.

Nothing changes, India will be paying tariffs: Defiant Trump after SC blow

Nothing changes, India will be paying tariffs: Defiant Trump after SC blow

Rediff.com21 Feb 2026

US President Donald Trump asserted that the trade deal with India remains intact despite a Supreme Court ruling against his tariffs, while also claiming he used tariffs to stop a war between India and Pakistan.

India cutting back Russian oil buy 'completely', Trump claims again

India cutting back Russian oil buy 'completely', Trump claims again

Rediff.com26 Oct 2025

US President Donald Trump claimed India will stop buying oil from Russia, while also stating China will cut back substantially. He also discussed the conflict between India and Pakistan, reiterating his claim of helping settle the conflict.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com23 Mar 2026

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

Extended Iran conflict may hit order inflows of L&T

Extended Iran conflict may hit order inflows of L&T

Rediff.com10 Mar 2026

While investors would focus on the results and guidance for the third quarter of financial year 2025-26 (Q3FY26) in the normal course of business, the US-Israeli attack on Iran and the latter's retaliation at Gulf allies of the US has forced them to weigh the consequences of the event.

'This War Is Only About Iran's Fight For Survival'

'This War Is Only About Iran's Fight For Survival'

Rediff.com4 Mar 2026

'Strikes into the Gulf countries are proof that the security guarantees offered by the US are ineffective and that the Gulf countries cannot rely on American security assurances for their safety.'

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

US penalty risk on Russian oil may add $9-11 bn to India's import bill

US penalty risk on Russian oil may add $9-11 bn to India's import bill

Rediff.com3 Aug 2025

India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.

Blow to Trump as US Supreme Court strikes down his sweeping tariffs

Blow to Trump as US Supreme Court strikes down his sweeping tariffs

Rediff.com20 Feb 2026

The verdict marks a notable shift from a series of recent wins for Trump at the Supreme Court.

Russia to remain India's No 1 crude oil supplier: Analysts

Russia to remain India's No 1 crude oil supplier: Analysts

Rediff.com5 Oct 2025

India's crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country's total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow's war effort in Ukraine. India's crude imports in September were around 4.7 million barrels per day, up 220,000 bpd month-on-month and flat year-on-year.

Switch To LNG May Save India $1 Bn

Switch To LNG May Save India $1 Bn

Rediff.com2 Jan 2026

India could save $1 billion in crude oil imports annually if the country switches 10 per cent of its diesel usage in the transport sector to liquefied natural gas.