The government has imposed a special additional excise duty to discourage exports. Crude oil supplies are lower, so is refining throughput
Sharp decline in spot crude premiums offsets surge in Brent prices, offering partial relief to Indian oil marketing companies as global supply disruptions reshape pricing dynamics
Experts said the crisis in West Asia is likely to prompt producers like Saudi Arabia, the UAE and Qatar to participate in building oil reserves in major consuming nations like India
West Asia conflict and strained global supplies tighten India's oil cushion, raising risks of a crude crunch despite refiners tapping inventories
The Iran-US-Israel conflict effectively shuttered the Strait of Hormuz, the artery of India's oil trade
Importers explore cargoes from Russia and Norway as Qatar supply disruptions and geopolitical tensions force diversification and raise questions over sanctioned LNG sourcing
Old formula did not represent the price paid by Indian refiners
Shipping is the biggest obstacle for India in source fuels
A global supply squeeze is nudging India faster towards renewables, even as China stays far ahead
Newer LNG terminals face viability risks as West Asia conflict cuts supplies, raises prices and weakens demand, even as India expands import capacity and dependence on overseas gas
India emerges as the largest energy transition market outside China, needing up to $300 billion as demand surges and global investors step in
Latest sanctions by EU banning imports of fuels made from Russian crude oil from January has hurt India's sales, say industry sources
Indian refiners find the Iran oil supply chain difficult to navigate, especially within the limited waiver window set by Washington for the oil to be delivered and paid for
On the positive side, a new route, bypassing Hormuz, opened for India's LPG supplies from Saudi Arabia. But there is a supply shortage for March and a much bigger one for April as of date
System adds hundreds of millions of dollars to India's fuel import bill; ministry aware
War-hit routes and contract-locked supplies squeeze availability
The country still faces a shortfall of 750,000 bpd of crude oil in March compared to Feb
2 years after the launch of PM Surya Ghar, rooftop solar adoption has accelerated but remains far short of the 10-million-home target
India's new gas rationing regime may still fall short as LNG supplies shrink after the Strait of Hormuz closure, leaving a widening gap between demand and imports
Surplus ethanol capacity and rising geopolitical risks revive calls for higher blending targets as India weighs E30, flex fuels and even E50 to bolster energy security