7 Indian-flagged ships have crossed the strait so far; number of stranded vessels down to 17 from 28 at start of war
Russia signals readiness to boost oil and LNG supplies as India faces energy stress amid West Asia conflict and rising import dependence
Regulator extends PNG drive till June 2026 to accelerate CGD rollout and meet rising demand amid LPG supply concerns and push for cleaner energy adoption
The strict enforcement of certain provisions amid supply disruptions from the West Asia war may impact companies, the regulator said
A government committee will evaluate sector-wise allocation of C3 and C4 streams for key sectors amid supply constraints and rising energy prices due to the West Asia crisis
Jet fuel prices were partially raised to cushion domestic travellers despite global surge, while commercial LPG prices were hiked and domestic rates kept unchanged
Furthermore, Angola has emerged as one of the biggest crude oil suppliers to India amid attempts to source from West Asian alternatives
India adds over 3.1 lakh PNG connections in March as government extends drive to boost adoption amid LPG supply concerns and expand gas network coverage
Government launches OALP-XI offering 21 blocks across 80,228 sq km to fast-track exploration and strengthen energy security amid rising import dependence
PNGRB retains Zone 1 tariff for CNG and domestic PNG users while revising Zone 2 rates; earlier reduced unified tariff zones from three to two
The government has granted temporary permission to OMCs to store kerosene up to 2,500 litres to ensure fuel availability for cooking purposes
Crude prices stayed near $100 per barrel amid ongoing West Asia tensions, while India denied reports of paying Iran for tanker passage through the Strait of Hormuz
Oil prices dropped sharply after Trump paused Iran strikes, while Indian LPG tankers crossed the Strait of Hormuz amid supply concerns and disruptions in West Asia
Amid LPG shortages, the government has asked CGD firms to provide PNG connections to schools, colleges, and community kitchens within five days where pipeline infrastructure exists
Awaiting clarity on payment mechanisms
The total LPG allocation increases to 50 per cent for commercial users with the latest additional 20 per cent allocation
Benchmark Brent prices slipped to around $105 per barrel on Friday, from the highs of $119 a day earlier
Agency outlines measures such as remote work, reduced travel and public transport use to ease demand as oil prices surge amid West Asia conflict
To secure supplies, 13 tankers carrying around 3.5 lakh tonnes of LPG are currently headed from the US to India
At least 8 oil tankers, including 7 with Russian crude, diverted mid-voyage from China to India