Oil

Oil at $150 could spark 'stark' global recession, warns BlackRock CEO Larry Fink

Fink described rising energy costs as a "very regressive tax", noting that "it affects the poor more than the wealthy".

When oil wells burned for months and the smoke wouldn’t stop

Gulf War disaster in 1991 showed how conflict can trigger environmental damage that spreads far beyond the battlefield.

Sky-high fares: Why your flight ticket will cost more this summer

If the Iran war eases quickly, the impact may be short lived but if it extends into summer, both airlines and passengers could face a prolonged period of higher costs and disrupted travel

OPINION | Iran War triggers fertiliser and food security risks for India

The Iran war has disrupted oil and LNG supplies which has raised fertiliser prices and threatened farming so India must diversify supplies build reserves and shift to bio fertilisers

Iran war could widen India’s CAD if crude prices stay elevated, warn analysts

The West Asia conflict has renewed concerns about volatility in global energy markets and its implications for large oil-importing economies such as India

Banking, shipping secretaries to meet stakeholders today on relief for exporters amid West Asia crisis

The discussions are expected to explore possible relief measures for exporters, including lowering insurance costs, freeing up working capital, and expanding credit access to help exporters navigate disruptions.

Iran warns of acidic rain in Tehran after oil depot fires

Massive blazes at fuel storage sites following Israeli strikes have filled the skies over Tehran with smoke, raising fears about polluted rainfall and its health impact.

A capitulating market — Is it time to buy the panic?

Middle East conflict delivers a triple shock to India’s economy, testing the resilience of corporate earnings and equity valuations

Chart of the Day | Strait to catastrophe

The closure of the Strait of Hormuz has unleashed a multi-layered crisis, sending oil above $100 while threatening catastrophic ripple effects through global food production, industrial metals, and supply chains

Fear or the strength of fundamentals — What matters more for markets?

A historical analysis of how geopolitical shocks actually impact oil, gold, and global equities

New routes, more Russian barrels on cards as petroleum ministry, refiners draw up contingency plan

The ministry of petroleum and natural gas held multiple meetings with the refiners over the weekend, taking stock of the West Asia situation and charting contingency plans including alternative regions and routes for supply of crude oil

Oil rockets to four‑year high on West Asia tensions, Strait of Hormuz disruptions

Brent crude futures climbed as much as 13% to $82.37 a barrel, the highest since January 2025, and traded at $79.34 by 2305 GMT, up $6.47, or 8.88%.

Half of India’s oil imports at risk as US-Israel strike on Iran raises Hormuz supply fears

For the markets reopening, analysts expect prices to move higher again. If shipping through key routes is affected, crude could move toward $80 or higher.

Russian crude reliance raises operational risks for sanction-hit Nayara Energy

Nayara's Vadinar refinery is scheduled for a major maintenance in April–May, during which crude imports from Russia are expected to decline, data and analytics firm Kpler has said

ONGC Videsh hopeful of resuming Venezuela operations as US moves to ease sanctions, liberalise crude trade

For the coming fiscal, ONGC is targeting production of 42.5 million tonnes of oil equivalent and has charted out a Rs 32,000-33,000 crore capex plan

Indian refiners ease Russian crude intake; overall imports seen resilient in short term

While the Russian volumes could soften further, following the announcement of the US–India trade deal, a complete halt looks unlikely for now, analysts say.

Yemen, oil and power: How 'iron brothers' Saudi Arabia and UAE turned into rivals | Explained

Yemen became the most visible battleground, but the rupture runs far deeper, reshaping alliances, military planning, and the future balance of power in the Gulf.

RIL O2C results: Revenue rises 8.4% to Rs 1.62 lakh crore, EBITDA up 14.6%

Oil & gas segment revenue for the quarter declined by 8.4% to Rs 5,833 crore from the last year mainly on account of lower volumes and price realisation for KGD-6 gas and condensate.

India’s silver imports up 129% on price rise, supply concerns

The surge in silver imports comes at time when gold has slipped and petroleum growth slowed, likely driven by global price spikes and China export curbs

OMCs likely to register strong Q3FY26 on higher refining margins

Recognition of LPG under-recovery compensation from November 2025, along with lower per-cylinder LPG under-recoveries on-quarter, should provide support to blended marketing margins, as per Motilal Oswal.

US sanctions unlikely to deter Indian appetite for Russian oil, imports may pick up in January: Kpler 

Russian crude continues to find its way into India through an expanding network of intermediaries, traders, and logistical workarounds. The Middle East, Latin America and US continue to act as diversification buffers.

The Venezuela Strike: Stable oil supply, but heightened global uncertainty

Despite the dramatic U.S. military capture of Nicolás Maduro, Venezuela's marginal oil production—under 1% of global supply—ensures stable near-term flows, yet escalating geopolitical risks could inject lasting uncertainty into energy and financial markets.