Oil Imports
Rosneft assures stable Russian oil supplies to India amid West Asia war
Rosneft chief Igor Sechin has said that Russia's energy partnership with India and China will ensure steady crude supplies despite disruptions from the West Asia conflict and the Strait of Hormuz blockade.
2 min read6 Jun 2026Escape the clutches of Hormuz: here’s how India should plot its path ahead to secure its economy
Long ago, the strait used to be a chokepoint for horse imports. India is no stranger to trade curbs that result in scarcity. Now it’s oil supply. While globalization offers efficiency gains, today’s world calls for supply chain management with a plan B for every risk.
4 min read4 Jun 2026Mint Explainer | How EVs are starting to reshape global oil demand
The IEA expects electric vehicles to displace up to 5 million barrels of oil demand a day by 2030, with implications for global energy markets and India’s crude import bill.
3 min read25 May 2026Will an oil shock and trade turmoil get in the way of India’s 2047 aim? Let’s acquire resilience against setbacks
Estimates of the Gulf war’s blow to India’s economy spotlight the need for uncertainty buffers. To cushion itself, India must expand strategic energy reserves, speed up its clean transition and optimize its policy path in the face of tricky trade-offs.
5 min read12 May 2026Rupee plunges to new low, some see signs of undervaluation against EM peers
While the rupee has weakened significantly against the greenback, its Real Effective Exchange Rate (REER) tells a more balanced story of competitiveness against major trading partners
3 min read6 May 2026Why India Is Not Revealing Russian Oil Import Details Under RTI | ‘Commercial and Confidential’
India has declined to share detailed, company-wise data on crude oil imports from Russia under the RTI Act, citing commercial confidentiality and strategic concerns. The Petroleum Planning and Analysis Cell (PPAC), under the Oil Ministry, rejected the request, and the Central Information Commission upheld the decision. The case underscores the ongoing tension between transparency and strategic sensitivity in India’s energy policy.
30 Apr 2026Pakistan stock market crashes 1%, down 3.5% this week as US-Iran war dents investor confidence — More pain ahead?
Pakistan stock market faces turmoil due to elevated crude oil prices linked to Middle East conflicts. The flagship KSE 30 index has declined 1.4% drop, taking the weekly loss to 3.5% and the monthly fall to 9%.
3 min read13 Mar 2026China has spent years preparing for the Iran oil crisis
Massive oil stockpiles and a shift to electric vehicles are helping to insulate the Chinese economy from supply disruptions in the Middle East.
4 min read10 Mar 2026US–Iran conflict: With Strait of Hormuz closed, India faces rising uncertainty and economic risks
With the Strait of Hormuz still shut – a move that has the potential to disrupt roughly a fifth of global oil supplies and push crude prices higher – India faces another concern: already elevated gold prices.
3 min read6 Mar 2026Oil prices up over 2% amid ongoing conflict in West Asia
Brent climbs past $83 as Strait of Hormuz tensions threaten 27% of global oil trade; India, heavily import-dependent, braces for potential supply and inflation shocks.
2 min read5 Mar 2026Wait for it…
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