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The United States will not extend existing sanctions waivers for the purchase of Russian or Iranian oil.
India calls reports on Iranian crude diversion “Factually Incorrect”
19-kg commercial LPG cylinder is priced at ₹2,078.50 in Delhi.
Trump asked France, China and other nations to seek passage through strait of Hormuz by themselves.
India is increasing efforts to secure crude oil and gas from all sources due to concerns about a global energy crisis stemming from the Middle East conflict.
Kharg Island is a cornerstone of Iran's economy.
IEA members unanimously agreed to make 400 million barrels of oil from their emergency reserves available to the market.
Oil prices eased on Friday morning in Asia after the US waiver announcement.
Donald Trump announced the opening of the America First Refining project in Brownsville, Texas, crediting Indian company Reliance for its investment.
Oil prices experienced a significant decline on Tuesday, with Brent crude futures dropping to $92.45 a barrel and US West Texas Intermediate (WTI) falling to $88.65, a sharp reversal from Monday's surge past $100
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