India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiner…

Indian state refiners are ramping up their production of liquefied petroleum gas amid a seasonal jump in demand as the country enters festive season and imports from the Middle East remain strangled. So far in September, local production of LPG has averaged 4…

Petrol, Diesel Price Today: Crude oil price jumps amid Hormuz closure report, Check latest petrol, diesel rates in Delhi, Mumbai, Noida, Lucknow, Bengaluru, Kolkata, Chennainews24online.com

With traffic resuming through the Strait, exporters expect freight and insurance costs to moderate, shipping schedules to normalise and business confidence to improve
India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from the Middle East even if the Strait of Hormuz reopens to commercial traffic.

The government has asked oil companies to build 30-day LPG reserves amid Hormuz supply risks. What are strategic reserves? What is the status of LPG reserves in India? How is it different from Strategic Petroleum Reserves (SPRs)?

The Quad partners unveil a $20 billion minerals framework to counter China and address maritime security concerns in West Asia.
US President Donald Trump said a peace deal with Iran was nearing completion and that the reopening of the strategic Strait of Hormuz would be announced shortly, even as an Iranian media outlet cast doubt on the claim.

“Access now depends on where you stand with Tehran, whether you are willing to comply with its rerouting demands, and whether you have quietly negotiated your place in the new order.”

Addressing concerns over global energy markets, Bessent acknowledged a shortfall of up to 10 million barrels per day due to the crisis but expressed confidence that supply would stabilise