

The Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks intervened to cushion the fall. Rising inflation concerns are prompting analysts to anticipate a Reserve Bank of India rate…
Rubio says Strait of Hormuz will open 'one way or the other'
Adnoc’s Tankers Are Slipping Oil, Gas and Fuel Through HormuzBloomberg.com Oil Slides as Ships Move Toward HormuzWSJ Oil and LNG tankers exit Hormuz, heading for Pakistan and ChinaReuters More Tankers Make It Through the Strait of HormuzCrude Oil Prices Today…
In a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. This partnership is aimed at revitalising production levels, drawing from the encouraging outcomes observed in their earli…

The rupee closed at 95.23 per dollar, up over 1.5% since Wednesday, when it had hit a record low of 96.96 per dollar
Fuel prices have increased again. Arvind Kejriwal, AAP leader, questioned Prime Minister Narendra Modi. He asked why India is not purchasing cheaper oil from Russia and Iran. He stated that 140 crore people are facing hardships due to rising inflation. Petrol…
Indian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola, and Nigeria increased. Russia remained a key supplier, though its share saw a dip. The UAE and Saudi Arabia saw increas…

Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment.

Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently circumventing both the Iranian navy and US warships to reach energy-starved customers.

Three tankers loaded with liquefied natural gas appear to have crossed the Strait of Hormuz in recent days, as suppliers in Qatar and the UAE attempt to get fuel out to key buyers despite the near-total closure of the waterway.
Gold prices surged over 1 percent on Monday. A weaker dollar and falling oil prices provided support. Investors are closely watching U.S.-Iran peace talks. Hopes for a breakthrough were tempered by U.S. President Donald Trump's comments. Oil prices hit two-we…

Explore India's energy challenges and strategies to boost electricity's share while reducing reliance on coal and oil for sustainability.
State-run oil firms in India raised petrol and diesel prices for the third time this month as crude costs rise after Iran conflict, dealers said. in India

Venezuelan Acting President Delcy Rodriguez is expected to travel to India next week to discuss oil sales.
Hitesh Jain of Yes Securities outlines a market of ambiguity for crude oil, caught between geopolitical tensions and potential easing. He contrasts the AI investment cycle with the dotcom era, highlighting stronger fundamentals and faster adoption. Jain views…
Arvind Panagariya says RBI should not defend the rupee at 100 per dollar, arguing depreciation is the right response to rising oil pressures.

China appears to continue sending crude into strategic and commercial reserves despite the plunge in its imports and the world’s biggest-ever supply shock. China likely sent 430,000 barrels per day (bpd) of crude to reserves last month, according to estimates…

Traffic through the Strait of Hormuz slightly increased as Iran offers an insurance scheme and NATO is reportedly considering intervening Read Full Article at RT.com

The U.K. government has quietly delayed some new sanctions on Russian oil to help Britons cope with rising costs from the Iran war
The U.K. government has quietly delayed some new sanctions on Russian oil to help Britons cope with rising costs from the Iran war. A new trade license allows the import of Russian oil refined into jet fuel and diesel in third countries like India and Turkey.…

The rupee slid to 96.96 per dollar, breaching its previous record low of 96.6150 hit in the prior session, and ended the day at 96.82

Only three stocks gain on the Nifty 50 in early trade. Hindalco leads gainers, rising 1.26% to ₹1,061.50. TCS adds 0.50% to ₹2,338.70, while Infosys edged up 0.02% to ₹1,197.10

The waiver reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.

Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao said Tuesday that Venezuela’s new hydrocarbons framework will allow contract disputes to be res…
The UAE said it is racing to complete a new pipeline by next year that will double its oil export capacity bypassing the waterway.
Washington remains deeply divided over the latest US sanctions waiver for Russian oil, which allows at-risk nations to buy Russian shipments already loaded at sea, as disruptions tied to the US-Israeli confrontation with Iran roil global energy markets.

ADNOC signed agreements with state-owned Indian Strategic Petroleum Reserves and Indian Oil to support Indian energy security and pursue energy trading collaboration.