#oil-imports
India ethanol push drives big rise in land farmed to make fuel
India depends on imports for some 85% of its oil, so using more ethanol, made from crops such as sugarcane, rice and maize, is central to its plans to boost its energy security and reduce planet-heating emissions
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says
India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly…
India’s rising oil imports push trade deficit into risky territory: Crisil
India’s oil trade deficit is expected to widen significantly in FY27 due to rising crude oil prices and weakening petroleum exports, according to a report by Crisil. The report warned that India’s heavy dependence on imported crude could put added pressure on…
Indonesia continues Russian oil imports despite US sanctions
Indonesia will continue the process of importing Russian oil despite the expiration of U.S. sanctions relief for Russian oil sales on May 16, the ...
PM Modi again calls for reduced import reliance amid global turmoil; govt assures stable oil stocks
The government simultaneously rushed to reiterate the PM’s appeal while assuring that crude oil inventories remain stable and refineries are operating at optimum levels
Modi urges Indians to cut fuel usage amid Iran war
Modi urged Indians to resume remote work and digital meetings to cut fuel use, save foreign exchange, and ease inflation pressure from oil imports.
West Asia war has a crude lesson for Indian economy: Cut the oil imports
The West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. An RBI MPC member stressed the need for increased domestic exploration and a faster transition to alternative ene…