
Oil Supplies to India Increase to 1.52 Mb/d As Producers Take on Transit Risk
Oil supplies from the Gulf to India have recovered to 1.52 million barrels per day for September, up from 1.03 mb/d in June, according to Kpler data.
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Oil supplies from the Gulf to India have recovered to 1.52 million barrels per day for September, up from 1.03 mb/d in June, according to Kpler data.

US secretary of state Marco Rubio has visited the Reliance Industries’ Jamnagar complex, which will bolster US-India collaboration in energy in view of the surging cost of diesel globally.

India and Canada plan to expand energy ties and finalize trade agreement negotiations ahead of Prime Minister Narendra Modi's December visit.

India and Poland agreed to boost nuclear energy, defense, and space cooperation during talks between Prime Minister Modi and Prime Minister Tusk.

Soaring global prices pushed India’s crude import bill up 46% to $90.6 billion, despite flat import volumes

US Secretary of State Marco Rubio said Washington is very close to finalising a bilateral trade pact with India.

Indian Ambassador Gourangalal Das held meetings with South Korean legislators to deepen economic, parliamentary, supply chain, and energy partnerships.

NTPC has invited global EPC bids for a 15 MW floating solar and 60 MWh battery storage project in Mauritius.

External Affairs Minister S Jaishankar met UAE's Deputy PM Sheikh Abdullah in Abu Dhabi to review strategic ties, expanding cooperation in trade, energy, and security.

Oman became India's top LNG supplier in September, bypassing Strait of Hormuz disruptions

Indian mobility company Jupiter Wagons Ltd announced winning of a BESS installation project of 41 MW/102.5 MWh capacity in the Indian state of Uttarakhand along with its country mate Madhav Infra Projects Ltd.

India aims for 236 GWh battery storage by 2031-32, backed by government green initiatives- Rajneesh Khattar

Tata Power and Ocean Sun signed an agreement to pilot a 300 kWp membrane-based floating solar project in Maharashtra, India.

India has raised concerns with a US Congressional delegation over the impact of the new sanctions law on bilateral ties and the international energy market.

Unsettled US ties, high energy prices, and limited AI presence create economic barriers for India, warns the Chief Economic Adviser.

The Minister of State Shripad Naik held a bilateral meeting with a European Union delegation on cooperation in energy security, green technology, and carbon trading.

G20 nations adopted four consensus outcomes covering infrastructure approvals, household energy access, water reuse and critical-mineral supply chains.

India and Bhutan reviewed energy cooperation, including hydropower projects and a ₹4,000 crore concessional line of credit for energy projects in Bhutan.

India has approved daily power exports to Nepal till December 31, providing up to 654 MW to help address electricity shortages caused by recent flood damage.

The Strait of Hormuz has seen a sharp decline in vessel traffic following the escalation of the West Asia conflict, disrupting the movement of oil, LNG and other commodities. The waterway previously handled nearly 20% of global oil and LNG exports, making the prolonged disruption a major concern for global energy security.

India and Mauritius have exchanged a G2G MoU on oil and gas cooperation, alongside a five-year agreement under which IOCL will supply Mauritius’ entire import requirement of MS, HSD and ATF.

The United States has established a maritime shipping corridor across the Strait of Hormuz to facilitate crude oil shipments amid the ongoing conflict with Iran. The corridor is supporting nightly movement of 15 to 20 tankers, with oil exports from the Gulf reaching nearly 10 million barrels per day.

India hosted the eighth BRICS Youth Energy Summit 2026 virtually under its BRICS Chairship, with more than 100 participants discussing energy security, access, sustainability, technology and innovation.

Brent crude futures rose 0.85% to $91.79 a barrel, while WTI climbed 1% to $85.79 amid uncertainty over vessel movement through the Strait of Hormuz and ongoing supply disruptions.

Iran and Oman have reached an understanding on a vessel transit route through the Strait of Hormuz, with details of a joint statement still being finalised.

Shipping traffic through the Strait of Hormuz fell to six vessels on Monday, below the 10-day average of roughly 11, amid renewed uncertainty over a potential US-Iran peace deal.

Iran and Oman have reached a provisional understanding on a new shipping route through the Strait of Hormuz, with a joint statement expected once final details are settled, although Tehran cautioned that the agreement would not immediately ensure safe navigation.

India has urged an immediate de-escalation of hostilities in the Strait of Hormuz at the UN Security Council, calling for unrestricted maritime trade and safe navigation while highlighting the region's importance to the country's energy security and trade.

Oman has proposed a joint management framework with Iran for the Strait of Hormuz, including a transit fee mechanism, as diplomatic efforts continue following a pause in US-Iran hostilities.

Crude oil prices climbed to their highest level in six weeks as escalating tensions in West Asia and fresh threats to key shipping routes heightened concerns over global oil supplies. Brent settled at $96 per barrel, while WTI rose to $88.24.

External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed energy, trade, defence, critical minerals and regional security during talks held on the sidelines of ASEAN meetings in Manila.

The International Energy Agency has warned that global energy security remains under severe threat unless diplomatic efforts between the United States and Iran restore oil flows through the Strait of Hormuz, as regional tensions continue to escalate.

The India-UK Comprehensive Economic and Trade Agreement and Double Contribution Convention have come into force, strengthening the competitiveness of India's clean energy manufacturing, engineering exports and energy services.

India and Australia have completed the administrative arrangement under their Civil Nuclear Cooperation Agreement, enabling long-term Australian uranium exports to support India's nuclear energy expansion.

Oil prices climbed 4% after fresh US-Iran military strikes reignited concerns over energy shipments through the Strait of Hormuz, with vessel traffic dropping to a five-week low.

External Affairs Minister Dr S Jaishankar concluded his official visit to Qatar, where both sides reviewed bilateral cooperation across energy security, trade, investments, connectivity, security, and people-to-people ties.
India and Japan have signed a strategic energy cooperation agreement to enhance petroleum reserve ecosystems, maritime energy transport, and emergency response coordination while deepening collaboration under the India-Japan Energy Dialogue.

India and Japan have unveiled a strategic roadmap centred on energy security, resilient supply chains, critical minerals, AI and emerging technologies amid growing geopolitical and trade uncertainties.

Iran has said safe navigation through the Strait of Hormuz requires coordination with Tehran, warning that alternative transit arrangements made without its involvement could be suspended.

Iran's Islamic Revolutionary Guard Corps has directed commercial vessels to use only Iran-designated shipping corridors through the Strait of Hormuz, escalating concerns over maritime security and global energy trade.

Venezuelan Acting President Delcy Rodríguez will visit India from June 3-7 to strengthen cooperation across energy, trade, finance, science and technology sectors.

NSA Ajit Doval holds talks in Saudi Arabia on energy cooperation as India steps up engagement with key suppliers amid Hormuz disruptions and energy security concerns.

PM Modi raised concerns over attacks on energy infrastructure and stressed secure shipping routes in talks with Saudi Crown Prince

Iran says it is allowing vessels from select countries, including India, to pass through the Strait of Hormuz, while restricting access for others amid West Asia the ongoing conflict.

PM told Rajya Sabha today that India is in touch with Iran, Israel, US; pushes for reopening of Strait of Hormuz as crude, LPG shipments continue to arrive.

Global oil prices climbed after US strikes on Iranian military assets on Kharg Island heightened tensions in the Persian Gulf and raised concerns about potential disruptions to global energy supplies.

Prime Minister Narendra Modi stressed the need for unhindered transit of energy and goods during a call with Iran’s President amid rising concerns over West Asia disruptions.

External Affairs Minister S Jaishankar spoke with Iran’s foreign minister Seyed Abbas Araghchi amid escalating Middle East tensions that are raising concerns over global oil flows and energy security.

The US has granted India a 30-day waiver to continue purchasing Russian oil cargoes already at sea, as tensions in West Asia raise concerns over global energy supply disruptions.

Commerce and Industry Minister Piyush Goyal said the interim India–US trade framework aims to diversify suppliers and secure more competitive pricing.