India Oil Iran

On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots.

The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.

Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia.

Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.

A day after External Affairs Minister S Jaishankar's visit, the United States sanctioned an Indian company for purchasing Iranian petroleum and petrochemicals.

Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).

Iran is ready to meet India's energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue between the world powers and Tehran on the lifting of sanctions against the OPEC-member.

Iran is ready to meet India's energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue between the world powers and Tehran on the lifting of sanctions against the OPEC-member.

ONGC: The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.

Currently, petrol and diesel prices in India are reviewed by oil marketing companies on a daily basis and any changes - to bring the prices at par with international crude oil and forex rates - are implemented at fuel stations at 6 am.

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday said that India is hopeful that tensions subside in the oil-producing countries "in the interest of everyone".

India has a strong political and cultural relationship with Iran where it operates a strategic port, External Affairs Minister S Jaishankar has said, rejecting reports that Tehran is disappointed at New Delhi for not buying oil from the oil-rich nation in view of the tough US sanctions.

Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.

Iran has claimed that it released seven Indian crew members aboard the 'Stena Impero', the British-flagged oil tanker, seized by the Islamic Revolutionary Guard Corps (IRGC) in July, the country's foreign ministry spokesperson Abbas Mousavi said on Wednesday.

All 24 Indian crew members who were aboard the Grace 1 -- an Iranian tanker seized by Gibraltar authorities with the help of British marines over a month ago -- have been freed, Minister of State for External Affairs V Muraleedharan tweeted on Thursday. The much-awaited development comes over a month after India launched efforts to secure their rel...

On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots.

The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.

Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia.

Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.

A day after External Affairs Minister S Jaishankar's visit, the United States sanctioned an Indian company for purchasing Iranian petroleum and petrochemicals.

Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).

Iran is ready to meet India's energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue between the world powers and Tehran on the lifting of sanctions against the OPEC-member.

Iran is ready to meet India's energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue between the world powers and Tehran on the lifting of sanctions against the OPEC-member.

ONGC: The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.

Currently, petrol and diesel prices in India are reviewed by oil marketing companies on a daily basis and any changes - to bring the prices at par with international crude oil and forex rates - are implemented at fuel stations at 6 am.

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday said that India is hopeful that tensions subside in the oil-producing countries "in the interest of everyone".

India has a strong political and cultural relationship with Iran where it operates a strategic port, External Affairs Minister S Jaishankar has said, rejecting reports that Tehran is disappointed at New Delhi for not buying oil from the oil-rich nation in view of the tough US sanctions.

Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.

Iran has claimed that it released seven Indian crew members aboard the 'Stena Impero', the British-flagged oil tanker, seized by the Islamic Revolutionary Guard Corps (IRGC) in July, the country's foreign ministry spokesperson Abbas Mousavi said on Wednesday.

All 24 Indian crew members who were aboard the Grace 1 -- an Iranian tanker seized by Gibraltar authorities with the help of British marines over a month ago -- have been freed, Minister of State for External Affairs V Muraleedharan tweeted on Thursday. The much-awaited development comes over a month after India launched efforts to secure their rel...