Hours before Iran’s closure of Strait of Hormuz again, three Indians supertankers, with 94 crew members, safely transit Strait of Hormuz
BANDAR ABBAS : Three Indian-flagged crude oil supertankers crossed the Strait of Hormuz on Saturday and are sailing for home with 94 Indian crew aboard — slipping through, it now appears, mere hours before
Goldman Sachs warns Strait of Hormuz traffic may recover to only 70% after war
BANDAR ABBAS : Oil flows going through the Strait of Hormuz may recover to only about 70 per cent of their pre-war level, according to Goldman Sachs Group Inc, which highlighted regional producers leaning
UAE has a plan to cut Hormuz dependency to ‘zero’: ‘It’s going to open but we won’t stop the new plan’
DUBAI : As the world awaits the full reopening of the Strait of Hormuz following the signing of an interim peace deal between Iran and the US, the United Arab Emirates is working on
Iran resumes oil exports as supertankers exit US blockade area with 3.8 million barrels of crude
TEHRAN : At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade in the Strait of Hormuz in the first such outbound shipment in two
Nitin Gadkari clears E100 fuel framework, paving way for ethanol-only vehicles in India
NEW DELHI : India has formally cleared the regulatory framework for the use of 100% ethanol (E100) as a vehicular fuel, a move that could accelerate the rollout of ethanol-powered cars and two-wheelers while
Centre restricts industries from buying Petrol and Diesel from retail pumps
NEW DELHI : The government has restricted institutional, industrial, and commercial customers from buying Motor Spirit and High-Speed Diesel from retail outlets and has asked them to source their requirements from their own consumer
Klaipėda Port opens Lithuania’s first green hydrogen station
KLAIPEDA: Klaipėda Port has officially opened Lithuania’s first green hydrogen production and refuelling facility, marking a significant milestone in the country’s transition to clean energy. The new station will supply green hydrogen for passenger
Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses
NEW DELHI : Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses. State-run oil marketing companies may need to increase auto fuel prices up to Rs 12