UAE OPEC exit signals de-dollarisation, positive for India’s “Oil for rupee”: Kotak Securities
MUMBAI: The impact of the United Arab Emirates (UAE) exiting OPEC on global oil prices will depend on when supply through the Strait of Hormuz normalises, and with strong relation between India-UAE, the move
No future for petrol and diesel vehicles: Nitin Gadkari
NEW DELHI : Minister of Road Transport and Highways Shri Nitin Gadkari said on Tuesday that there is no future for vehicles operating on fossil fuels like petrol and diesel in the long term.
First LNG shipment since war began appears to exit Hormuz
ABU DHABI : The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The
Ulsan Port Successfully Completes World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels
ULSAN (SOUTH KOREA): The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026. This milestone
RINA grants Type Approval to SRC Group’s Methanol Superstorage system
GENOA: SRC Group’s Methanol Superstorage system has received Type Approval from RINA, in a formal recognition of a solution which allows shipowners and operators to use methanol and ethanol as green marine fuels without
Kuwait declares force majeure on oil shipments amid Hormuz blockade : Bloomberg
RIYADH : Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability
Kandla Port facilitates landmark export of Cryogenic LNG Tanks to The Bahamas
GANDHIDHAM : India: Reinforcing its position as a key gateway for project and heavy-lift cargo, Kandla Port has successfully handled and dispatched a major consignment of cryogenic LNG storage tanks manufactured by INOX India
Trump’s Hormuz blockade puts China, India in crosshairs as U.S. pressure on Iran spills over
WASINGTON/BEIJING/NEW DELHI: The U.S. blockade of the Strait of Hormuz is not only squeezing Iran but also ratcheting up pressure on two of its most consequential relationships in Asia — India and China. With