
West Asia Turmoil Drives Crude Beyond USD 100, Threatening Indian Household Budgets
Chief Economist Manoranjan Sharma warns of rising fuel prices as West Asia tensions push crude above USD 100, impacting household budgets and the Indian economy.

Chief Economist Manoranjan Sharma warns of rising fuel prices as West Asia tensions push crude above USD 100, impacting household budgets and the Indian economy.

Rosneft CEO Igor Sechin claims US firms benefit from the Strait of Hormuz closure amid Iran war, as global oil markets face volatility and long-term uncertainty.

India's reliance on Russian oil hit an 11-month high of 38% in April 2026, as the premium paid for imports surged by 425% amid the ongoing West Asia crisis.

As the Strait of Hormuz remains restricted by conflict, a shadow fleet of tankers is using "dark" transit tactics to keep global energy supplies moving to India.

Saudi Energy Minister Prince Abdulaziz bin Salman hails Russia ties, stating both nations are weathering storms under a "until death do us part" partnership.

NTPC is setting up flexible sub-critical coal-fired units to balance the Indian grid as renewable energy integration creates new challenges for power stability.
Oil India Limited has confirmed a new natural gas discovery in the Andaman basin, a major step for India's offshore exploration and energy self-reliance goals.

India and Russia have set a $100 billion trade target by 2030. PM Modi and President Putin's roadmap focuses on energy, nuclear power, and economic connectivity.

Venezuela holds the world’s largest oil reserves, yet suffered a historic collapse. As production recovers, we analyze the global impact of their return to markets.

As West Asia conflict threatens energy and fertiliser imports, India faces macroeconomic risks. Explore why energy stability is vital for domestic food security.

India has become a top trade partner for Russia as Moscow shifts energy flows to friendly nations, with bilateral trade hitting a record $68.7 billion in 2024-25.